EQS-Adhoc: VZ Holding AG: Handover of VZ Group's CFO function

EQS Group-Ad-hoc: VZ Holding AG / Key word(s): Change of Personnel VZ Holding AG: Handover of VZ Group's CFO function

07-Jul-2017 / 07:00 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 KR

Press release

_Source: VZ Holding AG / SIX: VZN / ISIN: CH0028200837_

*Handover of VZ Group's CFO function*

*Zurich, 7 July 2017 - *Philipp Marti has decided to leave VZ Group for personal reasons. He will resign as member of the Group Executive Board and as CFO on 1 October 2017. Rafael Pfaffen, who has been VZ Depository Bank's CFO for 10 years, has been appointed as his successor by the Board of Directors. To ensure a smooth handover, Philipp Marti will support his successor until the end of March 2018. The members of the Board of Directors regret Philipp Marti's decision and thank him for his commitment over the past years. At the same time, they look forward to continue working with Rafael Pfaffen.

*Contacts* Adriano Pavone Head Media Communications Phone +41 44 207 25 22 adriano.pavone@vzch.com [1] www.vzch.com/medien

Petra Märk Head Investor Relations Phone +41 44 207 26 24 E-mail: ir@vzch.com www.vzch.com/investor-relations

*VZ Group* VZ Group is an independent Swiss financial service company listed on the SIX Swiss Exchange. Pension and estate planning as well as asset management for individuals and insurance and pension fund management for companies are VZ Group's core services. VZ Holding is headquartered in Zurich, and VZ has 30 branch offices throughout Switzerland and Germany. At the end of 2016, the group counted 900 employees.

*Forward-looking statements* This press release contains forward-looking statements that involve known and unknown risks, uncertainties or other factors that may cause the actual results to be materially different from any future results, performance, or achievements expressed or implied by such statements. Against the background of these uncertainties, readers should not rely on such forward-looking statements. The company assumes no responsibility to up-date forward-looking statements or to adapt them to future events or developments.

Additional features:

Document: http://n.eqs.com/c/fncls.ssp?u=KXYJYWRXYM [2] Document title: Handover of VZ Group's CFO function End of ad hoc announcement Language: English Company: VZ Holding AG Beethovenstrasse 24 8002 Zurich Switzerland Phone: +41 44 207 27 27 Fax: +41 44 207 27 28 E-mail: ir@vzch.com Internet: www.vzch.com ISIN: CH0028200837 Listed: SIX Swiss Exchange

End of Announcement EQS Group News Service

590247 07-Jul-2017 CET/CEST

1: mailto:nicola.waldmeier@vzch.com 2: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=61e6c403637c617ba3929219ec5e08b5&application_id=590247&site_id=vwd&application_name=news (END) Dow Jones Newswires

   July 07, 2017 01:00 ET (05:00 GMT)- - 01 00 AM EDT 07-07-17