Corporate governance

In accordance with Art. 7:104 of the Code of Companies and Associations the executive management of the Company is entrusted to the Management Board chaired by the CEO. The members of the Management Board are appointed by the Supervisory Board.

The Management Board is empowered to take responsibility for the daily operations of the Group and the implementation of the policy and strategy articulated by the Supervisory Board. Its powers are further described in detail in Chapter 1, section 12 of the Corporate Governance Charter. The Management Board reports to the Supervisory Board through the CEO, enabling the Supervisory Board to exercise control. The members of the Management Board are in constant dialogue. The Management Board may decide on the frequency of its formal meetings.

^{*Alexander Saverys - Permanent representative of Hof Ter Polder BV}

^{*Ludovic Saverys - Permanent representative of Succavest NV}

^{* Michaël Saverys - Permanent representative of Gemadi BV}

^{* Benoit Timmermans - Permanent representative of Blacksquare BV}

^{* Maxime Van Eecke - Permanent representative of MAVECOM BV}