Mr Marc Freismuth was appointed Director of the Company in March 2006 and Chairman of the Board in August 2013. Born in France in 1952, Mr Freismuth holds a ‘Diplôme d’Etudes Supérieures de Sciences Economiques’ from the University of Panthéon-Sorbonne (Paris). Holder of an agregation in “Economics and Management”, he was lecturer at the University of Montpellier up to July 1988 when he decided to join the University of Mauritius as lecturer in management and nance up to July 1994. While in this position, Mr Freismuth has contributed to the setting up of the Stock Exchange of Mauritius Ltd as consultant to the ‘Stock Exchange Commission’ and member of the ‘Listing Committee’. Mr Freismuth is currently self-employed as consultant in management and nance. Fellow member of the Mauritius Institute of Directors (MIoD), he sits as independent Director on the Board of several public companies.

Mr François Boullé was appointed Director of the Company in May 2004. Born in 1948, Mr Boullé holds a degree from the ‘Institut d’Etudes Politiques de Paris’ (Sciences Po - Section Economique et Financière). During his professional career, he has been involved mainly in the leadership of companies engaged in distribution and trade. Until March 2016, Mr Boullé was the Managing Director of Suchem Ltd, a company specialised in importation and distribution of industrial chemicals, textile auxiliaries, plastic raw-materials, agro-chemicals and sprayers for agriculture. He was also the Managing Director of Archemics Ltd, distributor of consumer goods such as adhesives, cosmetics and detergents from Henkel Germany, and industrial products for cleaning, laundry, pools, and textile fabrics. Mr Boullé is now retired and sits as Director on the Board of these two companies which form part of the Harel Mallac Group.

Mr Yann Duchesne was appointed Director of the Company in February 2017. Born in 1956, Mr Duchesne graduated from the ‘Ecole Polytechnique, Ecole des Mines de Paris’ and the ‘Institut d’Etudes Politiques de Paris’. He is currently the Group CEO – Operations of IBL Ltd. He spent 12 years as Senior Partner at the Private Equity rm Doughty Hanson in London. Prior to that, he worked for 20 years at McKinsey where he was the Managing Partner for the branch in France. He has also worked extensively in the US, Japan and various European countries. He has wide experience in the nancial, pharmaceutical, industrial and luxury sectors. Mr Duchesne is also the author of a socio-economic book (France S.A.) and is a Knight in the French National Order of the ‘Légion d’Honneur’.

Mr Joël Harel was appointed Director of the Company in July 2006. Born in 1967, Mr Harel holds a National Higher Diploma in Mechanical Engineering from Cape Technikon in Cape Town. He is currently Project Manager at Emineo Ltd, a company involved in the engineering and the realisation of projects, mainly in the sugar cane sector and its associated by-products, operating both locally and overseas. Mr Harel is the Chairman of the Company’s Corporate Governance Committee and is also a Director of Filature de Riche Terre Ltée, a non- listed company.

Mr Laurent de la Hogue was appointed Director of the Company in December 2011. Born in 1975, Mr de la Hogue holds a Master degree in Management and Finance from the ‘Ecole Supérieure de Gestion et Finance’ in Paris, France. In 2001, he joined IBL Ltd (formerly known as GML Investissement Ltée) as Treasurer for the setting up of the central treasury unit before becoming Finance Executive - Corporate & Treasury in 2011 where he was involved in the development of projects. Since July 1, 2016, Mr de la Hogue is the Head of Financial Services at IBL Ltd. He is also currently the Chairman of IBL Treasury Ltd, AfrAsia Capital Management Ltd, LCF Securities Ltd and The ConcreAte Agency Ltd. Mr de la Hogue also serves as Director to a number of organisations operating in the industrial, commercial, nancial and investment sectors.

