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Groep Brussel Lambert NV (GBLB.BR)

GBLB.BR on Brussels Stock Exchange

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Summary

Name Age Since Current Position

Paul Desmarais

64 2019 Chairman of the Board

Ian Gallienne

48 2019 Chief Executive Officer, Director

Gerald Frere

68 2019 Vice Chairman of the Board

Xavier Likin

50 2017 Chief Financial Officer (CFO)

Colin Hall

48 2016 Head of Investments

Priscilla Maters

41 2016 Chief Legal Officer

Amaury de Seze

73 1994 Director

Victor Delloye

65 1999 Director

Paul Desmarais

36 2014 Director

Cedric Frere

35 2015 Director

Segolene Gallienne

41 2015 Director

Jocelyn Lefebvre

61 2017 Director

Arnaud Vial

66 2004 Director

Antoinette d'Aspremont Lynden

69 2011 Independent Director

Laurence Danon Arnaud

63 2017 Independent Director

Marie Polet

64 2015 Independent Director

Agnes Touraine

64 2018 Non-Executive Independent Director

Martine Verluyten

68 2013 Independent Director

Sophie Gallaire

2018 IR Contact Officer

Biographies

Name Description

Paul Desmarais

Mr. Paul Desmarais, Jr., has been appointed Non-Executive Chairman of Groep Brussel Lambert N.V. as of April 23, 2019. He was appointed Vice Chairman of the Board from January 2012. He was Non-Executive Director of the Company between 1990 and January 2012. Mr. Desmarais holds a Degree in Business Studies from McGill University in Montreal and a Masters of Business Administration from INSEAD in Fontainebleau. He joined Power Corporation of Canada in 1981 and assumed the position of Vice- President the following year. In 1984, he led the creation of Power Financial Corporation to consolidate Power’s major financial holdings, as well as Pargesa Holding S.A., under a single corporate entity. Paul Desmarais, Jr. served as Vice-President of Power Financial Corporation from 1984 to 1986, as President and Chief Operating Officer from 1986 to 1989, as Executive Vice-Chairman from 1989 to 1990, as Executive Chairman of the Board from 1990 to 2005, as Chairman of the Executive Committee from 2006 to 2008 and as Executive Co-Chairman from 2008 until today. He also served as Vice-Chairman of Power Corporation from 1991 to 1996. He was named Chairman of the Board and co-CEO of Power Corporation in 1996. He is Member of the Company's Standing Committee.

Ian Gallienne

Mr. Ian Gallienne has been appointed Chief Executive Officer as of April 23, 2019. He previously served as Co-Chief Executive Officer, Director of Groep Brussel Lambert N.V. since January 1, 2012. He is Member of the Standing Committee and Member of the Executive Management of the Company. He served as Non-Executive Director between January 1, 2009 and January 1, 2012. He has a degree in Management and Administration, with a specialization in finance, from Ecole des Dirigeants and Createurs d'Entreprise and a Masters of Business Administration degree from the INSEAD in Fontainebleau. He began his career in Spain, in 1992, as co-Founder of a commercial company. From 1995 to 1997, he was Member of Management of a consulting firm specialised in the reorganization of ailing companies in France. From 1998 to 2005, he was Manager of the private equity funds Rhone Capital LLC in New York and London. From 2005 till 2016 he was co-Founder and Managing Director of the private equity funds Ergon Capital Partners in Brussels. He is Board Member of adidas AG, Imerys, Pernod Ricard, SGS S.A. and Umicore.

Gerald Frere

Mr. Gerald Frere has been appointed Non-Executive Vice Chairman of the Board of Groep Brussel Lambert N.V. as of April 23, 2019. He was appointed Chairman of the Board from January 1, 2012. He is Member of the Company's Standing Committee. He was Director, Member of the Executive Management of the Company between 1993 and January 1, 2012. He was Director of the Company between 1982 and 1993. After being educated in Switzerland, Mr. Frere joined the family company, Frere-Bourgeois group (Belgium), where he took up the duties of Managing Director. He is a Regent of the National Bank of Belgium. Until December 28, 2017 he was Chairman of the Board of Directors of Loverval Finance S.A.

