Ontex Group NV announced that its Board of Directors met on April 10, 2015, and decided changes to its Board of Directors and related committees following the sale of all remaining shares by Whitehaven B S.Ã r.l. As part of these changes, Luc Missorten has been unanimously appointed as Chairman of the Board with immediate effect, and succeeds Paul Walsh, who has resigned from his position on the Board. Following the sale of all remaining shares by The Goldman Sachs Group Inc. and TPG Group Holdings (SBS) Advisors Inc., via their affiliated entity Whitehaven B, their six nominated Directors Paul Walsh, Alex Mignotte, Antonio Capo, Michele Titi-Cappelli, Richard Butland and Simon Henderson have resigned from the Board of Directors. Ontex strengthened its Board of Directors at the time of the IPO with three Independent Non-Executive Directors, to allow for a smooth transition in case of changes in the capital structure of the Group.

Gunnar Johansson, Independent Director of Ontex Group NV, is appointed as Chairman of the Remuneration and Nomination Committee, replacing Luc Missorten. Mr. Missorten has been the Chief Executive Officer of Corelio from 2007 until September 2014, and remains a serving board member, a position he has held since 2007.