Organisation chart of the Valora Group

The Group’s registered office is in Muttenz, Switzerland. The registered shares of Valora Holding AG (VALN) are traded on SIX Swiss Exchange AG.

Organisation chart of the Valora Group

Members of the board of directors

Sascha Zahnd

Sascha Zahnd

1975, Swiss citizen, Chairperson (since 2022) and Board member (since 2019)

Other main activities in 2021:
Member of the board of directors of MYT Netherlands Parent B.V. (“Mytheresa”), a NYSE listed company, and since May 2021 president of digitalswitzerland.

Career highlights:
Since 2021, Sascha Zahnd has been a member of the board of directors of MYT Netherlands Parent B.V., the NYSE listed parent company of Mytheresa, an online retailer for luxury fashion. He is also president of the digitalswitzerland initiative that aims to strengthen Switzerland as a leading global location for digital innovation. From 2016 to 2021, he was part of the leadership team of Tesla, California. There he was responsible for the global supply chain and for the EMEA region, where, among other duties, he built up the retail business. He also played an active role in shaping future global topics such as mobility, energy, artificial intelligence and Industry 4.0. Previously he worked at ETA SA / Swatch Group for six years where he was responsible for the global supply chain and the component production plants as a member of the Executive Board. From 2001, his various functions at IKEA took him from Switzerland to Sweden, Mexico, the US and China, where he held a number of management positions in retail and the supply chain area.

Qualifications:
Qualified forwarding merchant, degree in Business Administration (University of Applied Sciences), Executive Master of Business Administration from the IMD Business School Lausanne.

Key attributes for the Board:
Sascha Zahnd boasts a strong track record in the fields of retail, production and supply chain at globally leading companies. He also embodies the digital pioneer, innovation and transformation spirit that is synonymous with Silicon Valley.

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Insa Klasing

Insa Klasing

1979, German citizen, Vice-Chairperson (since 2022) and Board member (since 2019)

Other main activities in 2021:
Co-Founder and CEO of TheNextWe (Uniq Coaching GmbH), member of the Board of Directors of SV Group AG, member of the Supervisory Board of Sausalitos, member of the Senior Advisory Committee of Ergon Capital, author at Campus Verlag.

Career highlights:
Since 2017, Insa Klasing has served as CEO of the Berlin-based start-up TheNextWe, a company that she co-founded and which provides support in changing digital mindsets within companies. She is an expert on the future of leadership and her book on the subject, “The two-hour boss”, was published in 2019. In 2017, the World Economic Forum named her a Young Global Leader. Insa Klasing held the position of CEO of Kentucky Fried Chicken (KFC) in the DACH region and Denmark for five years after having worked as Supply Chain and Equipment Director and Company Operations Director for KFC UK. Between 2006 and 2009, she was responsible in her role as Country Manager for the launch of the British brand “innocent smoothies” in Germany, which developed into the market leader. She started her career in 2004 as a strategy consultant at Bain & Company in London. Prior to this, she took on a role for the NGO Action Aid! in New Delhi immediately after completing her studies in 2003.

Qualifications:
B.A. in Politics, Philosophy and Economics (PPE) from University of Oxford, M.A. in South Asian Area Studies from University of London.

Key attributes for the Board:
Insa Klasing contributes her far-reaching international retail experience in the strategically important areas such as food, franchising and digital.

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Markus Bernhard

Markus Bernhard

1964, Swiss citizen, Board member (since 2020)

Other main activities in 2021:
CEO of mobilezone Group, a SIX Swiss Exchange listed company, member of the board of directors of NovaStor Software Group and Wickart AG.

Career highlights:
Markus Bernhard has been CEO of mobilezone Group since 2014. The mobilezone Group is an independent telecommunications retailer operating in the DACH region, based in Rotkreuz and listed on SIX Swiss Exchange. He joined the company as CFO in 2007. Before that, Markus Bernhard was CFO and Deputy CEO of the international Novavisions AG listed on the Neuer Markt, Frankfurt, for ten years. From 1991 to 1997, Markus Bernhard worked as an auditor at PricewaterhouseCoopers.

