February 14, 2019 | Ad hoc announcement pursuant to Art. 53 LR

Rainer Dübi new President Services Division at Burckhardt Compression

The Board of Directors of Burckhardt Compression Holding AG has appointed Rainer Dübi to be the new President of the Services Division and a member of the Executive Board. He will assume his new role from Martin Wendel on February 15, 2019.

The Board of Directors of Burckhardt Compression Holding AG has appointed Rainer Dübi (50) to be the new President of the Services Division and a member of the Executive Board. He will succeed Martin Wendel, who has held this position since September 2016.

Rainer Dübi has been with Burckhardt Compression since 2003 and is highly familiar with the company’s reciprocating compressor manufacturing and services business. Rainer Dübi has served as the Head of Design and Manufacturing since 2012 and is a member of the Systems Division management team. Prior to this position, he was a market segment manager for compressor sales and a manager in the Sizing department at Burckhardt Compression. Rainer Dübi has a mechanical engineering degree from the Winterthur School of Engineering and subsequently obtained a Master Degree in Advanced Studies of Business Administration (MASBA) from the ZHAW School of Management in Winterthur.

Martin Wendel will leave the company at the end of August 2019. He was instrumental in establishing the Services business as a stand-alone division and extending the international reach of our company, for what the Board of Directors and the Executive Board thank him.

Marcel Pawlicek, CEO of Burckhardt Compression Group: “Rainer Dübi has held various management roles during his more than 15 years with Burckhardt Compression. The Services Division will benefit from his broad industry knowledge.”