Board of Directors

The main tasks of the Board of Directors are to determine the company’s general policy, approve the strategy and supervise the activities. The Board of Directors is the company’s supreme decision-making body in all matters, other than those in respect of which decision-making powers are reserved to the General Meeting of Shareholders by law or the articles of association. The Board of Directors currently has fourteen members.

On 13 May 2015 Mr Gregory Dalle became Director of the Board, while Mr Roger Dalle retired after having served 17 years on the Board of Directors of Bekaert.

The composition of the Board of Directors will significantly change in 2016.

On 26 February 2016 the Board of Directors announced the nomination of six new Directors for appointment by the Annual General Meeting of Shareholders of 11 May 2016. The nominations follow a thorough succession planning process which aims at ensuring a Board composition with a broad representation from the international professional community. The nominees will add complementarity, independence, and diversity of professional experience on the Board and will significantly change its composition.

Other changes in the composition of the Board of Directors of Bekaert

The term of office of the Directors Lady Barbara Judge and Messrs François de Visscher, Bernard van de Walle de Ghelcke, Baudouin Velge, and Manfred Wennemer will expire at the close of the Annual General Meeting of 11 May 2016. They are not eligible for or do not seek re-election to the Board. Upon approval of the proposed appointments by the General Meeting of Shareholders, the Board of Directors of Bekaert will as of 11 May 2016 be composed of 15 members. Their professional profiles will cover different areas of expertise, such as law, business, industrial operations, banking & investment banking, marketing & sales, HR and consultancy.

New composition of the Board of Directors ⁽¹⁾

Mr. Bert De Graeve, Chairman
Mr. Matthew Taylor, CEO
Ms. Celia Baxter ^{(1) (2)}
Mr. Alan Begg ⁽²⁾
Mr. Leon Bekaert
Mr. Grégory Dalle
Mr. Charles de Liedekerke
Mr. Christophe Jacobs van Merlen ⁽¹⁾
Mr. Hubert Jacobs van Merlen
Mr. Maxime Jadot
Ms. Pamela Knapp ^{(1) (2)}
Ms. Martina Merz^{(1) (2)}
Ms. Emilie van de Walle de Ghelcke ⁽¹⁾
Mr. Henri Jean Velge ⁽¹⁾
Ms. Mei Ye ⁽²⁾
^{(1) Upon appointment by the General Meeting of Shareholders

(2) Independent Directors}