MEDIA RELEASE

October 22, 2024

SIG Group AG (“SIG”, the “Group”, the “Company”)

SIG Board of Directors nominates Ola Rollén for election as Chair at the 2025 AGM

 SIG is pleased to announce that the Board of Directors (“Board”) has selected Ola Rollén as its nominee for the position of the of Chair of the Board at the Group’s 2025 Annual General Meeting. As previously announced, Andreas Umbach, the current Chair, has decided to not stand for re-election after having successfully chaired the Company since the Initial Public Offering in 2018.

Ola Rollén is a proven industrial leader with an entrepreneurial mindset driving growth and value creation. He was the President and CEO, and a member of the board of directors, of the Swedish industrial group Hexagon AB from 2000 to 2022. In 2023, he was elected as the company’s Chair. Under his leadership at Hexagon, he transformed the business through the successful integration of acquisitions from a Swedish conglomerate into a global leader of sensor and software technologies.

Mr Rollén, a Swedish citizen, was appointed CEO of Greenbridge S.A. in September 2024 after previously having served as its chair. Greenbridge is an investment company he co-founded in 2015 focusing on identifying companies that will drive the next industrial revolution.

Andreas Umbach, Chair of the Board of SIG, said: “I am delighted that the Board is proposing Ola Rollén as its Chair and my successor. Ola has an impressive track record of combining strategic foresight and strong business acumen with a deep understanding of the capital markets. I am confident that he will build on SIG's success story and take the Company to the next level.”

Ola Rollén, said: “I am honoured and excited that the Board of SIG has nominated me for election as its Chair at the 2025 AGM. SIG has a strong business model where innovation and sustainability play an integral role. I look forward to using my many years of industrial experience in a global business to help drive the Group forward.”

Investor contact:
Ingrid McMahon
Director Investor Relations
Tel: +41 52 543 1224
Email: Ingrid.mcmahon@sig.biz

Media contact:
Andreas Hildenbrand
Lemongrass Communications
Tel: +41 44 202 5238
Email: andreas.hildenbrand@lemongrass.agency 

About SIG

SIG is a leading solutions provider of packaging for better – better for our customers, for consumers, and for the world. With our unique portfolio of aseptic carton, bag-in-box, and spouted pouch, we work in partnership with our customers to bring food and beverage products to consumers around the world in a safe, sustainable, and affordable way. Our technology and outstanding innovation capabilities enable us to provide our customers with end-to-end solutions for differentiated products, smarter factories, and connected packs, all to address the ever-changing needs of consumers. Sustainability is integral to our business, and we strive to create a net positive food packaging system.

Founded in 1853, SIG is headquartered in Neuhausen, Switzerland, and listed at the SIX Swiss Exchange. The skills and experience of our approximately 9,000 employees worldwide enable us to respond quickly and effectively to the needs of our customers in over 100 countries. In 2023, SIG produced 53 billion packs and generated €3.2 billion in revenue. SIG also has an AA ESG rating by MSCI, a 13.9 (low risk) score by Sustainalytics, Platinum CSR rating by EcoVadis, and is included in the FTSE4Good Index. For more information, visit our website. 

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