STRABAG SE is led by Stefan Kratochwill

Appointment of a new CEO

STRABAG, the listed European construction group, has a new CEO: Stefan Kratochwill was appointed to this position today by the Supervisory Board with immediate effect. Kratochwill studied industrial engineering and mechanical engineering at the Vienna University of Technology (TU Wien). In 2003, he joined the STRABAG Group as an intern. His first assignments took him to South-Eastern Europe, where he established the organisational structures of the Group’s construction machinery subsidiary in Romania, Bulgaria, Serbia and Montenegro. He subsequently headed up the Group’s European operations in the field of tracked construction machinery until 2017, when he was appointed Central Division Head and Managing Director of the construction machinery subsidiary STRABAG BMTI GmbH, with responsibility for
3,000 employees worldwide.

Response from the Supervisory Board

Kerstin Gelbmann, Chair of the Supervisory Board of STRABAG SE: “Stefan Kratochwill not only has a long-standing career with the Group, but has also played a key role in shaping the company’s new strategy through his multifaceted role as head of BMTI. By driving the transition from construction machinery and vehicles to new technologies, he is utilising one of the most important tools for achieving climate neutrality. At the same time, he is promoting the further standardisation and digitalisation of construction processes, something that is urgently needed given the shortage of skilled workers in the sector. Stefan Kratochwill, together with his colleagues on the Executive Board and the Supervisory Board, will seamlessly and successfully continue to implement STRABAG’s Strategy 2030.”

STRABAG SEis a Europe-based technology group specialising in construction services, a leader in innovation and financial strength. Our activities span all areas of the construction industry and cover the entire construction value chain. We create added value for our clients through an end-to-end approach to construction throughout the entire life cycle – from planning and design through to construction, operation and facilities management, right through to redevelopment or demolition. In all our work, we take our responsibility towards people and the environment seriously: we are shaping the future of construction and investing significantly in our portfolio of over 250 innovation and 400 sustainability projects. Thanks to the hard work and dedication of our approximately 86,000 employees, we generate an annual output of around €19 billion.

Our extensive network of subsidiaries across various European countries and on other continents extends our sphere of activity far beyond the borders of Austria and Germany. In collaboration with strong partners, we pursue a clear goal: to design, build and operate construction projects in a way that protects the climate and conserves resources. Further information is available atwww.strabag.com.