EQS Group-Ad-hoc: Mobimo Holding AG / Key word(s): Miscellaneous
28.11.2014 / 19:27
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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P r e s s   r e l e a s e



Changes in the Board of Directors of Mobimo Holding AG

Lucerne/Küsnacht, 28 November 2014 - Paul Rambert, member of the Board of Directors and Vice Chairman of Mobimo Holding AG, is set to step down at the 2015 General Meeting due to the internal age limit within the company. Peter Barandun, CEO and Chairman of the Board of Directors of Electrolux AG, will stand for election to the Board of Directors at the same time.
Paul Rambert has been a member of the Board of Directors of Mobimo Holding AG since 2009. His previous positions included CEO of LO Lausanne-Ouchy SA until its merger with Mobimo. He will remain in office until the General Meeting and continue to contribute his extensive experience in the real estate sector. He will still be involved with his company Immopoly.
The Board of Directors would already like to thank Paul Rambert for his valuable work as a member of the Board of Directors over many years and his contribution to the company's success.

Peter Barandun (born 1964, Swiss citizen), Executive MBA HSG, has been with Electrolux AG since 1996. He was initially Managing Director for the Electrolux and Zanussi brands before taking over as CEO and Chairman of the Board of Directors in 2002. He also holds various other mandates, including as a member of the Board of Directors of AFG Arbonia-Forster-Holding AG and a member of the Presiding Committee of Swiss-Ski. Mr. Barandun is a generalist and has wide-ranging expertise in the real estate sector. Mobimo will seek to benefit going forward from his know-how in the area of strategic corporate management, his knowledge of the real estate sector and his network of contacts.

The Board of Directors will introduce Peter Barandun at the General Meeting on 26 March 2015 and propose him for election to the Board of Directors.
For enquiries please contact: 
Mobimo Holding AG
Dr. Christoph Caviezel, CEO
+41 44 397 11 86
ir@mobimo.ch
www.mobimo.ch

About Mobimo
Mobimo Holding AG was established in Lucerne in 1999 and has been listed on the SIX Swiss Exchange since 2005. The Mobimo Group has an attractive portfolio mix of investment properties offering steady returns and development properties with significant appreciation potential. Investments are made in promising locations in the economic areas of Zurich and Lausanne/Geneva, as well as in those of Basel, Lucerne/Zug, Aarau and St. Gallen. With a total property portfolio of CHF 2.5 billion, Mobimo is one of the leading real estate companies in Switzerland. The pipeline includes development properties for the company's own portfolio with an investment volume of CHF 0.9 billion (as at 30 June 2014).
End of ad hoc announcement

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28.11.2014 News transmitted by EQS Schweiz AG. www.eqs.com - news archive: http://switzerland.eqs.com/de/News

The issuer is responsible for the contents of the release.
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300859 28.11.2014