BRIEF

on Kommunalkredit Austria AG (isin : AT0000A2R9G1)

Management Change at Kommunalkredit Austria AG

On August 28, 2024, Kommunalkredit Austria AG announced a significant leadership change. The Supervisory Board resolved to dismiss Karl-Bernd Fislage, chairman and member of the management board, effective immediately. The decision followed a vote of no-confidence by an extraordinary shareholders' meeting held on the same day.

In the same meeting, the Supervisory Board appointed Sebastian Firlinger as interim CEO. The board will now begin the search for a permanent CEO. This change marks a critical point for the organization as it navigates leadership transitions.

R. P.

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