Change at the top of the Sefar Group – Christoph Tobler hands over responsibility as CEO to Renato Luck

Christoph Tobler (left) and Renato Luck (right)

Thal, May 6, 2022

After more than 17 successful years as CEO of the Sefar Group, Christoph Tobler is taking
his well-deserved retirement this summer. He will remain a member of the Board of Directors.

Under his leadership, Sefar further strengthened its international focus by establishing new sales offices and production plants around the globe.
An important strategic milestone was reached in 2009 with the acquisition of Monosuisse, the world's leading manufacturer of specialty yarns and monofilaments for technical applications. This gave Sefar an important
competitive advantage and strengthened its position as the global market leader for technical precision fabrics with innovative products. Also thanks to its broad positioning in the markets, Sefar is well prepared for the current and future challenges.

In addition to his operational activities at Sefar, Christoph Tobler was active in the Board of Directors of Sika, in the
regional advisory board to the Swiss National Bank and in the association “economiesuisse”.

Already at the end of 2021, the Board of Directors had found an experienced successor in Renato Luck. During his introductory phase, the 52-year-old Swiss was able to familiarize himself with the multi-layered "Sefar world" and officially assumed responsibility as CEO of
the Sefar Group on the occasion of the Annual General Assembly on May 6.

After various management positions for the international Swiss technology companies
Oerlikon and Ems-Chemie, Renato Luck was most recently CEO of the Grenzebach Group, a global company in the field of plant engineering and automation technology, headquartered in Germany. He holds a Bachelor of Science in Mechanical Engineering and
an Executive Master in Business Engineering.
Renato Luck has an excellent track record in leading family-owned and international companies, thus fitting perfectly into Sefar's corporate culture. He also brings extensive experience in the areas of Customer Relationship Management, Business Development,
Product Innovation, and Operational Excellence.

Sefar is a privately held company with 2,900 employees in 28 countries, 780 of them in Switzerland. Last year was a record year for Sefar in all respects. Broad-based sales growth of 17% to CHF 378 million was accompanied by an over-proportionate increase of the operating profit. The 192-year-old Sefar Group is owned by the founding families, is solidly financed, and does not publish detailed financial figures.