Xavier Likin

Mr. Xavier Likin has held the position of Chief Financial Officer (CFO) at Groep Brussel Lambert N.V., since August 1, 2017. He is a Commercial Engineer and holds certificates in taxation from the Solvay Brussels School of Economics & Management (ULB). He began his career in Central Africa in the car distribution sector, in which he held a number of administrative and financial positions at MIC. He joined PwC in 1997, where he became a senior manager and was appointed as a Statutory Auditor (CPA) by the Institut des Reviseurs d’Entreprises. In 2007, he joined Ergon Capital Partners as CFO. Then, in June 2012, he was appointed Group Controller at GBL.

Colin Hall

Mr. Colin M. Hall has been Head of Investments of Groupe Bruxelles Lambert S.A. since 2016. He holds an MBA degree from the Stanford University Graduate School of Business, and a Bachelor of Arts from Amherst College. He began his career in 1995 as a Financial Analyst in private equity at Morgan Stanley (New York). In 1997, he joined Rhone Capital, a private equity fund, where he held various positions for 10 years in New York and London. In 2009 he was the co-founder of a hedge fund, sponsored by Tiger Management (New York), where he worked until 2011. In 2012 he joined, as CEO, Sienna Capital, a 100% subsidiary of the Company, which regroups its alternative investments (private equity, debt or specific thematic funds).

Priscilla Maters

Ms. Priscilla Maters has been Chief Legal Officer and Secretary General at Groep Brussel Lambert N.V. since October 2016. She holds a Law degree from Universite Libre de Bruxelles (ULB) and the London School of Economics (LL.M). She began her career in 2001 with law firms in Brussels and London (including Linklaters), where she specialized in mergers-acquisitions, capital markets, financing and business law. She joined the Company in 2012.

Amaury de Seze

Mr. Amaury-Daniel de Seze has been Non-Executive Director of Groep Brussel Lambert N.V. since 1994. He is Member of the Standing Committee and Chairman of the Nomination and Remuneration Committee at the Company. Mr. de Seze has a degree from Stanford Business School. His career began at Bull General Electric. From 1978 to 1993, he was with Volvo group, chairing Volvo Europe and serving as Member of the group's Executive Committee. In 1993, he joined Paribas group as a Member of the Executive Board in charge of industrial affairs. He was Chairman of PAI Partners and is currently lead Director of Carrefour SA and Vice Chairman of Power Financial Corporation. He is Director of Pargesa Holding SA.

Victor Delloye

Mr. Victor Delloye has been Non-Executive Director of Groep Brussel Lambert N.V. since 1999. He is Member of the Member of the Standing Committee of the Company. Mr. Delloye has a bachelor's in Law from Universite Catholique de Louvaine and Master's Degree in Taxation Studies from Ecole Superieure des Sciences Fiscales de Bruxelles. Since the start of the 1989-1990 academic year, he has been a lecturer at ULB's Solvay Business School in the master's program in tax planning. He joined Frere-Bourgeois in 1987 and was named Director-General Secretary of CNP-NPM in 1994. He is also Vice-Chairman of the Board of Directors of the Association Belge des Societes Cotees ASBL.

Paul Desmarais

Mr. Paul Desmarais, III, has been Non-Executive Director of Groep Brussel Lambert N.V. since April 22, 2014. He is Member of the Standing Committee of the Company. He is the recipient of a Bachelor of Arts degree in Economics from Harvard University and holds an MBA degree from INSEAD in Fontainebleau. He began his career in 2004 at Goldman Sachs in the United States. In 2010, he worked in project management at Imerys in France and in 2012, moved to Great-West Lifeco (Canada) as Assistant Vice-President in Risk Management. In May 2014, he was appointed Vice-President of Power Corporation of Canada and Power Financial Corporation.

Cedric Frere

Mr. Cedric Frere has been Non-Executive Director of Groep Brussel Lambert N.V. since April 28, 2015. He is Member of the Standing Committee of the Company. He holds a Bachelor of Arts degree in Business and Economics from Vesalius College in Brussels, Vrije Universiteit Brussel (VUB). He began his career in the banking sector (at Goldman Sachs in Paris and at the Royal Bank of Scotland in London). In 2008, he moved into the Private Deals department of Banque Degroof in Brussels. In 2010, he joined CNP/NPM. He is currently a Director of various companies including Societe Civile du Chateau Blanc Cheval Blanc, Caffitaly and Pargesa Holding S.A. He has been also Regent of the National Bank of Belgium since May 2018.

