Press release
Source: VZ Holding AG / SIX: VZN / ISIN: CH0028200837

Change in VZ Group's Executive Board

Zurich, 3 December 2018 - Urs Feldmann has been a member of VZ Group's Executive Board since 2000 and has managed the group's corporate client business since 2013. At his own request, he will resign from the Executive Board at the end of April 2019. From then on, he will concentrate on managing the people development and recruiting division of the entire group. The Board of Directors has appointed Simon Tellenbach as the new head of corporate client business and promoted him to member of the Executive Board. Simon Tellenbach, a federally qualified pension fund manager, certified international investment analyst (CIIA) and business economist FH, has been working for VZ since 2005. He manages VZ Vorsorge Ltd and is already responsible for all VZ foundations. The Board of Directors thanks Urs Feldmann for his many years of commitment to the Executive Board and looks forward to working with Simon Tellenbach.

Contacts
Adriano Pavone
Head Media Communications 
Phone +41 44 207 25 22 
adriano.pavone@vzch.com 
www.vzch.com/medien 

Petra Märk
Head Investor Relations
Phone +41 44 207 26 32
E-mail: petra.maerk@vzch.com
www.vzch.com/investor-relations

VZ Group
VZ is an independent Swiss financial service company, and VZ Holding Ltd's shares are listed on the SIX Swiss Exchange. Asset management, pension and estate planning for individuals as well as insurance and pension fund management for companies are VZ Group's core services. VZ Holding is headquartered in Zurich, and VZ has 32 branch offices throughout Switzerland and Germany.

Forward-looking statements
This press release contains forward-looking statements that involve known and unknown risks, uncertainties or other factors that may cause the actual results to be materially different from any future results, performance, or achievements expressed or implied by such statements. Against the background of these uncertainties, readers should not rely on such forward-looking statements. The company assumes no responsibility to up-date forward-looking statements or to adapt them to future events or developments.