Baden-Baden, October 29, 2021. The Supervisory Board of GRENKE AG has appointed Chief Financial Officer Dr Sebastian Hirsch additionally as the Deputy Chair of the Board of Directors effective November 1, 2021.

The Chair of the Supervisory Board of GRENKE AG, Prof. Ernst-Moritz Lipp, in his comments on the appointment, says: "Dr Hirsch embodies both continuity and new beginnings. He knows the Company like no other and has led GRENKE through the crisis in a central role, and personifies the generational change at GRENKE. CEO Michael Bücker and Sebastian Hirsch are the perfect combination. Together with Isabel Rösler and Gilles Christ, we have a powerful team of Board of Directors who have our full trust and support."

GRENKE CEO Michael Bücker added: "I am very pleased with the appointment of Dr Sebastian Hirsch as my deputy. Even in the short time we have been working together, it has become clear that we complement each other excellently in terms of our skills and experience."

Sebastian Hirsch has been with GRENKE since 2004. He began his career in Controlling, served as a member of the Board of Directors of GRENKE BANK AG, and has been a member of the Board of Directors of GRENKE AG since 2017, responsible for Controlling, M&A, Treasury, Legal, Tax, and Investor Relations. In October of last year, he was appointed CFO of GRENKE AG. Hirsch holds a degree in Business Administration (BA) and a Master of Art in Banking and Finance. In 2021, he completed his doctorate at Steinbeis University.

For further information, please contact:

GRENKE AG
Team Investor Relations
Neuer Markt 2
76532 Baden-Baden
Phone:    +49 7221 5007-204
Email:     investor@grenke.de
Website:   www.grenke.com

Press contact
Stefan Wichmann
Executive Communications Consulting
Neuer Markt 2
76532 Baden-Baden
Mobile:  +49 (0) 171 20 20 300
Email:    presse@grenke.de