Vantage Towers AgHAM: VTWR

Nicolas Mahler joins Vantage Towers as CFO

· Issued by Vantage Towers Ag

Press Release

Nicolas Mahler joins Vantage Towers as CFO

Düsseldorf, August 6, 2024 - Nicolas Mahler will assume the role of Chief Financial Officer ("CFO") of Vantage Towers AG ("Vantage Towers") from February 1, 2025. Mahler succeeds former Board member and CFO Thomas Reisten, who decided not to seek a further term of office at his own request and left the company at the end of June. Mahler will be responsible for the management of the Finance division across the Group and will report to the Chief Executive Officer ("CEO") Christian Hillabrant.

Christian Hillabrant, CEO of Vantage Towers: "On behalf of the entire leadership team, I would like to thank Thomas Reisten for his great commitment and the excellent and trusting cooperation. He has played a crucial role in the creation and the positive development of Vantage Towers since its inception. I am also delighted that we have been able to recruit Nicolas Mahler, a very experienced manager and industry professional, for the position of CFO. He is the ideal choice to lead the Group's finance function under the new ownership."

Mahler started his career in Strategy Consulting at Booz Allen Hamilton. Since 2008, he has held various leadership roles at Deutsche Telekom Group - most recently he served as B2B CFO & Sales Management at Deutsche Telekom. From 2018 until 2022, he acted as CFO of Telekom Romania. In addition, he has held several supervisory board mandates.

About Vantage Towers

Vantage Towers is a leading tower company in Europe with more than 84,000 sites in ten countries, connecting people, businesses and devices in cities and rural areas. The company was founded in 2020 and is headquartered in Düsseldorf.

Vantage Towers' portfolio includes towers, masts, rooftop sites, distributed antenna systems (DAS) and small cells. By building, operating and leasing this infrastructure to MNOs or other network providers such as IoT companies or utilities, Vantage Towers is making a significant contribution to a better-connected Europe.

While already 100% of the grid electricity that Vantage Towers uses to operate its infrastructure is obtained from renewable energy sources, green energy generation is piloted directly on site with the help of solar panels and micro wind turbines, and also hydrogen solutions are under testing. This fits well into the overall strategy of the company to drive a sustainable digitalisation in Europe and to support partners through technological innovation in decarbonisation and achieving their climate goals.

For more information, please visit our website at https://www.vantagetowers.com/en, follow us on X at @VantageTowers or connect with us on LinkedIn at https://www.linkedin.com/company/vantagetowers.

Contact:

media@vantagetowers.com

Registered office: Vantage Towers AG, Prinzenallee 11-13,D-40549, Düsseldorf, Germany. Amtsgericht Düsseldorf, HRB 92244.