Interview with Hans-Joerg Hegerl

“Factual Analysis, Clear Strategy, and Consistent Execution”

A conversation with the new manager of Alecto Capital LLC about his sudden appointment, his experience as an attorney in Germany and the US, and the next operational steps in the litigation against ECP.

Mr. Hegerl, you are taking over the management of Alecto Capital LLC at a critical stage. How did this rapid appointment come about?

The reason for my appointment is unfortunate. Mr. Theodor van Stephoudt had a severe accident and is incapacitated. We all wish him a speedy recovery. However, the company had to act immediately to ensure operational capability in the litigation against ECP. Being admitted to the bar in Germany, having studied law in the US and passed the New York bar exam I have decades of experience in complex restructuring and conflict cases, I can assume the duties without delay.

You are a lawyer with experience in two legal systems with a background in corporate restructuring. How does this specifically help in the ECP case?

This combination is a decisive advantage for Alecto Capital. I understand the mindset and the procedural tools on both sides of the Atlantic. My experience in corporate restructuring means that my approach is highly solution-oriented: it is not about debating legal theories, but about achieving an economically optimal result for the shareholders. I am familiar with the tactics of major opponents like ECP. We will proceed factually, but with utmost determination.

What are your very first operational steps as the new manager?

We have no time to lose. This week, an important decision regarding the appeals filed by ECP is due in New York. I will fly directly to New York to work on-site with our US legal team. We will analyze the situation, draw the necessary conclusions, and coordinate our planned measures directly on the ground. Close, personal coordination with our attorneys is the most important thing right now.

How do you assess the current situation for the shareholders?

The situation is challenging, but we have a clear strategy. The case is now in New York, which gives us significant procedural advantages. I will not make any grandiose promises – that is not my style. My approach is purely factual: we analyze the facts, use our legal tools, and put pressure on ECP. The goal is clearly defined: to extract the best possible outcome for the shareholders. I am working on this with full commitment starting today.

Your final message to the shareholders?

The incapacitation of Mr. van Stephoudt was sudden, but the company remains fully operational. I will inform you regularly and factually about actual developments. Please understand that, for tactical reasons, we cannot make every legal detail public – ECP is watching us closely. But you can rest assured that we will consistently continue on the path we have chosen.