Just a few weeks after the appointment of Georg Stamatelopoulos as the new CEO of EnBW, the Supervisory Board today appointed Peter Heydecker, 57, as the new Board Member for the Sustainable Generation Infrastructure segment with effect from 1 May this year. Peter Heydecker was previously in charge of the International Energy Trading business unit at EnBW, which is part of the Generation segment. He will take over the segment directly from Georg Stamatelopoulos, who had been managing it in a dual role. Lutz Feldmann, Chairman of the Supervisory Board at EnBW, commented on the appointment: "We are pleased to have been able to find a suitable internal successor in a prompt manner. Peter Heydecker has been highly familiar with all aspects of generation for a number of years and has outstanding knowledge of the international energy markets, which are already essential to the success of the energy transition and how it is shaped. The EnBW Board of Management is once again complete within a short space of time and Georg Stamatelopoulos can now fully concentrate on his responsibilities as CEO." EnBW CEO Georg Stamatelopoulos added: "On behalf of the entire Board of Management, I would like to welcome our new colleague Peter Heydecker. Generation is very much at the heart of the energy transition. Above all else, however, it represents a key pillar of the EnBW Group. The marketability and profitability of our projects in the area of renewable energy and dispatchable power plant capacity are critical to the companys success. With his expertise and experience, Peter Heydecker is the ideal person to manage this market-oriented focus within the Generation segment." Peter Heydecker: "I would sincerely like to thank the Supervisory Board for the trust they have placed in me and I look forward to working even more closely with the Management Board in the future. The energy transition is entering a new phase. Market mechanisms are increasingly replacing subsidy mechanisms. EnBWs subsidy-free He Dreiht offshore wind farm is the clearest example of this. Under these new circumstances, I would like to contribute to EnBWs continued growth in the Generation segment." Born in Switzerland, Peter Heydecker obtained an engineering degree before embarking on his career at Atel in Olten, Switzerland, in the field of power plants and high-voltage grids. He then took on senior positions at Enron and Hess, both in London, before moving to the Swiss energy supplier EOS in Lausanne. This was followed by managing and senior positions at the Swiss companies Alpiq in Olten and Vitol in Geneva. Peter Heydecker joined EnBW in 2017 as Head of Energy Trading.

EnBW Appoints Peter Heydecker as Board Member for Sustainable Generation Infrastructure

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Georg is the Vorstandsvorsitzender at EnBW since March 2024. Prior to this role, he served as COO Generation and Trading and Vorstand Nachhaltige Erzeugungs-Infrastruktur after joining EnBW in July 2010 as Senior Vice President Generation. With over 26,000 employees, he actively contributes to driving the energy transition at EnBW, one of the largest energy companies in Germany and Europe. Before his tenure at EnBW, he was the Leiter Engineering at Alstom Power from September 2000 to June 2010, and at Austrian Energy and Environment from January 1998 to August 2000. Georg holds a Dr.-Ing. in Maschinenbau: Energie- und Verfahrenstechnik from Technische Universität Braunschweig (1993 - 1996) and a Dipl.-Ing. in Maschinenbau from National Technical University of Athens (1987 - 1992).

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EnBW Energie Baden-Württemberg AG operates as an integrated energy company in Germany, rest of Europe, and internationally. It operates through three segments: Smart Infrastructure for Customers, System-Critical Infrastructure, and Sustainable Generation Infrastructure. The company transmits and distributes grids for electricity and gas; offers grid-related services; and supplies water, as well as engages in the provision and expansion of quick charging infrastructure and digital solutions for electromobility; and broadband activities in the telecommunications sector.

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EnBW Appoints Peter Heydecker as Board Member for Sustainable Generation Infrastructure