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[BUSINESS] · Croatia · 2 sources

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Rimac Group appoints Matthias Wich as new CFO

Rimac Group has appointed Matthias Wich as its new Chief Financial Officer (CFO). Wich succeeds Peter Bednarik, who is leaving the company following a successful term.

Wich has been a member of the Rimac Group leadership team for over five years, previously serving as the Chief Strategy & Investments Officer. He brings over 16 years of experience in finance and corporate strategy, including 12 years in investment banking at Goldman Sachs and Rothschild. During his tenure at Rimac Group, he has been involved in key strategic initiatives, including financing activities, value creation strategies, and negotiations regarding Porsche's stakes in Bugatti Rimac and Rimac Group.

The appointment comes during a period of intensive growth for the Group, which is the majority owner of Bugatti Rimac and the sole owner of Rimac Technology and Rimac Energy. Wich will be responsible for leading the Group's financial strategy and supporting the growth of its portfolio companies, which are currently developing projects ranging from the Bugatti Tourbillon and Rimac Nevera hypercars to battery systems, e-axles, and stationary energy storage systems.

Entities

Bugatti Rimac · Matthias Wich · Rimac Energy · Rimac Group · Rimac Technology