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April 8, 2020Press Releases/Corporate News

Pacifico Renewables Yield AG attracts distinguished supervisory board member

Gruenwald, 08. 04. 2020 – Pacifico Renewables Yield AG (ISIN: DE000A2YN371, Ticker: PRY) is pleased to announce that the company has attracted Verena Mohaupt as a distinguished new member of the supervisory board. She completes the supervisory board around its chairman David Neuhoff and his vice-chairwoman Dr. Bettina Mittermeier.

“With Verena Mohaupt joining our supervisory board, we will benefit from her outstanding expertise in finance, her entrepreneurial skills, and her supervisory board experience. She is an excellent addition, both professionally and personally. Her career speaks for itself, and I can speak for the supervisory board and the executive board when I say that we are all looking forward to working with Verena,” says David Neuhoff, chairman of the supervisory board.

Verena Mohaupt has extensive experience in finance and private equity. She started her career in investment banking at Goldman Sachs International in London, followed by positions at McKinsey & Co. and Allianz Capital Partners. In addition, she was one of the founders of ciao.com AG, a European online shopping portal. Ms. Mohaupt is currently a partner of Findos Investor GmbH, a medium-sized private equity fund based in Munich, and a member of the supervisory board of Home24. Verena Mohaupt was born in Essen in 1968. She holds a degree in Business Administration from Westfaelische Wilhelms University in Münster (Diplom-Kauffrau) and a Master’s in Business Administration (MBA) from INSEAD in Fontainebleau, France.

Ulf Oesterlin, who voluntarily resigned from the supervisory board, is already looking towards future mutual challenges “As the founder of Pacifico Energy Partners GmbH, the strategic partner of Pacifico Renewables Yield AG, it was a matter close to my heart to accompany this young company on its first steps. Even more, I am looking forward to the future cooperation in my role as a managing director of the strategic partner; we have ambitious joint targets!”

About Pacifico Renewables Yield AG

Pacifico Renewables Yield AG is an Independent Power Producer listed on the open market (Freiverkehr) of the Dusseldorf Stock Exchange (ISIN: DE000A2YN371). The company pursues the goal of building a portfolio of plants that generate electricity from renewable energy sources. With onshore wind and photovoltaic plants across Europe the company offers a clear and diversified profile with stable and predictable returns.

Disclaimer

This document may contain certain forward-looking statements, estimates, opinions and forecasts concerning the future business situation, profitability, and results of Pacifico Renewables Yield AG (“forward-looking statements”). Forward-looking statements can be identified by words such as “believe”, “estimate”, “anticipate”, “expect”, “intend”, “will”, or “should”, as well as their negation and similar variations or comparable terminology. Forward-looking statements include all matters that are not historical facts. Forward-looking statements are based on the current opinions, forecasts and assumptions made by the Management Board of Pacifico Renewables Yield AG and involve substantial known and unknown risks and uncertainties, and therefore actual results, performance, and events may differ substantially from those expressed or implied by forward-looking statements. Forward-looking statements contained herein should not be construed as guarantees of future performance or results and are not necessarily reliable indicators of whether or not such results will be achieved. The forward-looking statements contained in this release are only valid on the date of this publication. We will not update the information, forward-looking statements or conclusions contained in this release to reflect subsequent events or circumstances, or correct inaccuracies that arise after the date of this release as a result of new information, future developments or otherwise, and do not assume any obligation to do so. We do not assume any responsibility in any way for the forward-looking statements or assumptions contained herein.

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