Board of Directors

De Wilde J. Management BVBA, represented by Julien De Wilde, was appointed Chairman in August 2007. He is also Chairman of Agfa-Gevaert NV and a Director of several Belgian listed companies, amongst others Telenet Group Holding NV. He is also former Chief Executive Officer of Bekaert NV, a Belgian metals company. Prior to Bekaert, he held senior positions at Alcatel, where he was a Member of the Executive Committee, and at Texaco, where he was a Member of the European Management board. He is Chairman of the Nomination and Remuneration Committee and a Member of the Safety, Health and Environment Committee. He obtained an Engineering Degree from the Catholic University of Leuven, Belgium.

Roland Junck, Chief Executive Officer, was appointed Chief Executive Officer in February 2009 after 16 months as a Non-Executive Director on the Company’s Board of Directors. He is also Director of several European companies including Agfa-Gevaert NV, Interseroh SE and Samhwa Steel SA. He was the former Chief Executive Officer of Arcelor Mittal. Prior to this role he was a member of the group management board of Arcelor, Aceralia and Arbed. He graduated from the Federal Polytechnic in Zurich and has a Masters of Business Administration from Sacred Heart University of Luxembourg.

Ray Stewart, Non-Executive Director, is Chief Financial and Administration Officer of Belgacom Group NV. Prior to Belgacom, he was Chief Financial Officer of Matav. He has also held senior positions with Ameritech, including Chief Financial Officer for Ameritech International. He is Chairman of the Audit Committee and a Member of the Nomination and Remuneration Committee. He has a Business Undergraduate Degree in Accounting from Indiana University, and a Masters of Business Administration in Finance from Indiana University.

Oyvind Hushovd, Non-Executive Director, currently serves on the boards of Cameco Corporation, Inmet Mining Corporation, and Ivanhoe Nickel and Platinum Ltd. Formerly Chief Executive Officer of Gabriel Resources Ltd from 2003 to 2005 and, from 1996 to 2002, President and Chief Executive Officer of Falconbridge Limited (and prior to that held a number of senior positions within that company). He is a Member of the Audit and the Safety, Health and Environment Committees. He received a Master of Economics and Business Administration Degree from the Norwegian School of Business and a Master of Law degree from the University of Oslo.

Peter Mansell, Non-Executive Director, is a Director of several Australian companies including Bunnings Property Management Ltd and Ampella Mining Ltd. He was the former Chairman of Zinifex Ltd prior to its merger with Oxiana Ltd to form OZ Minerals Ltd. He was previously a corporate and resources partner of the Australian law firm Freehills. He also holds directorships at other unlisted companies in Australia. He is Chairman of the Safety, Health and Environment Committee and a Member of the Nomination and Remuneration Committee. He holds a Bachelor of Commerce Degree, a Bachelor of Law degree and a Higher Diploma Tax from the University of Witwatersrand.

Karel Vinck, Non-Executive Director, is the Chairman of BAM NV (Beheersmaatschappij Antwerpen Mobiel), ERTMS Coordinator at the European Commission and a Director of Tessenderlo Group NV and the Théâtre Royal de la Monnaie. He also chairs the Flemish Science Policy Council. Formerly the Chief Executive Officer of Umicore NV and later Chairman, he was also Chief Executive Officer of Eternit NV, Bekaert NV and the Belgian Railways. He is a Member of the Audit and the Nomination and Remuneration Committees. He holds a Master’s Degree in Electrical and Mechanical Engineering from the Katholieke Universiteit Leuven, Belgium and a Master of Business Administration from Cornell University, United States.