27 March 2015

Regulated Information

Notice of ordinary shareholders’ meeting - Three candidates nominated to join Umicore’s Board of Directors

Umicore invites its shareholders to the ordinary shareholders’ meeting which will be held on Tuesday 28 April 2015 at 17:00 at its registered office in Brussels.

Please click the following link for more details regarding the agenda, the admission conditions and voting modes for this shareholders’ meeting.

At the ordinary shareholders’ meeting of Tuesday 28 April 2015, 3 long-serving Directors of Umicore, Arnoud de Pret, Ernst-Uwe Bufe and Isabelle Bouillot, will retire. After a thorough process led by the Umicore Nomination Committee, three new candidates are proposed and will be presented for approval at the ordinary shareholders’ meeting.

If the nominations are approved, Umicore’s Board would consist of 9 members, 5 of whom would be Independent Directors.

The candidates are:

Ian Gallienne, who is 44 and of French nationality, is Managing Director of Groupe Bruxelles La mbert (GBL), Umicore’s largest shareholder. He has been a Director of GBL since 2009 and Managing Director since January 2012. Mr Gallienne began his career in Spain, in 1992, as co-founder of a sales company. From 1995 to 1997, he managed a consulting firm specialising in turning around businesses in France. From 1998 to 2005, he was manager of the private equity funds Rhône Capital LLC in New York and London. In 2005 he founded the private equity funds Ergon Capital Partners in Brussels and was Managing Director of such funds until 2012. Mr Gallienne is a non-executive director at Lafarge, Imerys, Pernod Ricard and SGS. He has a degree in Management and Administration from the Ecole Supérieure des Dirigeants d’Entreprises (E.S.D.E.) in Paris and an MBA from INSEAD in Fontainebleau. As representative of a stable shareholder, he would exercise a mandate as Non-Executive Director.

Mark Garrett, who is 52 years old and of dual Australian / Swiss nationality, is Chief Executive Officer of Borealis, an Austria-based leading provider of innovative solutions in the field of polyolefins, base chemicals and fertilizers. During his 8-year tenure as Chief Executive Officer, Mr Garrett has driven significant growth at Borealis through a combination of organic initiatives and M&A. Prior to joining Borealis he was head of a number of business units at Swiss specialty chemicals company Ciba and DuPont de Nemours. Mr Garrett is a non-executive director of Nova Chemicals Corporation and is Vice-Chairman of Borouge, a joint venture between Borealis and the Abu Dhabi National Oil Company. He graduated in Economics from the University of Melbourne. He would exercise a mandate as Independent Non-Executive Director.

Eric Meurice, who is 58 and of French nationality, was formerly President and Chief Executive Officer of Dutch-based ASML Holding, a major provider of advanced technology systems for the semiconductor industry. Under Mr Meurice’s stewardship between 2004 and 2013, ASML achieved a very impressive growth in earnings and shareholder returns and became recognized as an industry leader in innovation. Mr Meurice was previously Executive Vice President in charge of Thomson Multimedia TV Division and prior to that held senior positions in several technology groups such as Intel, ITT and Dell Computer. He is a non-executive director of NXP Semiconductors and of IPG Photonics. Mr Meurice holds Masters degrees in Economics and Mechanical Engineering from the Sorbonne and Ecole Centrale de Paris (France) respectively and an MBA from Stanford (US). He would exercise a mandate as Independent Non-Executive Director.

Thomas Leysen, Chairman of the Board, commented: “The Annual General Meeting of Umicore will mark the retirement of three of our longest-serving Directors. They have all been part of Umicore’s transformation story and contributed greatly to the Board’s effectiveness. They have helped us with their insights and experience at crucial moments in our development and the whole company owes them an enormous debt of gratitude." Commenting on the outcome of the search process, he added: "I am delighted that Ian, Mark and Eric have accepted to be candidates for election to Umicore’s Board of Directors. They bring a wealth of experience in organizations and disciplines that have a strong relevance for Umicore. Their backgrounds and skills will add further to the strength of Umicore’s Board and I know that the other Board members are looking forward to the possibility of working with them.”


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