Following completion of the capital increases, the partial renewal of the Board of Directors of MCH Group Ltd., which was approved by the General Meeting on 27 November 2020, took effect on 21 December 2020: James Murdoch, Jeffrey Palker and Eleni Lionaki have taken up their mandates as successors to Karin Lenzlinger Diedenhofen, André Odermatt and Tanja Soland respectively. On January 16, 2021, the Board of Directors announced further intended personnel renewals: The Board of Directors will propose Andrea Zappia and Marco Gadola for election as new members of the Board of Directors at the General Meeting on 28 April 2021. Andrea Zappia will also be proposed for election as Chairman and successor to Ulrich Vischer, who will step down at the Annual General Meeting as announced. The Board of Directors intends to appoint Marco Gadola as Vice-Chairman following his election. Andrea Zappia is the Executive Vice President and Chief Executive Officer New Markets and Business of Sky Group and his responsibilities also include SkyStudios and SkyNews/SKyTG24. He started his career in the multinational company Procter&Gamble, where he worked as European Group Marketing Manager. 1996 to 2001, he was Global Sales and Marketing Director for Ferrari and Maserati. In 2003, he joined Sky Italia, where he held various executive positions before becoming CEO from 2011 to 2019. Andrea Zappia is 57 years old, he was born in Tripoli and grew up in Bologna, where he graduated in Economics. Marco Gadola, born in 1963, was previously a member of the Board of Directors of MCH Group and Chairman of the Audit Committee from 2016 to 2019. From 2013 to 2019 he was CEO of the Straumann Group and is currently Chairman of the Board of DKSH Group and a member of the Board of Directors of various Basel-based companies such as Straumann, Medartis and Tally Weijl, as well as other companies. The Board of Directors and Bernd Stadlwieser have mutually agreed to terminate the employment relationship.