Andreas Jacobs

Nomination & Compensation Committee Chairman

German national. Member of the Board of Directors since May 2006, Chairman of the Nomination & Compensation Committee. His term of office ends on the day of the 2010 General Meeting of Shareholders.

After studying law at the universities of Freiburg and Munich (Germany) and Montpellier (France), Andreas Jacobs (1963) obtained a doctorate in European competition law from the University of Freiburg. He also holds an MBA from INSEAD in Fontainebleau, France.

Andreas Jacobs has been an independent entrepreneur since 1992, with a stake in several European and North American companies. Since 2001 he has performed several executive functions in the Jacobs family's businesses. From 1991 to 1993, he worked as a consultant and project manager at Boston Consulting Group in Munich.

Other appointments and commitments: Executive Chairman of Jacobs Holding AG, Chairman of Barry Callebaut AG, Chairman of Infront Sports & Media AG, Chairman of Minibar AG (all in Switzerland).