The board of directors of SMN Power Holding SAOG approved the appointment of Mr. Gillian-Alexandre Huart as Chief Executive Officer of the company, in replacement of Mr. Johan Van Kerrebroeck, appointment of Mr. Johan Van Kerrebroeck as a director, in replacement of Mr. Mario Savastano, election of Mr. Johan Van Kerrebroeck as chairman of the company, in replacement of Mr. Mario Savastano and appointment of Mr. Johan Van Kerrebroeck as member of the Audit Committee of the company in replacement of Mr. Mario Savastano at the meeting of the board of directors held on 16 January 2014.