REG-UBS AG Renata Jungo Brüngger and Lila Tretikov to be nominated to the Board of Directors at the forthcoming Annual General Meeting

UBS AGAnnouncement

04/03/2025 07:00

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Renata Jungo Brüngger and Lila Tretikov to be nominated to the Board of
Directors at the forthcoming Annual General Meeting


 * Renata Jungo Brüngger and Lila Tretikov to be nominated for election to the
Board of Directors of UBS Group AG and UBS AG

 * Claudia Böckstiegel and Nathalie Rachou will not stand for re-election after
four, respectively five years of Board membership

 

Ad hoc announcement pursuant to article 53 of the SIX Exchange Regulation
Listing Rules

UBS Group AG (NYSE:UBS) (SWX:UBSN) announces the nominations of Renata Jungo
Brüngger (born 1961) and Lila Tretikov (born 1978) for election to the Board
of Directors at the Annual General Meeting on 10 April 2025.

Renata Jungo Brüngger is a highly respected professional with extensive
experience in legal affairs, governance, and sustainability. Since 2016, she
has been serving as a member of the Board of Management of Mercedes-Benz Group
AG, overseeing the areas of Integrity, Governance, and Sustainability and
being responsible for the legal, compliance, and corporate audit functions. In
this role, she is appointed until December 2025. Ms. Jungo Brüngger is also a
member of the supervisory boards of Munich Re and Daimler Truck Holding AG.
After completing a law degree at the University of Fribourg, gaining admission
to the bar, and later earning an LL.M. in international commercial law, she
has built a career spanning 30 years, during which she has held a variety of
senior legal and general counsel positions.

Lila Tretikov is a well-known expert in artificial intelligence (AI) and
technology-driven business transformation. Currently, she leads AI strategy at
New Enterprise Associates, a Silicon Valley-based venture capital firm. Most
recently, she served as Deputy Chief Technology Officer at Microsoft, where
she led substantial transformation initiatives, and Senior Vice President at
Engie, CEO & Vice Chair of Terrawatt at Engie. Ms. Tretikov is a
distinguished software engineer and programmer, as well as an alumna of the
University of California, Berkeley.

Colm Kelleher, Chairman of the Board of Directors, said: “I am delighted to
announce the nominations of Renata Jungo Brüngger and Lila Tretikov. Renata's
impressive background, including her General Counsel positions in leading
global firms, coupled with her extensive knowledge of topics such as
governance and sustainability, equips her perfectly to assist us in shaping
our strategic direction and driving ongoing success. Lila’s expertise and
vision across digital topics, including AI and cybersecurity, are invaluable
assets for UBS. With her appointment, we will significantly improve the
technology competence on our Board of Directors.”

At the Annual General Meeting, Claudia Böckstiegel and Nathalie Rachou will
not stand for re-election. Claudia Böckstiegel, who has been a Board member
since 2021 and served on the Corporate Culture and Responsibility Committee,
has decided to focus on her executive role at Roche. Nathalie Rachou, who has
been a Board member since 2020 and served on the Risk Committee, the
Governance and Nominating Committee, and the Audit Committee, is stepping down
for personal reasons. The Chairman of the Board of Directors as well as the
Board extend their gratitude to Claudia Böckstiegel and Nathalie Rachou for
their dedicated service and significant contributions over the last years.

UBS Group AG and UBS AG

Investor contact

Switzerland: +41-44-234 41 00

Media contact

Switzerland: +41-44-234 85 00

UK: +44-207-567 47 14

Americas: +1-212-882 58 58

APAC: +852-297-1 82 00

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