4 Executive Committee

4.1 Members of the Executive Committee

The members of the Executive Committee report directly to the CEO. The CEO reports to the Board of Directors. On December 31, 2025, the Executive Committee was comprised of the following persons:

Domenico Iacovelli

Information technologist FA, specialized in application development, business economist NDS HF, born in 1976, a Swiss national. Domenico Iacovelli has extensive management and leadership experience with over 20 years in the sheet metal industry, including 14 years as a CEO. Before joining Bystronic as CEO in 2024, he had served as CEO of the Schuler Group (an ANDRITZ Group company), the worldʼs largest press manufacturer, since 2018. In April 2022, he was entrusted with additional duties and became a member of the ANDRITZ Executive Board. In this role, he was responsible for the Metals business area as well as the Group IT and Automation & Digitalization functions. From 2011 to 2017, he was CEO of Soutec, a company specializing in high-end laser welding applications. Since 2020, he has been the Chairman of the Board of Directors of Rey Technology Holding AG, Sirnach, and since 2025 he has been a member of the Board of Directors of Bobst Group SA, Mex.

Dr. Javier Perez

Industrial engineer (University of Siegen, Germany) and PhD in innovation management (University of St. Gallen, Switzerland), born in 1975, a Swiss and Spanish national, joined Bystronic as Chief Financial Officer in December 2025. Prior to joining Bystronic, he worked as CFO and interim CEO for the Gurit Group, and from 2018 to 2024 as CFO at the Mikron Group. Previously, he held various management positions as CFO and Head of Corporate Controlling at international companies.

Alberto Martinez

Computer engineer (University of Deusto), MBA (IESE Business School), born in 1971, a Spanish national, Alberto Martinez has headed the Systems division since October 2024. Previously, he had led Bystronicʼs Competence Center Software Services since September 2018 and the Solutions Center since August 2020. From August 2020 until December 2021, he also headed the global IT department. Prior to joining Bystronic, he worked as a software engineer for Lantek, was named Chief Technical Officer (CTO) in 1999 and CEO from 2004 to 2018. He has a profound knowledge of the sheet metal processing industry and more than 25 years of experience in the field of software.

Wilfried de Backer

Mechanical engineer (Eindhoven Technical University), MBA (Purdue University), born in 1969, a Dutch national, has headed the Service division since October 2025. Prior to joining Bystronic, he worked at Rieter AG from 2016 to 2025, most recently as Senior Vice President After Sales Operations. He began his professional career in 1998 at ABB Power Service (later acquired by Alstom and General Electric). There he held various management positions, including Head of Repair Services in the United Arab Emirates and Director of Manufacturing Operations in the United States. From 2011 to 2016, he was General Manager Spare Parts Delivery at General Electric Service in Switzerland. He has more than 25 years of international management experience in after sales, supply chain management, and transformation.

4.2. Rules contained in the Articles of Association regarding the number of permitted roles

According to Art. 28 of the Articles of Association of the company, no member of the Executive Committee may accept more than four mandates, of which no more than two may be in companies listed on the stock exchange. Any such mandate must be approved by the Board of Directors.

These restrictions do not apply to:

• Mandates in companies controlled by the company or that control the company.
• Mandates taken up by a member of the Executive Committee at the request of the company: no member of the Executive Committee may take up more than ten such mandates.
• Mandates in associations, charitable foundations, and pension foundations: no member of the Executive Committee may take up more than ten such mandates.

Mandates include appointments in the highest management body, on executive management, or the advisory board of another company with economic purpose. Mandates in different legal entities under joint control or with the same economic beneficiary are regarded as a single mandate.

4.3 Management contracts

Bystronic AG has not concluded any management contracts with companies or individuals from outside the Group.