Qualifications:
Master of Business Administration specialising in Fiduciary & Audit and Corporate Finance from the University of St. Gallen, Swiss Certified Public Accountant.

Key attributes for the Board:
Markus Bernhard strengthens the Board of Directors through his expertise in finance, M&A and stationary and digital retail, in addition to other areas.

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Michael Kliger

Michael Kliger

1967, German citizen, Board member (since 2017)

Other main activities in 2021:
CEO of MYT Netherlands Parent B.V. (“Mytheresa”), a NYSE listed company.

Career highlights:
Since 2015, Michael Kliger has been President and CEO of the luxury online women’s fashion retailer Mytheresa with its flagship store in Munich. Previously, he was Vice President Europe and APAC at eBay Enterprise (formerly called GSI Commerce) where he managed all commercial and marketing activities in Europe & APAC since 2013. Between 2010 and 2012 he was Executive Director at Accenture specialising in the areas of consulting, systems integration and outsourcing. In 2005 he joined Real Holding AG as Chief Operating Officer and managed the company’s hypermarket store operations across Europe. Between 1992 and 2004 he worked at McKinsey where he became a Partner and acted as the leader of the German retail sector.

Qualifications:
Degree in business administration from TU Berlin, MBA from Northwestern University (Kellogg School of Management).

Key attributes for the Board:
Thanks to a broad range of professional activities, Michael Kliger brings substantial expertise in digitalisation and the retail industry to the Board.

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Dr Karin Schwab

Dr Karin Schwab

1972, Swiss and US citizen, Board member (since 2020)

Other main activities in 2021:
Vice President and Deputy General Counsel at eBay Inc., a NASDAQ listed company, member of the International Advisory Board of the ZHAW School of Management and Law, Zurich.

Career highlights:
Karin Schwab is Vice President and Deputy General Counsel at eBay Inc., one of the world’s leading online marketplaces. In this position, she has detailed knowledge of all the legal and operational issues relating to products, technologies, payments and data protection. She joined the eBay head office in San Jose, USA, in 2013 as Deputy General Counsel North and Latin America. Prior to that, she was Associate General Counsel Europe and served as secretary of the Board of eBay International AG. She joined the company in 2005 as Legal Counsel for Austria, Switzerland, Poland and Sweden and was subsequently responsible for intellectual property and litigation in Europe. Karin Schwab started her career as an associate with the Zurich law firm Homburger.

Qualifications:
Law degree (lic. iur.) from the University of Fribourg and Ph.D. from the University of Zurich, Master of Laws from the University of London, licensed to practise in Switzerland and California, USA.

Key attributes for the Board:
In addition to her international legal experience, Karin Schwab offers Valora expertise in e-commerce, product, technology, payment and data protection issues.

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Felix Stinson

Felix Stinson

1985, German-American citizen, Board member (since 2021)

Other main activities in 2021:
Managing Director of Investment Management at Ditsch Family Office in Mainz and Zurich, member of the United Chocolate GmbH Advisory Board.

Career highlights:
Felix Stinson has been in charge of investment management at Ditsch Family Office in Mainz and Zurich since 2017. Before that, he spent over two years at the German branch of BNP Paribas S.A., where he held various positions including portfolio manager for leveraged finance transactions. He was a quantitative analyst in investment banking at Deutsche Bank AG in New York and Frankfurt from 2010 to 2014. During his studies, he also worked at BASF SE/ BASF IT Services GmbH in Germany and the United Kingdom and then at IBM Deutschland GmbH.

Qualifications:
Master of Science in Finance and Investment from Rotterdam School of Management, Erasmus University, Bachelor in Mathematics from the Technical University of Darmstadt, diploma in business informatics from Baden-Wuerttemberg Cooperative State University in Mannheim.

