Villeroy & Boch AG: Reorganisation of the responsibilities of the Management
Board

EQS-Ad-hoc: Villeroy & Boch AG / Key word(s): Personnel
Villeroy & Boch AG: Reorganisation of the responsibilities of the Management
Board

04-Jul-2024 / 10:17 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Today, the Supervisory Board of Villeroy & Boch AG resolved a structural
reorganisation of the Management Board responsibilities and a corresponding
change in the Group organisation with effect from 1 August 2024.

As part of the new allocation of responsibilities, the current Bathroom &
Wellness division will be merged with Ideal Standard and divided into the
three functional areas of Operations, Sales and Marketing/R&D/Product
Management. The Operations area will be assigned to a new Management Board
function "Chief Operations Officer Bathroom & Wellness" (COO B&W);
"Purchasing" and "ESG" will be assigned to this Management Board function.
The new COO B&W function will be assumed by the current member of the
Management Board (Bathroom & Wellness), Mr. Georg Lörz.

Furthermore, the positions of Executive Vice President Marketing/R&D/Product
Management and Executive Vice President Sales Bath & Wellness will be
established below the Management Board and assigned to the Chairwoman of the
Management Board (CEO). Mr. Jan Peter Tewes, currently Managing Director of
Ideal Standard, will assume the position of Executive Vice President Sales
Bath & Wellness; the next step will be to fill the EVP Marketing position.


End of Inside Information

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   Language:       English
   Company:        Villeroy & Boch AG
                   Saaruferstraße 1-3
                   66693 Mettlach
                   Germany
   Phone:          +49 (0)6864 81-0
   E-mail:         information@villeroy-boch.com
   Internet:       www.villeroy-boch.de
   ISIN:           DE0007657231, DE0007657207
   WKN:            765723
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1939803

End of Announcement EQS News Service
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1939803 04-Jul-2024 CET/CEST