Oliver Streuli New Chief Financial Officer of Rieter Group

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    The Board of Directors of Rieter Holding Ltd. has appointed Oliver Streuli to the
    Group Executive Committee of Rieter Group as Chief Financial Officer, effective
    August 1, 2023

    Oliver Streuli was from June 2019 until April 2023 CEO at PCS Holding AG in
    Frauenfeld (Switzerland), a private institutional investment company, where was
    responsible for developing the investment strategy as well as the financial and
    strategic supervision of the industrial portfolio companies. He was also the project
    manager for the IPO on the SIX Swiss Exchange at Stadler Rail AG, Bussnang
    (Switzerland). Previously, he held different positions at UBS.

    He is currently a member of the Board of Directors of Swiss Steel Holding AG,
    Lucerne (Switzerland), and Autoneum Holding AG, Winterthur (Switzerland).

    Oliver Streuli was a member of the Board of Directors of several industrial and
    financial portfolio companies of PCS Holding AG in Switzerland, Austria and in
    Türkiye, which is active in the fields of electric propulsion systems, green mobility and
    rolling stock leasing.

    The Board of Directors of Rieter voted unanimously to elect Oliver Streuli as Chief
    Financial Officer. “Rieter has gained with the election of Oliver Streuli an expert for
    the function of Chief Financial Officer whose skills are an excellent complement to
    the Group Executive Committee,” says Thomas Oetterli, member of the Board of
    Directors and Chief Executive Officer.

    Oliver Streuli was born in 1988 and is a Swiss citizen. He holds a Master’s degree in
    Accounting and Finance from University St. Gallen (HSG).

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