NITIN NOHRIA NOMINATED NEW CHAIRMAN, SUCCEEDING AJAY BANGA
- Net cash position up €4.7 billion, at €0.8 billion at year-end
- NAV at year end at €28.2 billion. NAV per share declined 7.6%, while outperforming the MSCI World
Index by 6.6 p.p., mainly driven by the market performance of listed companies and cash position - Board of Directors nominates for AGM appointment Nitin Nohria as new Chairman, Senior Non-
Executive Director and Sandra Dembeck and Tiberto Ruy Brandolini D’Adda as new Non-Executive
Directors - Board of Directors approved today final €150 million tranche of the €500 million share buyback
program - Ordinary dividend of €100 million corresponds to €0.44 per share to be paid, subject to AGM
approval
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