Vilmorin & Cie - Annual report 2017-2018

ANNUAL REPORT Vilmorin & Cie 79 2017-2018 2 2.4. Management bodies 2.4.1. The General Management Vilmorin & Cie’s General Management is the responsibility of the Chairman of the Board of Directors, Philippe AYMARD. The Board of Directors has adopted the combination of the functions of Chairman and CEO. 2.4.1.1. The Delegate CEO The Chairman of the Board of Directors is assisted in his mission by a Delegate CEO, more specifically in charge of operational functions. This function was held by Emmanuel ROUGIER up until his retirement in December 2017, in compliance with the Company’s by-laws, which fix the age limit of its corporate officers at 65. Emmanuel ROUGIER joined the Group more than 40 years ago and had been Vilmorin & Cie’s Delegate CEO since 2011. He specifically contributed to the internationalization of the Field Seeds activities and to the definition and deployment of the targeted external growth policy, allowing Vilmorin & Cie to develop regularly and sustainably on its markets. Today, Daniel JACQUEMOND, whose appointment was approved at the meeting of the Board of Directors held on December 8, 2017, is Vilmorin & Cie’s Delegate CEO. Expertise and experience A graduate of ESCP Europe, Daniel JACQUEMOND has experience of more than 30 years in Limagrain’s main activities, and in particular has held various operational positions as CEO for subsidiaries in France and Germany. Daniel JACQUEMOND had been Vilmorin & Cie’s Chief Financial Officer since 2000. Ongoing mandates on June 30, 2018 Chairman & CEO: Vilmorin USA Corp (United States) Vice-Chairman: Vilmorin Garden Sp.zo.o (Poland) Delegate CEO: Vilmorin Jardin SA (France) Member of the Board: Carters Tested Seeds Ltd (United Kingdom), Hengji Limagrain Seeds Co. Ltd (China), Limagrain (Beijing) Agricultural Technical Services Co Ltd (China), Limagrain (Beijing) Business Consulting Co Ltd (China), Limagrain Brasil SA (Brazil), R&G Cuthbert Ltd (United Kingdom), Seed Co Limited (Zimbabwe), VCC Seeds Israël (Israel), Vilmorin 2014 (Holdings) Limited (United Kingdom), Vilmorin 2014 Limited (United Kingdom), Vilmorin Hong Kong Limited (Hong Kong), Vilmorin Singapore PTE. LTD (Singapore) Member of the Board, non-member of the Cooperative: Société Coopérative Agricole Limagrain (France) Member of the Supervisory Board: CH Van Den Berg (Netherlands) Delegate CEO Nationality: French 60 years old Mandat Commencement: 2017 Expiry: 2020 Daniel Jacquemond 2.4. Management bodies Report on CORPORATE GOVERNANCE