RHI AG: Change in the Management Board (ad hoc)

07. September 2011

Henning E. Jensen informed the Supervisory Board of RHI AG today that he will resign, with immediate effect, from his function as the CEO of RHI AG on his own request.

The Supervisory Board of RHI AG accepted his resignation and appointed Mr. Franz Struzl new Chairman of the Management Board with effect from September 8, 2011.

Franz Struzl, 69, was a member of the Management Board of the Voestalpine Group for 12 years, of which he held the position of the CEO for the last three years. Most recently Franz Struzl managed Villares Metals, Brazil, a company of the Böhler-Uddeholm Group.

The Supervisory Board thanks Henning Jensen for his achievements and wishes Mr. Struzl success in his new function.