Carsten Maschmeyer has taken the decision to step down from the Board of Directors of Swiss Life Holding Ltd with immediate effect and, at the same time, to reduce his equity stake in Swiss Life Holding Ltd from 5.05% to under 3%.
 
Carsten Maschmeyer, who was elected to the Board of Directors of Swiss Life Holding Ltd in 2009, gave the following reasons for his decision, “I am hoping that this will finally put an end to the unjustified attacks on my person and on AWD. I am also confident that, by taking this step, I will help to objectify public debate and bring clarity and focus back to the strengths of AWD.”

Rolf Dörig, Chairman of the Board of Directors of Swiss Life Holding Ltd, said, “The Board of Directors respectfully acknowledges Carsten Maschmeyer's decision. We would like to thank him for the valuable contribution he has made, as a successful entrepreneur, strategic thinker and renowned expert, on the Board of Directors of Swiss Life.”
 

Reduction in shareholding

On the subject of the reduction in his shareholding in Swiss Life Holding Ltd from 5.05% to under 3%, Carsten Maschmeyer comments, “AWD’s Best Select model and the outlook for the Swiss Life Group are both excellent. By resigning and selling my shares, I am proving the false allegations that I might exercise influence on AWD’s operations to be completely unfounded.”