Changes in the shareholder structure of Erste Group Bank AG

Thursday, 21 October, 2021

ERSTE Stiftung as leader of the syndicate that owns shares in Erste Group Bank AG was informed by CaixaBank about its the general intention to sell its 9,9% stake in Erste Group. The transaction will be subject to market conditions at the time of the transaction, as discretionally decided by CaixaBank.

However, the syndicate consisting of ERSTE Stiftung, Wiener Städtische Wechsel-seitiger Versicherungsverein, Sparkassengruppe and Erste Mitarbeiterbeteiligung Privatstiftung will remain the stable leading shareholder of Erste Group with a stake of more than 20%.

For further inquiries please contact:
ERSTE Foundation, Communications: Maribel Königer
Tel. +43 664 838 53 41, E-mail: maribel.koeniger@erstestiftung.org

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Florian Bauer

Director Social Finance, Sustainability and Innovation
Since 2023, Florian Bauer has been responsible for social finance, sustainability and social innovation at ERSTE Foundation. Prior to this role, Florian worked in the NGO & Social Entrepreneurship sector for more than 13 years. He led the Renewable Energy and Energy Efficiency Partnership (REEEP), an international multilateral NGO that works to accelerate market-based deployment of renewable energy and energy efficient systems in developing countries, and was Managing Director & COO of the Impact Hub Vienna. From 2020-2023, Florian established strategic alliances with key partners and helped to create innovative semantic technology solutions at Semantic Web Company (SWC), a leading IT company in semantic AI solutions.