DGAP-News: Nomination of Lutz Weiler (Frankfurt/Main) for the Administrative Board of RIB Software SE

15-January-2020

Nomination of Lutz Weiler (Frankfurt/Main) for the Administrative Board of RIB Software SE

Stuttgart, Germany, 15 January 2020. RIB Software SE, the world's leading provider of iTWO 4.0 Cloud Enterprise Platform Technology, today announced the upcoming changes in the composition of the company's Administrative Board.

Sandy Möser resigns from the Administrative Board of RIB at her own request. The Administrative Board of RIB will vote in favour of Lutz Weiler, Germany CEO of Pareto Securities AG, as successor to Ms Möser as an independent, non-executive member of the Board. This is, however, subject to the decision of the responsible registration court.

Lutz Weiler has more than 30 years of experience in the German and European financial sector and was the founder and CEO of Equinet Bank AG for more than 20 years. In 2011, Equinet Bank AG was involved in the IPO of RIB. Prior to that, Mr Weiler spent 12 years in a leading position in investment banking at Dresdner Kleinwort Benson (DKB). Lutz Weiler received his degree in business administration (Dipl.-Kfm. -German equivalent of a master's degree) from the University of Mannheim in 1986 and gained extensive knowledge during his career, including in the areas of investment banking, investor relations and trading systems. All 5 non-executive members of the Board of RIB are therefore independent.

Tom Wolf, Chairman and CEO of RIB Software SE: "On behalf of all members of the Administrative Board, I would like to thank Sandy Möser expressly for the successful and constructive cooperation in the supervisory bodies of RIB over the past years. With her commitment, Ms Möser sustainably contributed to the development of the Group. Following Professor Dr. Grube (former CEO of Deutsche Bahn), we have now been able to win Lutz Weiler, a proven expert in the financial sector, as a member of our Administrative Board. He will support us with his exceptional expertise, particularly in capital market transactions, in order to meet the highest standards and to exploit the growth potential of the company. With the change in the Administrative Board, we are taking into account the successful development of the company and a further strengthening of corporate governance."

About RIB Group

RIB Software SE is an innovator in building and construction industry. The company creates, develops and offers cutting-edge digital technologies for construction enterprises and projects across various industries worldwide. iTWO 4.0, RIB's flagship cloud-based platform, provides the world's first enterprise cloud technology based on 5D BIM with AI integration for construction companies, industrial companies, developers and project owners, etc. With over 50 years of experiences in construction industry, RIB Software SE focuses on IT and engineering and becomes the pioneer in construction innovation, exploring and bringing in new thinking, new working methods and new technologies to enhance construction productivity. RIB is headquartered in Stuttgart, Germany and Hong Kong, China, and listed on the prime standard Frankfurt Stock Exchange since 2011. With over 1,500 talents in more than 30 locations worldwide, RIB is targeting to transform the construction industry into the most advanced and digitalized industry in the 21st century.