Mr Arnaud Lagesse was appointed Director of the Company in August 2011. Born in 1968, Mr Lagesse holds a Master’s in Management from the ‘Université d’Aix-Marseille’ and is a graduate of the ‘Institut Supérieur de Gestion de Paris’. He attended a Professional Development Program at INSEAD, Fontainebleau, France, an Advanced Management Program (AMP180) from Harvard Business School, United States, and a Breakthrough Executive Program with Egon Zender/Mobius in Portugal. In 1993, Mr Lagesse joined IBL Ltd (formerly known as GML Investissement Ltée) as Finance and Administrative Director before being appointed Chief Executive Of cer in August 2005. Since July 1, 2016, following the amalgamation of GML Investissement Ltée and Ireland Blyth Limited, Mr Lagesse is the Group CEO of the newly formed entity, IBL Ltd. Mr Lagesse is a member of the Board of Directors of several of the country’s major companies listed on the Stock Exchange of Mauritius Ltd and is the Chairman of Phoenix Beverages Ltd, BlueLife Limited, LUX* Island Resorts Ltd and City Brokers Ltd inter alia. He was President of the National Committee on Corporate Governance in Mauritius (‘NCCG’), of the Chamber of Agriculture, of the Mauritius Sugar Producers’ Association and of the Sugar Industry Pension Fund. Mr Lagesse is also the Chairman of Fondation Joseph Lagesse since July 2012.

Mr Stéphane Lagesse was appointed Director of the Company in November 2011. Born in 1959, Mr Lagesse holds a degree in ‘Gestion des Entreprises’ from the University of Paris IX Dauphine. He joined the Palmar Group in 1983 of which he is currently the Managing Director. Mr Lagesse participated in the setting up of two garment manufacturing companies in Mauritius.

Mr Thierry Lagesse was appointed Director of the Company in December 1989 and subsequently Chairman of the Board in December 2002 until August 2013. Born in 1953, Mr Lagesse holds a ‘Maîtrise des Sciences de Gestion’ from the University of Paris Dauphine. He was the Non-Executive Chairman of IBL Ltd (formerly known as GML Investissement Ltée), Alteo Limited and Phoenix Beverages Limited and is a Director of several other companies quoted on the Stock Exchange of Mauritius Ltd. He is also the Executive Chairman and founder of Palmar Group of Companies and the Executive Chairman of Parabole Réunion SA. Mr Lagesse is a member of the Company’s Corporate Governance, Nomination and Remuneration Committee.

Mr Jean Claude Maingard was appointed Director of the Company in November 2007. Born in 1946, Mr Maingard holds a Diploma in Quantity Surveying from the University of Cape Town and is a member of the Royal Institute of Chartered Surveyors (M.R.I.C.S.). In 1972, he joined General Construction Co. Ltd, a well-known rm of building and civil engineering contractors operating in Mauritius, and was appointed Executive Director in 1986 and Managing Director from 1998 to 2006. Mr Maingard is now retired and acts as Chairman of the company.

Mr E.Jean Mamet was appointed Director of the Company in November 2004 and is currently the Chairman of the Audit Committee. Born in 1943, Mr Mamet is a Certi ed Accountant and has been in practice for forty- three years involved in auditing and consulting services up to 2003 when he retired as Managing Partner of Ernst & Young Mauritius.

Mr Christophe Quevauvilliers, born in 1968, is a Fellow member of the Association of Chartered Certi ed Accountants. He joined the Group as Finance Manager and Company Secretary in May 2002 after having spent ten years in public practice at De Chazal Du Mée (now known as BDO) and four years in the industrial sector. In 2013-2014 he completed a General Management Program delivered by the ESSEC (Ecole Supèrieure des Sciences Economiques et Commerciales) Business School. On September 24, 2015, Mr Quevauvilliers resigned as Company Secretary and was appointed as Executive Director to the Board, effective as from October 1, 2015. He also sits on the Board of several companies within the Group.

Mr Stéphane Ulcoq, born in 1977, holds a ‘Diplôme d’Ingénieur en Mécanique’ from the ‘Institut National des Sciences Appliquées’ (INSA) of Rouen, France and an ‘MBA International Paris’ from the Paris Dauphine and La Sorbonne Universities. He also holds a Certi cate in Global Management awarded by INSEAD after having completed three Executive Education Programs at INSEAD Fontainebleau, France and INSEADSingaporein2011and2012. Mr Ulcoq joined the Company as Assistant Works Manager in year 2000 and was promoted Workshop Manager in 2007. In January 2012, Mr Ulcoq was promoted to the post of Production Manager where he was in charge of all production units, both in Mauritius and overseas. In addition to his responsibilities as Production Manager, Mr Ulcoq was appointed Deputy CEO by the Board of Directors in December 2012. He then gradually handed over his duties as Production Manager and was appointed CEO of the Company in January 2015 and eventually Group CEO with effect from July 2015.