Uniper : Personnel changes planned in Uniper’s Supervisory Board

Uniper nominates four new members for its Supervisory Board: (Thomas) Tom Blades, Dr. Jutta Dönges, Dr. Marcus Schenck and Prof. Dr. Ines Zenke are to join the Uniper Supervisory Board as part of the planned change of ownership to the Federal Government. The two new members Dönges and Zenke of the Uniper Supervisory Board will be appointed by the Federal Government. Tom Blades is to take over as Chairman of the Supervisory Board.

Blades, Dönges, Schenck and Zenke are to succeed the representatives of the current majority shareholder Fortum on the Supervisory Board, whose mandates are expected to be resigned after the extraordinary general meeting on December 19. The Uniper Board of Management intends to then apply to the Düsseldorf district court for the appointment of the new Supervisory Board members. A constituent Supervisory Board meeting is still being sought for 2022, at which the chairman and the members of the committees are to be elected.

The designated Chairman of the Supervisory Board, Tom Blades, has gained international management experience in Europe, the Middle East, and the USA. With a degree in electrical engineering, he has held positions including CEO of the Siemens Energy Oil & Gas Division, member of the Executive Board of Linde AG and, most recently, Chairman of the Executive Board of Bilfinger SE until 2021. Blades holds British citizenship and was born in Hamburg in 1956.

Alongside the designated Chairman, the other nominated Supervisory Board members also have extensive expertise in energy and finance. The industrial engineer Dr. Jutta Dönges is a proven capital market expert and until October was Managing Director of the German Finance Agency, responsible, inter alia, for the Economic Stabilization Fund. Dr. Marcus Schenck is currently involved in the stabilization of Uniper with his financial and energy expertise, advising the Federal Government in his role as an investment banker at Lazard. Energy lawyer Prof. Dr. Ines Zenke is a partner and co-owner of the commercial law firm Becker Büttner Held.

Uniper CEO Klaus-Dieter Maubach: "I am very pleased about the early nomination of the new Supervisory Board members, all of whom have outstanding energy and financial expertise. Together with the new Supervisory Board, we want to strategically develop Uniper and return it to profitability. Already today, on behalf of the entire Uniper Board, I would like to thank the Fortum representatives on the Supervisory Board for their constructive cooperation. We anticipate their resignation after the upcoming extraordinary general meeting."

The current Fortum shareholder representatives are Markus Rauramo (Chair), Dr. Bernhard Günther, Esa Hyvärinen and Nora Steiner-Forsberg.In addition to the nominated Supervisory Board members, the two Independent Supervisory Board members Prof. Dr. Werner Brinker and Judith Buss will continue to serve on the Supervisory Board on the shareholder side, as will the six employee representatives: Harald Seegatz (Deputy Chairman of the employee representatives on the Uniper Supervisory Board), Diana Kirschner, Holger Grzella, Victoria Kulambi, Magnus Notini and Immo Schlepper. With five women and seven men, the future proportion of women on the Uniper Supervisory Board will be just under 42%.

Further information on the current members of the Uniper Supervisory Board can be found on the Uniper website:https://www.uniper.energy/investors/corporate-governance/supervisory-board