Press Release

November 22, 2016

DSM Managing Board change

DSM announces the departure of Managing Board and Executive Committee member Stephan B. Tanda as of 1 February 2017.

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Heerlen, NL, 22 Nov 2016 08:00 CET

Royal DSM, a global science-based company active in health, nutrition and materials, today announces the departure of Managing Board and Executive Committee member Stephan B. Tanda per 1 February 2017.

Stephan joined DSM on 1 March 2007 and became a member of the Managing Board on 1 May 2007.

Within DSM, Stephan is currently responsible for DSM’s Nutrition cluster, oversees DSM’s operations and responsible care function as well as the activities in North- and South-America and is a Board member of DSM’s pharma joint ventures (Patheon and DSM Sinochem Pharmaceuticals).

As of 1 February 2017 Stephan will be appointed as President and CEO of the AptarGroup, Inc. [NYSE: ATR], a global leader in innovative dispensing and sealing solutions. The AptarGroup is based in the USA and reported about €2 billion sales over 2015.

The responsibilities of Stephan Tanda will be re-arranged among the Managing Board and Executive Committee members.

Feike Sijbesma, CEO and Chairman of the DSM Managing Board, commented: “During the years that Stephan worked for DSM he has been instrumental in creating our unique, broad and global Nutrition business from which to build further. We are very grateful for the contributions he has made to the transformation of our company. We respect Stephan’s decision to seize this opportunity and to return to the US. Also on behalf of my colleagues, I wish him every success in this next step of his career. In the coming period we will consider how to re-arrange the responsibilities of Stephan Tanda.”