PRESS-RELEASE

Oldenburg, 31 March 2026

OLB: Marc Ampaw takes over Board responsibilities from Giacomo Petrobelli

• Giacomo Petrobelli to leave the Management Board as of 30 June 2026
• CIO Marc Ampaw's scope of responsibility to be expanded

OLB is making further changes to its Management Team and shaping the Bank's leadership for the future. Marc Ampaw, who has been a member of the Executive Board as Chief Investment Officer (CIO) since May 2021, will expand his scope of responsibility. In addition to the market sectors of Commercial Real Estate & International Diversified Lending, Renewables Wind and Shipping, he will in future also head the product segments of Acquisition Finance, Corporates, Football Finance, Financing Solutions, Fund Finance and International Business within the Corporates & Diversified Lending segment. Those units have been the responsibility of Giacomo Petrobelli, who will leave OLB at his own request as of 30 June 2026.

Giacomo Petrobelli has been CIO on the OLB Management Board since June 2022. Prior to that, he served as the Bank's General Manager. Giacomo Petrobelli joined OLB in January 2020, having previously served as a senior advisor to Bremer Kreditbank, which merged with OLB. “It has been a privilege to serve as CIO and board member of OLB during a period of successful development. The time has come for me to move on, but I will miss the many colleagues that have made this journey so successful and personally rewarding. I will continue to watch OLB's development as part of the wider TARGO Deutschland GmbH", says Giacomo Petrobelli.

"We would like to thank Giacomo Petrobelli for his successful work. In recent years, he has made a significant contribution to the Bank's profitable growth," says Isabelle Chevelard, Chair of the Supervisory Board of OLB. "At the same time, we are confident that Marc Ampaw will successfully continue to manage the Acquisition Finance, Corporates, Football Finance, Financing Solutions, Fund Finance and International Business units in addition to his own areas of responsibility."

Prior to his appointment to the OLB Management Board, Marc Ampaw worked for Ernst & Young and Morgan Stanley in the United States, as well as for VTB Bank and Bawag PSK/Südwestbank AG in Austria.

About OLB

 OLB is a universal bank with a nationwide presence in Germany and more than 150 years of history in north-west Germany. Under the OLB and Bankhaus Neelmeyer brands, it serves about one million customers in its two strategic business areas, Private & Business Customers and Corporates & Diversified Lending, both in person and via digital channels. The institution has a network of 80 branches nationwide and employs around 1,700 people.

With total assets of more than €30 billion, OLB became a significant financial institution at the beginning of 2025 and has since been directly supervised by the European Central Bank. Since January 2026, OLB has been owned by TARGO Deutschland GmbH and is thus part of the cooperative Crédit Mutuel Alliance Fédérale, one of the largest and financially strongest banking groups in Europe.

Feel free to visit us at www.olb.de and www.neelmeyer.de as well as on Facebook, Instagram and YouTube.