Bucher Industries AG, CH0002432174

Bucher Industries AG, CH0002432174

13.09.2022 - 06:05:44

New member of the board of directors

Ad hoc announcement Niederweningen, 13 September 2022?| Ad hoc announcement pursuant to article 53 listing rules

The board of directors of Bucher Industries proposes that the annual general meeting on 19?April?2023 elect Urs Kaufmann as a new board member. Urs?Kaufmann will also be proposed to the annual general meeting in 2024 as chairman of the board of directors and nominated as successor to Philip Mosimann.

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The board of directors of Bucher Industries AG proposes to the annual general meeting on 19?April?2023 that Urs?Kaufmann be elected as a new board member. With long-term succession planning in mind, the board also nominated Urs?Kaufmann to the annual general meeting in 2024 as successor to Philip?Mosimann for chairman of the board of directors. Philip?Mosimann will not stand for re-election in 2024 as he will have reached the age limit set in the rules of organisation.

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Urs?Kaufman, dipl.?Ing. ETH, was born in 1962, is a Swiss citizen and has many years of experience in the manufacturing industry in an international environment. From 1987 to 1993, he worked at Zellweger Uster in various positions, was in charge of production in Knoxville, USA, and later sales in the EMEA region. In 1994, Urs?Kaufmann moved to Huber?+?Suhner, where he became CEO in 2002 and chairman of the board of directors in 2017. Until January 2023, he will be chairman of the board of directors of Schaffner?Holding, Luterbach. He is a member of the board of directors of SFS?Group, Heerbrugg, Vetropack?Holding, B?lach, and of M?ller?Martini?Holding, Hergiswil. He is also a member of the executive committee of the Swiss Employers Confederation and of Swissmem.

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With his extensive experience as CEO and as chairman of the board of directors in global companies active in plant construction and mechanical and electrical engineering, and his personality which suits the Bucher corporate culture, Urs?Kaufmann has the best prerequisites to continue the long-term, value-based strategy of the company.

Contact Philip Mosimann, Chairman of the Board of Directors Silvia Oppliger, Head of Group Communications T +41 58 750 15 40 media@bucherindustries.com

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Simply great machines Bucher Industries is a global technology group with leading market positions in speciality areas of mechanical and vehicle engineering. The company?s operations include specialised agricultural machinery, municipal vehicles, hydraulic components, manufacturing equipment for the glass container industry, equipment for processing beverages, as well as automation solutions. The company?s shares are traded on the SIX Swiss Exchange (SIX: BUCN). Further information is available at bucherindustries.com.

Additional performance measures: Internally and externally Bucher Industries uses key figures that are not defined by Swiss GAAP FER. The composition and calculation of the individual performance measures are set out here: bucherindustries.com/en/additional-performance-measures.

End of Inside Information Language: English Company: Bucher Industries AG Murzlenstrasse 80 8166 Niederweningen

Switzerland Phone: +41 58 750 15 00 E-mail: info@bucherindustries.com Internet: www.bucherindustries.com ISIN: CH0002432174 Listed: SIX Swiss Exchange EQS News ID: 1440833 ? End of Announcement EQS News Service

1440833??13-Sep-2022?CET/CEST

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