AkzoNobel announces the nomination of a new Supervisory Board member; Mr. Michiel Jaski, following an extensive search process. This follows the nomination of Mrs. Sue Clark and Mr. Patrick Thomas for appointment to the Supervisory Board as announced on August 16, 2017.
Antony Burgmans, Chairman of the Supervisory Board, commented:
“I am very pleased we have nominated Michiel Jaski who brings with him a wealth of knowledge and insights which will benefit the composition of our Board moving forward.”
The appointment of Ms. Sue Clark, Mr. Patrick Thomas and Mr. Michiel Jaski to the Supervisory Board of AkzoNobel is subject to shareholder approval at the Extraordinary General Meeting of November 30, 2017.
As per AkzoNobel’s articles of association, Mr. Patrick Thomas can be appointed by a simple majority of the votes cast; Mr. Eric Meurice, as a nominee of USS, requires at least a two-thirds majority of the votes cast, if such a majority represents more than half the issued share capital.
