Board of Management/Executive Committee

Responsibilities

The Board of Management (composed of the Chief Executive Officer and the Chief Financial Officer) is entrusted with the day-to-day leadership and strategic direction of the company. In accordance with the Code, the Board of Management is collectively responsible for the continuity of the company and for creating long-term value for all stakeholders. This includes formulating and executing the strategy, managing risks, ensuring compliance with laws and regulations, and maintaining effective internal controls. The Board of Management oversees the operational performance of the company and ensures that the organization is structured and resourced to achieve its strategic objectives. It is also responsible for fostering a culture of integrity, transparency, and accountability throughout the company. It provides timely and accurate information to facilitate effective oversight and decision-making. The Board of Management also ensures that ESG considerations are embedded in the company’s strategy and operations. The Board of Management is supervised by the Supervisory Board and maintains an open and constructive dialogue with them and with other stakeholders.

Working alongside the Board of Management, the Executive Committee plays a vital role in the company’s leadership and operational execution. The Executive Committee, composed of senior functional and business leaders, provides strategic guidance, drives cross‑functional alignment, and ensures the effective execution of corporate priorities across the organization. While the Board of Management holds formal accountability for the company’s strategy, risk management, and performance, the Executive Committee enhances decision-making by bringing diverse perspectives and deep operational expertise. This collaborative structure enables agile responses to market developments and supports Corbion’s ambition to deliver sustainable growth and long-term value creation. In line with Corbion’s two-tier governance structure, the Executive Committee and the Supervisory Board maintained a constructive and transparent working relationship throughout 2025. The Executive Committee, guided by the Board of Management, met regularly with the Supervisory Board to share business progress, discuss innovation strategy, and review key organizational developments. These meetings provided a platform for in-depth dialogue, enabling the Supervisory Board to effectively fulfill its oversight responsibilities and offer guidance on key decisions.

The interaction was marked by open communication and mutual respect, ensuring that the Supervisory Board remained well-informed and engaged in the company’s progress. The Executive Committee provided comprehensive updates and insights, facilitating informed discussions and timely decision-making. This collaborative approach contributed to the company’s ability to navigate a dynamic external environment while remaining focused on long-term value creation.

For a more detailed description of the responsibilities of the Board of Management and the Executive Committee, please refer to the Rules of the Board of Management/Executive Committee (new window).

Composition and appointment

The Articles of Association and the Rules of the Board of Management/Executive Committee provide that the Board of Management consists of two or more members, which number is to be determined by the Supervisory Board. The CEO determines the number of Executive Committee members. The composition of the Executive Committee and brief résumés of its members are in the section Governance and risk management - Our Board of Management and Executive Committee in this report.

The members of the Board of Management are appointed by the General Meeting of Shareholders on the basis of nominations by the Supervisory Board. The Corbion Articles of Association state that the General Meeting of Shareholders can overrule any such nomination by an absolute majority of the votes cast, provided said majority represents at least one-third of the issued capital. No second meeting will be convened if there is no quorum, as a second meeting is not required by Dutch law.

The Supervisory Board is authorized at all times to suspend a member of the Board of Management. The General Meeting of Shareholders may decide to suspend or dismiss a member of the Board of Management by an absolute majority of the votes cast, provided said majority represents at least one-third of the issued capital. This quorum requirement does not apply if the proposal for suspension or dismissal is submitted by the Supervisory Board. No second meeting will be convened if there is no quorum, as a second meeting is not required by Dutch law.

Each member of the Board of Management is appointed for a maximum period of four years with the possibility of reappointment for consecutive four-year terms in accordance with the Code. The other members of the Executive Committee are appointed, suspended, and dismissed by the CEO, subject to consultation with the Supervisory Board.

This year, the Executive Committee (excluding the Board of Management) underwent significant change to strengthen its leadership structure. The updated six-member Executive Committee is structured to foster collaboration, agility, and faster decision-making, supporting Corbion’s long‑term success in sustainable ingredients. Jacqueline van Lemmen, Corbion's COO and executive member since 2017, has retired, closing a distinguished career that spanned many years of service and leadership with significant contributions to Corbion's operational excellence. Additionally, Jennifer Lindsey, Corbion's Chief Marketing and Digital Officer, stepped down from the Executive Committee. Jennifer played a pivotal role in strengthening the company's marketing capabilities, driving data-driven insights, and customer engagement strategies. The Board of Management expresses its sincere appreciation for both Jacqueline's and Jennifer's commitment and achievements, which have helped shape the company’s as it is today.

Oli Arnason has been appointed as Chief Integrated Supply Chain Officer (CISCO), effective 15 July 2025. This role emphasizes the end-to-end focus on efficient supply chain, procurement, and operations management across the organization. He brings extensive experience in the food and beverage sector, with a proven track record of ensuring global operational excellence and driving collaboration in the entire value chain while enhancing efficiency and maintaining high quality and safety standards. His expertise and leadership will be crucial as Corbion seeks to optimize its processes and deliver enhanced value to customers.

Yves Boland, PhD, joined Corbion as Chief Technology Officer (CTO), effective 1 September 2025. He brings a wealth of experience in fermentation technology and innovation. His customer-centric approach to innovation focuses on creating and capturing value along the entire value chain. This approach will be instrumental in advancing Corbion's commitment to sustainable solutions and enhancing its technological capabilities.

Ruud Peerbooms has taken on the role of Chief Commercial Officer (CCO), effective 1 July 2025, responsible for all commercial activities of Corbion. He previously served as the President of Health & Nutrition and has acted as the CTO a.i. He has been with Corbion for over a decade. He has consistently demonstrated strong commercial leadership in driving value, delivering both top and bottom-line results with a deep understanding of Corbion’s markets.

Remuneration

The remuneration for the individual members of the Board of Management is determined by the Supervisory Board on the proposal of the Remuneration Committee of the Supervisory Board and must be consistent with the policy thereon as adopted by the General Meeting of Shareholders. The current Remuneration Policy applicable to the Board of Management was adopted by the annual General Meeting of Shareholders in 2024 and is published on Corbion’s website. A full and detailed description of the composition of the remuneration for the individual members of the Board of Management is included in the Remuneration report. The remuneration for the other individual members of the Executive Committee shall be determined by the CEO, subject to consultation with the Supervisory Board.

Conflict of interest

Members of the Executive Committee must report any (potential) conflict of interest to the Chair of the Supervisory Board. The Supervisory Board shall decide whether a conflict of interest exists. The member of the Executive Committee who has a (potential) conflict of interest shall not participate in discussions and decision-making on a subject or transaction in relation to which the member has a conflict of interest with the company. Decisions to enter into transactions in which members of the Executive Committee have conflicts of interest that are of material significance to the company and/or to the relevant member(s) of the Executive Committee require the approval of the Supervisory Board. In accordance with best-practice provision 2.7.4 of the Code, the company reports that in 2025, there were no transactions involving a conflict of interest with members of the Executive Committee that was of material significance and that required approval of the Supervisory Board.