Senvion: Executive transition

Senvion: Executive transition

Luxembourg: Senvion S.A. ("Senvion") announces that Manav Sharma today informed the Board about his decision to resign from his office as Chief Financial Officer (CFO). The Supervisory Board of Senvion S.A. has appointed Hans-Jürgen Wiecha as successor to Manav Sharma as Chief Financial Officer. He will join the company from 1 February 2019. After leading the company as Interim-CEO, Manav Sharma has decided that he does not want to return to his CFO role and wants to explore new professional challenges outside Senvion. The Supervisory Board offers its thanks to Manav Sharma for almost eight years of excellent work and commitment to the success of the company.

Hans-Jürgen Wiecha has more than 25 years of experience in various commercial management positions and a proven track record as a CFO. Most recently, he has been Chief Financial Officer of Xella International S.A. Prior to this role, Mr. Wiecha served as CFO of Schmolz + Bickenbach AG and at Gerresheimer AG. Mr. Wiecha has a business management degree from the University of Siegen.

Steven Holliday, Chairman of Senvion's Supervisory Board, said: "We are very pleased to announce that we have recruited Hans-Jürgen Wiecha as new Chief Financial Officer of Senvion. We would like to thank Manav for his excellent work for Senvion as both CFO and Interim-CEO. We wish him all the best for the next chapter of his career."

About Senvion:
Senvion is a leading global manufacturer of onshore and offshore wind turbines. The company develops, produces and markets wind turbines for almost any location - with rated outputs of 2 MW to 6.33 MW and rotor diameters of 82 metres to 152 metres. Furthermore, the company offers its customers project specific solutions in the areas of turnkey, service and maintenance, transport and installation, as well as foundation planning and construction. The Senvion systems are mainly designed in the major TechCenters in Osterrönfeld and Bangalore and manufactured at its German and Portuguese plants in Bremerhaven, Vagos and Oliveira de Frades as well as in Żory-Warszowice, Poland and Baramati, India. With approximately 4,000 employees worldwide, the company makes use of the experience gained from the manufacture and installation of more than 7,900 wind turbines around the world. The company's operational subsidiary Senvion GmbH is based in Hamburg and represented by distribution partners, subsidiaries and participations in European markets such as France, Belgium, the Netherlands, the UK, Italy, Romania, Portugal, Sweden, and Poland as well as on a global level in the USA, China, Australia, Japan, India, Chile and Canada. Senvion S.A. is listed on the Prime Standard of the Frankfurt Stock Exchange.