Dirk Auerbach Appointed Chairman of Varengold Bank Supervisory Board

Varengold Bank AG's shareholders elected Dirk Auerbach to the Supervisory Board during the Annual General Meeting held on August 13, 2024. Subsequently, Auerbach was also appointed as the new Chairman of the Supervisory Board. Dr. Karl-Heinz Lemnitzer will serve as his deputy.

Mr. Auerbach brings extensive expertise and years of experience in various banking sectors, including governance, compliance, and money laundering prevention. The bank's management expressed pleasure in welcoming Auerbach to this influential role.

This announcement fulfills a mandatory disclosure obligation under Article 17 MAR, reflecting the company's commitment to transparency and regulatory compliance.