Felix Frei Resigns As Chairman Of The Board Of Lenzerheide Bergbahnen

Felix Frei has decided to step down as Chairman of the Board of Directors of Lenzerheide Bergbahnen AG (LBB) at the upcoming Annual General Meeting on 26 September 2025.

The reason for his resignation is a disagreement between the major shareholders (the municipality of Vaz/Obervaz and the Vaz/Obervaz Citizens' Community) and the current Chairman of the Board of Directors regarding the strategic direction of LBB AG. Felix Frei stated: "The differences of opinion have become too great, which is why I have decided to resign from my position."

Maurin Malär and Luana Bergamin: "We would like to thank Felix Frei very much for his hard work and his great and successful commitment to LBB. We wish him all the best and continued success. Our goal is to fill the position of Chairman of the Board with a new person as quickly as possible." The orderly process for succession planning has been initiated.