BRIEF

on Oldenburgische Landesbank AG (isin : DE0008086000)

OLB Supervisory Board Extends Contract with Chief Risk Officer Chris Eggert

Oldenburgische Landesbank AG (OLB) has announced the early extension of Chief Risk Officer Chris Eggert's contract until mid-2028. Eggert, who joined the board in June 2022, has played a critical role in managing OLB's risk issues. His association with the institution dates back to 2008, including his tenure at Bremer Kreditbank, which later merged with OLB.

Alongside Eggert, other key executives such as CEO Stefan Barth, CFO Dr. Rainer Polster, CSO Aytac Aydin, and CIOs Marc Ampaw and Giacomo Petrobelli have also secured long-term contract extensions. CEO Barth emphasized the importance of managerial stability for the bank's success.

The Supervisory Board has expressed confidence in Eggert’s continued diligence and professionalism. Eggert remarked on his commitment to furthering the bank's development, underscoring his enthusiasm for the future challenges and opportunities with his colleagues and the loyal customer base.

R. E.

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