on Basler AG (ETR:BSL)
Horst W. Garbrecht Resigns from Basler AG Supervisory Board
Ahrensburg, March 30, 2026 – Basler AG announces that Horst W. Garbrecht, the deputy chairman of the supervisory board, will resign from his position effective June 1, 2026. Mr. Garbrecht's departure comes after more than a decade of service. His resignation prompts the need to elect a new member from the shareholder representatives.
Norbert Basler Holding GmbH, possessing over 25% of Basler's voting rights, proposes Dr. Dietmar Ley as a successor. This proposal aligns with the German Corporate Governance Code and the supervisory board's composition goals. The endorsement from the majority shareholder will lead to a resolution proposal at the upcoming general meeting.
Chairman Norbert Basler extends gratitude to Mr. Garbrecht for his considerable contributions and cooperation.
R. H.
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