Marc Seiler, the Executive Director, Finance & Control of the Company, was appointed as a Non-Independent, Executive Director on 1 December 2008. He holds a Masters of Science in Management from Ecole Superieure de Commerce de Paris, France and an Accounting & Finance Diploma [Diplome d’Etudes Superieures Comptables et Financieres]. Marc Seiler started his career as an external auditor with Coopers and Lybrand, before joining the Nestlé group of companies in 1990 as the Finance Planning Manager of Nestlé Waters in Paris. Subsequently he was transferred to Nestlé Waters, North America where he held several positions such as Director Corporate Planning, Director Finance Supply Chain, Director Promotional Trade Spending, Chief Financial Officer Canada, Chief Financial Officer US Retail Division, with his last position as the Business Development, Mergers & Acquisitions Director. He does not own any shares in the Company, has no conflict of interest with the Group, does not have any personal interest in any business arrangement involving the Group, has no family relationship with any other director and/or major shareholder of the Group and has not been convicted for offences within the past 10 years other than traffic offences, if any. Marc Seiler has not attended any meetings of the Board of Directors for the fi nancial year ended 31 December 2008 as no meeting was held since his date of appointment.