Changes to the Board of Directors of Valora Holding AG

25.01.2018 / 08:00 / Ad hoc announcement pursuant to art. 53 LR, Shareholder

As Bernhard Heusler has decided not to stand for re-election at the next annual general meeting of Valora Holding AG, he will leave the Board of Directors in April 2018.

In future, Bernhard Heusler would like to focus on building up the company HWH recently co-founded by him and further developing the sports and business segments. He has therefore decided not to stand for re-election to the Board of Directors of Valora Holding AG at the annual general meeting on 13 April 2018. Bernhard Heusler has been a member of the Board of Directors since April 2008.

The Valora Group has become highly focused in the past few years and is now well-positioned in Switzerland and internationally as a strong convenience and food service company for the B2C and B2B segments. Franz Julen, Chairman of the Board of Directors of Valora Holding AG, says: "On behalf of the Valora Group I would like to thank Bernhard Heusler for his strong commitment and contribution to the transformation of Valora in a difficult market environment into a modern retail company with a focused growth strategy."

Valora wishes Bernhard Heusler all the best for the future.