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Group Executive Board The Group Executive Board (GEB) has executive management responsibility for the Group and its business.

Under the leadership of Group Chief Executive Officer (Group CEO), the GEB has executive management responsibility for the Group and its business. It assumes overall responsibility for the development of the Group and business division strategies and the implementation of approved strategies.

All GEB members (with the exception of the Group CEO) are proposed by the Group CEO. The appointments are made by the Board of Directors.

The authorities of the GEB are defined in the Organization Regulations.