Mr. Herman Daems has decided to resign from the Board of Directors of Barco NV. The Board has nominated Mr. Charles Beauduin to succeed Mr. Daems as member and as chairman effective January 1st 2015. In order to comply with the requirements of the new Belgian banking legislation, limiting the number of directorships a bank chairman can hold, Herman Daems has decided to step down as director and chairman of Barco.

The Board has accepted his resignation. The Board of Directors has also decided to appoint Mr. Beauduin as new chairman of the Board. Mr. Beauduin is CEO and owner of Michel Van de Wiele NV since 1993.