Segolene Gallienne

Ms. Segolene Gallienne has been Director of Groupe Bruxelles Lambert S.A. since April 28, 2015. She is Member of the Standing Committee at the Company. She holds a Bachelor of Arts degree in Business and Economics from Vesalius College in Brussels, Vrije Universiteit Brussel (VUB). Her previous positions include Head of Public Relations at Belgacom (which became Proximus) and Head of Communication at Dior Fine Jewelry. She has been Director of various French and international companies (including Christian Dior S.A., Societe Civile du Chateau Cheval Blanc and Frere-Bourgeois) and Chairwoman of the Board of Directors of Diane S.A., a company specialized in the trading of works of art.

Jocelyn Lefebvre

Mr. Jocelyn Lefebvre has been Non-Executive Director of Groep Brussel Lambert N.V. since 2017. He is Member of the Standing Committee at the Company. He is graduate from the Ecole des Hautes Etudes Commerciales in Montreal and is also a member of the Ordre des Comptables Professionnels Agrees du Quebec (CPA, Quebec Order of Chartered Accountants). He began his career in 1980 at Arthur Andersen, first in Montreal and then in Brussels. In 1986, he joined the Canadian manufacturing group M.I.L. Inc., where he was successively Deputy to the CEO, Vice-President of Administration and of Special Projects, and then of Corporate Affairs while holding the position of CEO of Vickers Inc, one of its main subsidiaries, until 1991. In 1992, Jocelyn Lefebvre joined the Power Corporation of Canada group, where he has held various positions in Europe. In this context, he held a seat on the Boards of Directors of group companies (Imerys, Parfinance, RTL, Suez-Tractebel, Kartesia, AFE, Orior Food). Today he is CEO of Sagard Private Equity and is also a member of the Management Board of Parjointco N.V. and of Power Financial Europe B.V.

Arnaud Vial

Mr. Arnaud Vial has been Non-Executive Director of Groep Brussel Lambert N.V. since April 27, 2004. He was Member of the Standing Committee and of the Audit Committee of the Company. After graduating from Ecole Superieure d'Electricite, he began his career in 1977 with Banque Paribas (Paris). In 1988 he joined Pargesa group. Since 1997, he has been Senior Vice-Chairman of Power Corporation of Canada and Power Financial Corporation. He was appointed Managing Director of Pargesa Holding S.A. on June 1, 2013. He has been a Director of Imerys since May 2016.

Antoinette d'Aspremont Lynden

Countess Antoinette d'Aspremont Lynden has been Non-Executive Independent Director of Groep Brussel Lambert N.V. since 2011. She has been Member of the Audit Committee of the Company since 2011 and its Chairperson since July 30, 2012. She holds a Master of Science degree from the School of Engineering of Stanford University in California and a Doctorate in Applied Economics from Katholieke Universiteit Leuven. She began her career in quantitative methods consulting in Palo Alto, in California and held various positions at Banque Bruxelles Lambert in Brussels between 1973 and 1990. She was then a Management professor for twenty years at Charles-de- Gaulle University (Lille 3). In addition, she is a visiting professor of Accounting and Financial Analysis at the Political Science Institute (Sciences Po) in Lille. She is also active in the non-profit sector as Chairwoman of the Royal Philanthropic Society in Brussels, Treasurer of St Michael and St Gudula’s Cathedral in Brussels, Member of the French-speaking jury for the Queen Paola Prize for education, a Member of the Organizing Authority of the Maredsous Private School (Belgium) and Director of the Royal Trust (Belgium).

