Marnix Galle*

Chief Executive Officer and Executive Chair
Chair of the Nomination Committee
Chair of the Executive Committee
Chair of the Investment Committee

* Mandate executed by the company A³ Management BV, represented by Marnix Galle.

Marnix GALLE (59) began his professional career in 1987 at Cegos Belgium as a consultant, after having studied economics at Tulane University in New Orleans, Louisiana, USA. In 1989 he took his first steps in the real estate sector (family portfolio). His ow +company Allfin (°2001) became one of the leading real estate developers in Belgium. In 2014, Allfin took a 29% stake in Immobel, listed on the Brussels Stock Exchange since 1863. Following the merger between Allfin Group and Immobel in 2016, he became its Executive Chair.


Patrick Albrand

Member of the Board of Directors
Member of the Audit & Risk Committee
Member of the Investment Committee

Patrick ALBRAND (67) holds a Master of Architecture degree from the Paris Ecole des Beaux-Arts (1980) and a Master’s degree in Real Estate Development from Columbia University (1988). He joined Hines in 1995 and was instrumental in the creation and supervision of its French subsidiary. He has been active in the overall development of Hines France, both in the Development and the Investment Management activities. Prior to working at Hines, he was the Director in charge of Development at Bouygues Real Estate in Paris (1989-1995), where he arranged joint ventures with outside developers and
investors. He was a Senior Research Associate at Lawrence Berkeley Laboratory in Berkeley, California (1983-1987), and prior to that, worked for the Ministry of Interior of Morocco (1980-1982).

Astrid De Lathauwer*

Member of the Board of Directors
Chair of the Remuneration Committee
Member of the Nomination Committee

* Mandate executed by ADL Comm.V, represented by Astrid De Lathauwer.

Astrid DE LATHAUWER (59) holds degrees in International Politics and Diplomatic Sciences (KU Leuven), a Bachelor in History of Art (RU Ghent) and completed an Executive MBA at Stanford, California. She brings over 30 years of international Human Resources experience. She started her career in marketing and moved to Human Resources very early in her career as the HR Manager for Eastern Europe with Monsanto. In 1990 she became the HR Leader for Central & Eastern Europe and subsequently the entire EMEA region for the Communications Services Division of AT&T. In 1994 she relocated to the US, first as the HR Director of the AT&T Microelectronics Division internationally, and subsequently as the Executive HR Director at HQ, managing the employment conditions of all Executives outside the US. In 2000 she returned to Belgium and became the CHRO and Member of the Executive Committee at Proximus until 2011, and later the HRVP and Member of the Executive Committee at Ontex until 2022.


Wolfgang de Limburg Stirum*

Member of the Board of Directors
Member of the Audit & Risk Committe

* Mandate executed by LSIM sa, represented by Wolfgang de Limburg.

Wolfgang de LIMBURG STIRUM (51) holds an MBA from the Booth School of Business at the University of Chicago (USA), a Bachelor’s degree in Management Engineering and a Master’s degree in Applied Economics and Management from the Louvain School of Management (Belgium). Over the past twenty years, he has built up a solid experience in finance and private equity in Europe and the United States, investing in a wide range of sectors, such as healthcare, specialty chemicals, industrial niche products, services, entertainment and media. He is a Managing Partner of Ergon Capital, a mid-market private equity fund with a portfolio of approximately EUR 2.5 billion, which he joined in 2005. Prior to that, he spent most of his career in investment banking (mergers and acquisitions) at Lehman Brothers in New York and London, where he became co-head of the European
Healthcare M&A team. He is currently also a director of Haudecoeur, Telenco, Sausalitos, Opseo, SVT, Stationary Care Group, Dental Service Group and VPK Group.

Pierre Nothomb*

Member of the Board of Directors
Member of the Remuneration Committee
Chair of the Audit & Risk Committee

* Mandate executed by Pierre Nothomb srl, represented by Pierre Nothomb.

Pierre NOTHOMB (60) has a Master in Applied Economic Sciences (UCL Louvain-laNeuve). He joined Deminor 32 years ago at its foundation. He has several mandates as director of companies or associations including Sibelco, ULB Foundation, Build UP, the FIIS
Kimbal, Imperbel-Derbigum, and Epsylon. He is also Chairman of the Deminor companiesand member of the advisory committee of DIMFunds (with DegroofPetercam Manco). He is a member of the audit committee of Imperbel and of the psychiatric care network of La
Ramée - Fond’Roy. In addition, he is a certified mediator in civil and commercial matters since 2022. Before joining Deminor in 1991, he worked as a senior auditor at Coopers & Lybrand (now PricewaterhouseCoopers), and subsequently as a financial consultant at Petercam Securities. He was also director of ForSettlement (Fortis), member of the audit committee of Sabam and CEO of the toy retailer Christiaensen International.

Michèle Sioen*

Member of the Board of Directors
Member of the Audit & Risk Committee

* Mandate executed by M.J.S. Consulting bv, represented by Michèle Sioen.

Michèle SIOEN (58) holds a Master’s degree in Economics and has completed management programmes at Vlerick Business School, among others. She is the CEO of Sioen Industries, a multinational specialised in the production of technical textiles an professional protective clothing. She was Chair of the FEB between 2015 and 2017 and is now Honorary Chair. In addition to her daily involvement in Sioen Industries, she is also a director of various Belgian listed companies, including D’Ieteren and Sofina, as well as associations such as Fedustria and Vlerick Business School. Finally, she is closely involved in Art and Culture through her Chairship of KANAL and as a member of the Board of Directors of the Queen Elisabeth Music Chapel.

Olivier Thiel

Olivier Thiel*

Senior Managing Director of France, Germany, Poland and Spain and Head of Development Belgium
Member of the Executive Committee
Member of the Investment Committee

*as permanent representative of SRL Queen-K.

After studying Construction and Real Estate Management at the Hogeschool Antwerpen, Olivier started his career in real estate brokerage in 2006 before joining the capital markets team of Knight Frank Brussels in 2010. In 2013 he joined Alides REIM as development director, managing their major mixed-use urban projects. He joined the Immobel Group in 2016 as Development director of Immobel Belgium until 2020 and is currently Managing director of Immobel Poland (2019) and Head of Development Belgium (2020). Today he also becomes in charge of Germany, France and Spain. In his capacity as "MD France, Germany, Poland and Spain and Head of Development Belgium", he has been appointed as a member of the Executive Committee, effective 1 January 2023. He replaces Fabien Acerbis, who left the company on 2 December 2022.


Annick Van Overstraeten*

Member of the Board of Directors
Member of the Remuneration Committee
Member of the Nomination Committee

* Mandate executed by the civil company A.V.O.-Management srl, represented by Annick Van Overstraeten.

Annick VAN OVERSTRAETEN (57) holds a degree in Economic Sciences (KUL – 1987) and a Master’s degree in Management (IAG-UCL – 1992). She began her career at Philips in 1987 as a project manager in the HR department. Between 1991 and 1999, she worked
in the retail sector, in particular in the textile sector (New-D, Mayerline). She then worked as Commercial & Marketing Director at Confiserie Leonidas (1999-2004). From 2004 to 2009, she was the Operational Director of Quick Restaurants Belux NV. From 2010 until 2020, she occupied the position of CEO and Director of Lunch Garden Group. In 2020, she was appointed CEO at Le Pain Quotidien. She is an independent Director of Financière de Tubize SA/NV, as well as of Euro Shoe Group NV.