The Kingfish Company announces change in the Supervisory Board

30 Apr 2025 08:00 CEST

Kats, Netherlands – April 30, 2025 -The Kingfish Company N.V. (the “Company”;
“Kingfish”; OSE: KING) today announced that Alexandre van der Wees will step
down from his position on the Supervisory Board following the 2025 Annual
General Meeting (AGM).

The Nomination Committee has nominated Xavier Govare to join as a new member.
His appointment, along with the reappointments to the Supervisory Board of Jordi
Trias Fita and Hans den Bieman, will be proposed at the AGM on June 4, 2025.

Xavier Govare is a seasoned executive with over three decades of experience in
the food industry, including 15 years as Chairman and CEO of Labeyrie Fine
Foods. During his tenure, he transformed the company into a leading
international food group, growing revenue from €30 million to €1.1 billion and
completing multiple strategic acquisitions. Mr. Govare is renowned for his
strategic vision, marketing expertise, brand development, financial and
operational management. He has extensive experience managing industrial
operations across Europe and navigating complex shareholder structures,
including listed companies, LBOs, and private ownership. He currently serves on
the boards of several organizations in the agri-food and packaging sectors.

In addition to these changes, Michel de Rovira’s mandate as member and Chairman
of the Nomination Committee is up for renewal at the upcoming General Meeting.
The Nomination Committee has nominated Charles Francois to join as a new member
and Chairman. His appointment will be proposed at the AGM on June 4, 2025.

Charles François is an investment professional with over 15 years of
international experience in private equity, corporate strategy, and M&A. He
currently serves as Investment Director at Creadev, leading initiatives within
the aquaculture platform and the broader food industry. Previously, he held key
leadership roles at Roquette, including M&A and Strategy for North America, and
Product Line Management for the Asia Pacific region, driving growth through
strategic investments and cross-functional planning. Mr. François also brings
deep expertise in private equity from his time at Turenne Capital and FCDE, and
a solid foundation in leveraged finance from GE Capital. He is a graduate of EM
Lyon Business School and has completed executive education at Harvard Business
School.

Jeroen Scheelbeek, Chairman of the Supervisory Board, stated: “We are pleased to
propose Xavier Govare for appointment to the Supervisory Board and Charles
Francois as a member and Chairman of the Nomination Committee. Xavier brings a
wealth of international experience in the food sector, and Charles has a strong
background in corporate finance and M&A. We are also pleased to propose the
reappointments of Jordi and Hans, recognizing their valuable contributions to
the Supervisory Board.

We extend our gratitude to Alexandre for his contributions during his tenure on
the Supervisory Board and as a member of the Remuneration Committee. His
knowledge and experience in the industry have been greatly valued. We wish him
all the best in his future endeavors.”

Alexandre van der Wees, commented: “It has been a pleasure and a privilege to
follow The Kingfish Company's journey since 2019 as a member of the Supervisory
Board. Having recently taken a CEO responsibility in the field of aquaculture,
it is now time for me to shift my focus. And I am convinced that my successor
will be a strong addition to The Kingfish Company, as a fresh yet very
experienced set of new eyes.”

Further information will be provided in the context of the Annual General
Meeting, scheduled for June 4, 2025. A full agenda on voting matters for
shareholders will be posted on May 6, 2025.

More information:
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