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The European Financial Reporting Advisory Group (EFRAG) Re-Appoints BETTER FINANCE Candidate As Only Board Member Representing Retail Investors Date 09/04/2021 BETTER FINANCE is pleased to announce that Jella Benner-Heinacher, the Deputy Chief Director of the Deutsche Schutzvereinigung für Wertpapierbesitz (DSW) and BETTER FINANCE Vice-President, was appointed to the Board of the European Financial Reporting Advisory Group (EFRAG) as an observer with speaking rights to be the only representative of EU citizens as “retail” investors. EFRAG was established in 2001 with the aim of advising the European Commission (EC) on the suitability of the International Financial Reporting Standards (IFRS) as set by the International Accounting Standards Board (IASB). EFRAG s mission is to ensure that European views on the matter are taken into account in the IASB standard setting process and whether newly issued or revised IFRS meet the criteria for endorsement for use in the EU.

Jean berthonTimo rothoviusGuillaume pracheDeutsche schutzvereinigungJean medernachJella benner heinacherInternational financial reporting standardsEuropean commissionInvestment management standing committee consultative working groupInternational accounting standards boardDeputy chief directorEuropean financial reporting advisory groupManaging director guillaume pracheEuropean securitiesMarkets authorityInvestment management standing committee