ageries BEL announced that, its board of directors meeting held on July 26, 2018 duly noted the nomination of Mr. Bruno Schoch as Unibel's permanent representative to the board of directors, with Mr. Schoch appointed to the position of management board chairman of Unibel and Mr. Schoch terminating his responsibilities as deputy general manager. The resignation of Mr. James Lightburn from his mandate as a member of the Board of Directors and his responsibilities on the Audit Committee and the Appointments and Compensation Committee, and the appointment of his replacement in the person of Mr. Florian Sauvin, a family shareholder and member of the Unibel Management Board who, until now, served as Unibel's permanent representative. The appointment by the Corporate Works Council of Mr. Philippe Perche as the Board of Directors member representing employees for a period of four years following the June 21, 2018 expiry of the mandate of predecessor Mr. Antonio Maria.