The Board of Directors decided not to set up a Direction Committee as defined in the Belgian Companies Code. At 30 June 2013, Executive Management consists of Mr. Stefaan Gielens, CEO, and Mr. Jean Kotarakos, CFO.
In accordance with Art. 38 of the Belgian Act of 20 July 2004 on undertakings for collective investments, the CEO and the CFO are in charge of the daily management of the Company and for the joint representation of the Company in these activities. They report to the Board of Directors.