Ulrike Brouzi Elected Chairwoman of Salzgitter AG Supervisory Board

The Supervisory Board of Salzgitter AG elected Ulrike Brouzi as its new Chairwoman during its ordinary meeting on March 19, 2026, with her term beginning immediately. Brouzi, who is 60 years old, has served as a member of the Salzgitter AG Supervisory Board since May 23, 2013, providing her with over a decade of direct involvement with the company's governance and strategic oversight. Her professional background includes a graduate degree in Business Mathematics and a senior role as the member of the Board of Managing Directors responsible for finance and compliance at DZ BANK AG in Frankfurt, which underscores her extensive expertise in financial management and regulatory adherence.

Gerald Heere, the Finance Minister of Lower Saxony and a member of Salzgitter AG's Supervisory Board representing the State of Lower Saxony as the main shareholder, expressed strong support for Brouzi's appointment. He highlighted her proven track record as a financial expert and her long-standing commitment to the Salzgitter Group through her supervisory role. According to Heere, Brouzi has been instrumental in shaping and designing the company's strategic course in recent years, demonstrating a deep familiarity with its processes, structures, and overall direction. This familiarity positions her as an excellent choice to lead the Supervisory Board, ensuring continuity and informed leadership during a period of potential transition and strategic development for the steel manufacturer.

The appointment follows the departure of Heinz-Gerhard Wente, after which Prof. Dr. Hans-Jurgen Urban served as the interim Deputy Chairman of the Supervisory Board. Heere extended gratitude on behalf of both the Supervisory Board and the Executive Board of Salzgitter AG for Urban's significant commitment during this transitional phase. The election of Brouzi is seen as a stabilizing move, leveraging her institutional knowledge and experience to steer the company's governance effectively. As Chairwoman, she will oversee the board's responsibilities in monitoring the executive management and advising on key corporate decisions, which is crucial for Salzgitter AG's operations in the competitive steel industry. Her leadership is expected to reinforce the company's strategic initiatives and compliance frameworks, aligning with its long-term goals and shareholder interests, particularly those of the State of Lower Saxony. This change in leadership underscores the importance of experienced governance in navigating industry challenges and driving sustainable growth for Salzgitter AG.