Elections to the Board of Directors at the next Ordinary General Meeting

Swatch Group proposes to the next Ordinary General Meeting of Shareholders on 8 May 2024 the re-election of all the members of its Board of Directors and the election of Marc Hayek as a new member of the Board. Marc Hayek has been a member of the Management Board since 2005 and is CEO of Blancpain. Marc Hayek is also President of the Breguet, Blancpain, Glashütte Original and Jaquet Droz brands and a member of the Board of Directors of Belenos Clean Power. The Swatch Group Board of Directors unanimously supports this nomination. With Marc Hayek, the Swatch Group Board of Directors will have seven members.