Key attributes for the Board:
Felix Stinson contributes his substantial expertise in finance and investment to the Board.

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Members of Group Executive Management

The CEO is responsible for managing the Group. He coordinates the activities of the individual divisions and chairs the Group Executive Management Committee. The other members of Group Executive Management report to the CEO. The division heads manage their divisions with a view to achieving sustainably profitable performance. They define the specific management tools their divisions require in addition to the Group-wide guidelines in place.

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Michael Mueller

Michael Mueller

1972, Swiss citizen
CEO Valora Group

Career highlights:
Michael Mueller joined Valora on 1 November 2012, initially as CFO of Valora Holding AG and since 1 March 2014 he has been the CEO. In his previous roles, he was the Owner & Managing Director of Rubus Capital Management Ltd. between 2010 and 2012, CEO/Delegate and Member of the Board of Directors of Jelmoli Holding AG between 2007 and 2010 as well as CEO of GVO Asset Management Ltd. between 2007 and 2009. Before this, he was a merger & acquisitions advisor in investment banking at Goldman Sachs and he worked for Bain & Company as a strategy consultant in strategic transformation and restructuring programmes. In addition to his role at Valora, Michael Mueller is a member of the Board of Directors of Merbag Holding AG since 2021.

Qualifications:
Master’s degree in Law (lic. iur. HSG) from the University of St. Gallen.

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Beat Fellmann

Beat Fellmann

1964, Swiss
CFO Valora Group

Career highlights:
Beat Fellmann has been CFO of the Valora Group and a member of Group Executive Management since 1 July, 2020. He was previously CFO and Head Corporate Center at Implenia and a member of the Group Executive Board from 2008 to 2019 before he moved on to Exyte AG in Stuttgart as a member of the Executive Board. He began his career at the international industrial company Bühler, and in 1998 he switched to the Holcim Group. There he was responsible for all the finance and holding companies worldwide. In 2005, he was appointed deputy Group CFO. In addition to his role at Valora, he is a member of the Board of Directors of Vitra Holding AG since 2016, a member of the Board of Directors of Helvetia Holding AG since 2018 and a member of the Swiss Takeover Board since 2014.

Qualifications:
Master’s degree in Business Economics (lic. oec. HSG) from the University of St.Gallen and Swiss Certified Public Accountant.

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Thomas Eisele

Thomas Eisele

1974, Swiss citizen
CEO of the Food Service division

Career highlights:
Thomas Eisele has been CEO of Valora’s Food Service division and member of the Group Executive Management since 1 April 2014. He joined Valora in 2008 as Assistant to the Executive Chairman of Valora Holding AG and became Head M&A/Corporate Business Development in 2009. After the acquisition of Ditsch/Brezelkönig in 2012, he was Managing Director of Brezelkönig until 2014 and of Ditsch until 1 January 2019. Previously, he spent two years as the Assistant of the Executive Chairman at Manor Group. In further positions, he was the CFO/COO of itheca Group and worked for Buck Brunner Partner and MCS as a consultant.

Qualifications:
Master’s degree in Economics (lic. rer. pol.) from the University of Basel.

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Roger Vogt

Roger Vogt

1977, Swiss citizen
CEO of the Retail division

Career highlights:
Roger Vogt joined Valora on 1 January 2018 as CEO Retail Switzerland and member of the extended Group Executive Management. Since 1 January 2019, he has been CEO of the Retail division and member of the Group Executive Management. From 2014, Roger Vogt was Head of Sales Region Northwestern Switzerland, Central Switzerland and Zurich at Coop. He previously managed the Central Switzerland and Zurich sales region for around four years. Before this, he had started out at Coop in 1996 as a butcher. He went on to manage various Coop sales outlets, before assuming the role of sales manager and ultimately heading up the sales area.

Qualifications:
Executive MBA at the University of Applied Sciences in Zurich (HWZ).

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