Ahold Delhaize N : announces Claude Sarrailh as nominee for CEO of Europe & Indonesia and member of the Management Board

Zaandam, May 15, 2024 - Ahold Delhaize announces today that its Supervisory Board has nominated Claude Sarrailh as member of the Management Board. Claude will join the company on 1 September 2024 as Executive Vice President. Following shareholder approval, he will start as member of the Management Board of Ahold Delhaize and CEO of Ahold Delhaize Europe & Indonesia on 1 October 2024.

Claude joins from Metro AG, where he has been Chief Customer and Merchandise Officer and member of the Management Board since 2022. Claude joined Metro in 2006, after a decade with Carrefour, and held several customer, procurement and executive roles in a number of European countries. In addition, he spent three years in China as CEO of Metro China, before joining the Metro Management Board in 2022. Claude is a French national and holds a Master of Finance degree from the Ecole Supérieur de Gestion in Paris. Claude is married and has three children. He will be based in the Netherlands.

Peter Agnefjäll, Chair of the Supervisory Board, said: "We are happy to welcome Claude to Ahold Delhaize. He brings a broad range of experience in emerging and developed markets as well as group functions including retail, digital, wholesale and food service. He is passionate about building commercial and strategic capabilities, developing people, and creating inclusive and results-focused cultures. Claude will be a great addition to Ahold Delhaize's Executive Committee and the company overall."

Claude added: "I have long admired Ahold Delhaize as a company, and I'm delighted to join a team that is dedicated to delivering high-quality products and services to millions of customers across Europe and Indonesia. Like Ahold Delhaize I value diversity in teams, and I'm looking forward to getting to know the various local brands that fall under the company's umbrella and connecting with the people and communities. Each brand has its unique strengths and challenges, and I'm eager to learn more about how they operate and what makes them successful."

Frans Muller, CEO of Ahold Delhaize, said: "I am excited that Claude will be joining our company. He is a seasoned executive with a broad international track record and a passion for retail, customer innovation and people. He brings extensive commercial experience in the food industry and a wealth of knowledge when it comes to leading teams and transformation strategies. His international background with deep expertise in areas such as sourcing, digital, omnichannel retail business is a great fit for Ahold Delhaize and our great local brands in Europe and Indonesia. We look forward to welcoming him."

Claude will be nominated by the Supervisory Board to be appointed member of the Management Board at an upcoming Extraordinary General Meeting (EGM) of shareholders, the date of which will be announced in due course. Current Ahold Delhaize Europe & Indonesia CEO Wouter Kolk will step down from the Management Board per 1 October 2024.