Laurence Danon Arnaud

Ms. Laurence Danon Arnaud has been Non-Executive Independent Director at Groupe Bruxelles Lambert S.A. since 2017. She has been Member of the Nomination and Remuneration Committee at the Company since April 25, 2017. She joined the Ecole Normale Superieure Paris in 1977. She became an associate professor of Physical Sciences in 1980. After two years of research in the laboratories of the CNRS, she entered the Ecole Nationale Superieure des Mines in 1981 and left as a Corps des Mines Engineer in 1984. After five years at the Ministry of Industry and at its Hydrocarbons Division, she joined the ELF group in 1989. From 1989 to 2001, she held various positions in the Chemicals branch of TOTAL FINA ELF group including in particular, between 1996 and 2001, the position of CEO of BOSTIK, the number 2 worldwide in adhesives. In 2001, she was appointed CEO of Printemps and member of the Executive Board of PPR (KERING). After the repositioning of Printemps and the sale in 2007, she joined the world of finance, from 2007 to 2013 as Chairwoman of the Management Board of Edmond de Rothschild Corporate Finance and from 2013 as Chairwoman of the investment bank Leonardo & Co. SAS (subsidiary of the Italian group Banca Leonardo). Following the sale of Leonardo & Co. SAS to NATIXIS in 2015, she devoted herself to her family office, PRIMROSE SAS. She has been a Director of the company Amundi since 2015. She has also been a member of the Board of Directors of TF1 since 2010 . She was a member of the Boards of Directors of other companies, such as the UK company Diageo (2006 to 2015), Plastic Omnium (2003-2010), Experian Plc (2007-2010), Rhodia (2008-2011) and of the Supervisory Board of BPCE (2009-2013), where she chaired the Nomination and Remuneration Committee. Moreover, she was the Chairwoman of Committees at MEDEF from 2005 to 2013, among others.

Marie Polet

Ms. Marie Polet has been Non-Executive Independent Director of Groupe Bruxelles Lambert S.A. since April 28, 2015. She is Member of the Nomination and Remuneration Committee and of the Audit Committee of the Company. After obtaining a Bachelor’s degree in Economics, she joined British American Tobacco (BAT). She worked in marketing before being promoted to Corporate Management positions. She was a Managing Director of British American Tobacco Belgium until July 2008. She also spent a lot of time abroad for the BAT group, in the United States, Germany and the Netherlands, before being appointed Head of Marketing for Europe in London. After she oversaw the merger between BAT and STC (cigars) in Belgium, the multinational tasked her with managing the takeover of the Scandinavian tobacco market leader. She was as such made General Manager Denmark, working in Copenhagen until January 2010. She was then promoted to Group Head of Strategy & Planning at the group’s head office in London. From 1 October 2011 to 16 January 2015, she served as Chairwoman & CEO of Imperial Tobacco Canada, which has its head office in Montreal. Until January 2019 she served as Group's Director of Strategy, Planning and Insights in London.

Agnes Touraine

Ms. Agnes Touraine has been Non-Executive Independent Director of Groep Brussel Lambert NV since October 31, 2018. She is also Member of Nominating and Remuneration Committee of the company. She holds degree in Law from Sciences-Po and an MBA from Columbia University. She is Chairwoman of IFA (French Institute of Directors) as well as founder and chairperson of Act III Consultants. She previously served as Chairwoman and CEO of Vivendi Universal Publishing after spending 10 years at Lagardere and 5 years at McKinsey. She is currently Board Member of various companies, including Proximus and Rexel.

Martine Verluyten

Ms. Martine G. Verluyten has been Non-Executive Independent Director of Groupe Bruxelles Lambert S.A. since 2013. She is Member of the Audit Committee of the Company. She has a bachelor's degree in applied economics from the Catholic University of Leuven (KU Leuven). She started her career at the audit firm Peat, Marwick, Mitchell, which later became KPMG. After being promoted to senior auditor she joined the Californian company Raychem, which specializes in heatshrinkable polymeric products, where she held a number of financial positions in Belgium and the United States. In 2000, she joined Mobistar, Belgium’s mobile network operator, and quickly became CFO. She ended her career as CFO at Umicore (2006-2011). She is currently a non-executive Director on the Boards of STMicroelectronics N.V. and Thomas Cook Group plc. She chairs the Audit Committees of STMicroelectronics N.V. and Thomas Cook Group plc where she also has a seat within the Nomination Committee.

Sophie Gallaire