2020

20.02.2020 – BELIMO Holding AG

Belimo Holding AG: Belimo to Nominate Stefan Ranstrand for Election to the Board of Directors

Belimo Holding AG / Key word(s): Personnel
Belimo Holding AG: Belimo to Nominate Stefan Ranstrand for Election to the
Board of Directors

20-Feb-2020 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.

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Hinwil (Switzerland), EMBARGOED UNTIL February 20, 2020, 7.00 a.m. CET Press
Release of the Belimo Group

Belimo to Nominate Stefan Ranstrand for Election to the Board of Directors

The Board of Directors of BELIMO Holding AG will nominate Stefan Ranstrand
for election to the previous five-member body at the upcoming Annual General
Meeting.

As part of its long-term succession planning, the Board of Directors has
decided to nominate Stefan Ranstrand as a new Member.

Stefan Ranstrand holds a Master of Science degree in Industrial and
Management Engineering, which he received from the University of Technology
Darmstadt (Germany), and the University Linköping (Sweden). He is President
and CEO of Tomra Systems ASA, Asker (Norway), which is specialised in
recycling solutions. Prior to that, Stefan Ranstrand has been working in
various executive positions for ABB Ltd. in China, Japan, Malaysia,
Switzerland and the Czech Republic.

The Board of Directors is convinced that Stefan Ranstrand is a very suitable
candidate for recommendation to the Annual General Meeting. Thanks to his
successful track record as CEO of a globally active and listed industrial
company, his expertise in Asia Pacific as well as his personality matching
the culture of the Company he will ideally complement the Board of Directors
of Belimo.

The Belimo Group is a leading global manufacturer of innovative electrical
actuator, valve, and sensor solutions for heating, ventilation, and air
conditioning systems. The Company reported sales of CHF 693 million in 2019
and has approximately 1,900 employees. Information about the Company and its
products is available on the internet at www.belimo.com.

The shares of BELIMO Holding AG have been traded on the SIX Swiss Exchange
since 1995 (BEAN).

   Contact    Lars van der Haegen, CEO                   +41 43 843 62 08
   Agenda     Publication of Annual Report 2019 /
              Media and Financial Analysts Conference
              March 9, 2020
              Annual General Meeting 2020                March 30, 2020
BELIMO Holding AG
Brunnenbachstrasse 1
8340 Hinwil Switzerland
Tel. +41 43 843 61 11

Fax +41 43 843 62 41
ir@belimo.ch www.belimo.com


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