Press release
(Aü hoc annauncement pursuant to Art. 53 LR}
Change in the BKW Executive Committee
Philipp Hänggi hands over role as Executive Vice President - Energy Production to Margarita Aleksieva
Bern, 25 March 2026
After six years on the BKW Executive Committee, Philipp Hänggi has decided to scale back his involvement in the energy sector to strategic tasks and focus more on matters related to artificial intelligence. Margarita Aleksieva, who currently heads the Wind b Solar Business Unit, will take over his role as Executive Vice President - Energy Production and member of the BKW Executive Committee.
Dr Philipp Hanggi joined BKW in 2014. As Head of the Nuclear Business Unit, he was responsible for preparing for and implementing the decommissioning of the Muhleberg Nuclear Power Plant. Since 2020, he has been in charge of the Energy Production Business Area as a member of the Executive Committee. In this role, Hanggi made a significant contribution to the strategic expansion of BKW's energy production in Switzerland and Europe. Hanggi is also closely involved in the design and use of artificial intelligence within BKW.
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After six years on the BKW Executive Committee, Philipp Hanggi has decided to reduce his responsibilities within the Group, both in terms of time and scope, to strategic issues, concentrating specifically on nuclear energy and radioactive waste disposal.
The Board of Directors and the Executive Committee of BKW would like to thank Philipp Hanggi for his outstanding commitment to BKW so far. Robert Itschner, CEO of BKW: "With his vast experience and strategic focus, Philipp Hanggi has made a significant contribution to BKW's strong current position in energy production. I would like to extend my sincere gratitude for his efforts, and I very much look forward to continuing to work with Philipp."
Dr Philipp Hanggi says: "I am very grateful to have been able to drive advancements with exciting sustainability-related projects together with my team in recent years. Particular highlights have included the construction of the wind farm in Cerignola (southern Italy), the expansion of the hydroelectric power plants in Grimsel, the establishment of a business unit focused on large batteries and the dismantling of the Muhleberg Nuclear Power Plant. I am proud that my successor Margarita Aleksieva comes from the Energy Production management team."
Margarita Aleksieva joins the BKW Executive Committee
0n 1 April 2026, Margarita Aleksieva will take over responsibility for the Energy Production Business Area on the BKW Executive Committee. Aleksieva headed the Wind & Solar Business Unit at BKW for six years. In this role, she drove the expansion of BKW's European wind power generation and played a significant part in shaping the strategic and cultural transformation of the unit. Aleksieva is also a member of the Board of Directors of Kraftwerke Oberhasli AG and Chair of the Board of Directors of BelpmoosSolar AG. She is a member of the Board of Directors of the Swiss Investment Fund for Emerging Markets (SIFEM), the Swiss government's development financing agency.
Before joining BKW, Aleksieva held various management positions at international energy companies, including Swiss electricity company Alpiq. She was also a member of the management team of the global private infrastructure equity fund of the IST Investment Foundation. She holds an MBA from Purdue University (USA) and degrees in business administration and political science. Aleksieva, 43, has Swiss and Bulgarian citizenship and lives with her family in the cannon of Aargau.
BKW
Robert Itschner, CE0 of BKW, says: "I am delighted that Margarita, an established energy expert, will be joining us on the BKW Executive Committee. With her strategic approach, broad knowledge of the energy sector and international experience, she will play a key role in successfully achieving our ambitious growth targets as we expand and develop our entire power generation portfolio, including renewable energies and flexible generation."
Margarita Aleksieva says: "Renewable energy production is a key priority for me. That's why I'm looking forward to playing an active role in shaping the energy transition on the BKW Executive Committee. I am firmly convinced that together we will make optimal use of our combined expertise in the energy sector and create sustainable value. I would like to thank Robert and the Board of Directors for their trust - and I am delighted to accept this responsibility."
This document contains (orward-looking statements, which are based on current assumptions and estimates. These statements are subject to risks and uncertainties that may cause artua/ results to di((er materially (rorn the expectations and (orward-looking statements expressed in this document. Although BKW believes tñat the (orward-looking statements are based on reasonable assumptions, it cannot guarantee that the expected results will be achieved. BKW is under no obligation to update any (orecasts, whether as a result a( new in(orrnation, {uture events or otherwise.
This press release is issued in German, French, English and Italian. The German text is the authoritative version.
BKW
The BKW Group is a Bern-based international energy and infrastructure company, employing over 12,300 people. Its company network and innovative technologies enable it to offer customers a full range of skills in the areas of infrastructure, buildings and energy. The Group plans, builds and operates infrastructure to produce and supply energy to businesses, households and the public sector, and offers digital business models for renewable energies. Today, the BKW Group portfolio includes everything from engineering consultancy and planning for energy, infrastructure and environmental projects to integrated services in the field of building technology as well as the construction, servicing and maintenance of energy, telecommunications, transport and water utility networks. With trailblazing solutions, companies under the BKW Group umbrella create spaces for life.
The registered shares of BKW AG are listed on the SIX Swiss Exchange.