General Counsel Mayfeld to leave innogy with effect from 30 June 2020

General Counsel of innogy SE, Dr Claudia Mayfeld, will be leaving innogy SE at her own wish. At the request of the Executive Board and the Supervisory Board of innogy SE, Dr Mayfeld will remain with the company until 30 June 2020 in order to work with her team on providing legal support for the structural measures being taken within the framework of the planned RWE/E.ON transaction.

Mayfeld is General Counsel and Head of Legal & Compliance at innogy SE. Before this, she fulfilled the same function at RWE AG from 2013 onwards, thus playing an essential role in shaping the IPO of innogy SE. She is also responsible for all legal aspects concerning the planned E.ON/RWE transaction. A qualified lawyer, who has been with RWE AG/innogy SE for 28 years, Mayfeld is a member of the Supervisory Board of Süwag Energie AG and a member of the Executive Board of the Pensionsfonds e.V. pension fund. Not least due to her outstanding legal expertise and excellent change management skills, Mayfeld was able to transform her Group-wide Legal & Compliance department at innogy SE in a performance, customer and stakeholder-focused manner.

In addition, she has many years of operational experience in the Renewables division, where she was responsible for providing legal support during the construction of offshore and onshore wind farms in Germany and abroad. For eight years, she also headed up the Corporate Law, M&A and Stock Market Trading departments as well as being deputy head of the entire legal department of RWE Supply & Trading GmbH, which bundles the energy trading business of RWE AG. In this role, she led many international arbitration proceedings, closed a large number of international gas supply contracts and set up a programme to standardise all international trading agreements. Mayfeld was and continues to be responsible for the legal aspects of a large number of M&A transactions.

Uwe Tigges, CEO of innogy SE: “We deeply regret that Claudia Mayfeld is leaving our company after so many years. At the same time, we welcome the fact that, together with her team she will continue to be by our side until 2020. Claudia Mayfeld has proven her outstanding worth to our company over a period of many years, especially in particularly difficult times such as the takeover situation, the closing of the general agreements with RWE and E.ON as well as the preparation of the integration measures. I would like to emphasise in particular in this regard the successful IPO of innogy SE in 2016, which Claudia was a key driver of in her double role as General Counsel of RWE AG and innogy SE. We are losing not only an excellent General Counsel with a deep business knowledge of the Group, but also a person who has been a constant role model, both at a personal and professional level. Personally and on behalf of the Executive Board, I would like to express my heartfelt thanks to Claudia for her valuable contribution throughout all these years.“

Dr Erhard Schipporeit, Chairman of the Supervisory Board of innogy SE, added: “Dr Mayfeld has been a consistently knowledgeable and highly competent advisor to the Supervisory Board too, in particular with regard to matters of corporate and capital market law as well as corporate governance. In addition to her legal expertise, the Supervisory Board has always been able to depend on her excellent understanding of business and her high level of personal integrity. Also in difficult situations, she has supported us with great discretion. On behalf of the Supervisory Board, I would like to sincerely thank Dr Mayfeld for her outstanding work and our trustful collaboration.“

Legal disclaimer

This document contains forward-looking statements. These statements are based on the current views, expectations, assumptions and information of the management, and are based on information currently available to the management. Forward-looking statements shall not be construed as a promise for the materialisation of future results and developments and involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from those described in such statements due to, among other things, changes in the general economic and competitive environment, risks associated with capital markets, currency exchange rate fluctuations, changes in international and national laws and regulations, in particular with respect to tax laws and regulations, affecting the Company, and other factors. Neither the Company nor any of its affiliates assumes any obligations to update any forward-looking statements.

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