pta20171201007
Business news for the stock market

Wienerberger AG: Term of office of Wienerberger Managing Board prolonged

Wienerberger Managing Board

Wienerberger Managing Board

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Vienna (pta007/01.12.2017/09:30 UTC+1) Wienerberger's Supervisory Board prolongs the terms of office of CEO Heimo Scheuch by five years until April 2023 and CFO Willy Van Riet by four years until April 2022
- Supervisory Board supports the company's ambitious growth targets for 2020

The Managing Board mandates of Heimo Scheuch, CEO of Wienerberger AG, and Willy Van Riet, CFO of Wienerberger AG, due to expire on April 1, 2018, have been prolonged by the Supervisory Board.

Regina Prehofer, Chairwoman of the Wienerberger Supervisory Board, outlines the reasons for the decision: "In recent months, the Supervisory Board engaged in intensive discussions with the Managing Board on the strategic orientation and the future growth of the Wienerberger Group. With Heimo Scheuch and Willy Van Riet, we have the benefit of an experienced top management team which has not only succeeded in securing Wienerberger's above-average profitable growth in recent years, but is also excellently qualified to address the challenges of the future, such as the growing trend toward digitization and the technological changes in our industry. Speaking on behalf of the entire Supervisory Board, I sincerely welcome the fact that Heimo Scheuch and Willy Van Riet will continue to take charge of the successful development of Wienerberger in the years to come."

Wienerberger Group
Wienerberger is the world's largest producer of bricks (Porotherm, Terca) and the market leader in clay roof tiles (Koramic, Tondach) in Europe as well as concrete pavers (Semmelrock) in Central and Eastern Europe. In pipe systems (Steinzeug-Keramo ceramic pipes and Pipelife plastic pipes), the company is one of the leading suppliers in Europe. With its total of 200 production sites, the Wienerberger Group generated revenues of Eur 2,974 million and EBITDA of Eur 404 million in 2016.

For further information please contact
Karin Steinbichler, Head of Corporate Communications Wienerberger AG
t +43 1 601 92 - 10149 | communication@wienerberger.com

Klaus Ofner, Head of Investor Relations Wienerberger AG
t +43 1 601 92 - 10221 | investor@wienerberger.com

Wienerberger AG is a pure free float company, whereby the majority of shares are held by Austrian and international institutional investors. Additional information on the shareholder structure is provided under http://www.wienerberger.com/investor-relations/the-wienerberger-share/the-wienerberger-share/shareholder-structure.

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Emitter: Wienerberger AG
Wienerbergstraße 11
1100 Wien
Austria
Contact Person: Karin Steinbichler
Phone: +43 1 60192-10149
E-Mail: communication@wienerberger.com
Website: www.wienerberger.com
ISIN(s): AT0000831706 (Share)
Stock Exchange(s): Vienna Stock Exchange (Official Trade)
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