RHI AG: Henning Eskild Jensen new CFO

16. December 2009

Henning Eskild Jensen, MBA, was appointed new Chief Financial Officer of RHI AG at today’s Supervisory Board Meeting. Born in Norway, Jensen, age 49, was previously a member of the Management Board of the US electronics manufacturer Tyco Electronics and will assume his new function in January 2010.

Rudolf Payer, member of the Management Board of RHI AG and until now responsible for Business Administration, informed the Supervisory Board at today’s meeting that he will not extend his Management Board contract, which expires on 30 June 2010, on his own request. The tasks managed by Mr. Payer will be taken over by Mr. Jensen as of 30 June 2010. The Supervisory Board thanks Rudolf Payer for many years of commitment to the company and wishes him all the best for his further career.

Henning E. Jensen studied at the University of St. Gallen and obtained an MBA at the University of San Francisco. In the course of his career he held several executive positions in the area of Finance in international companies. Before changing to Tyco Electronics, he was Director of Finance at Delphi Electronics, a subsidiary of General Motors.