Executive directors: 1 person
Non-executive directors (excl. independent directors): 1 person
Independent directors: 7 persons
Total board size: 9 persons

In Article 12 of the Swiss Code of Best Practice for Corporate Governance, Members of the Board of Directors should be persons with the abilities necessary to ensure an independent decision-making process in a critical exchange of ideas with the Executive management. The Majority of the Board should, as a rule, be composed of members who do not perform any line management function within the company (non-executive members). As a Swiss-based company Clariant fulfils these provisions and ensures the independency of its Board by these provisions.

The current Board of Directors consists of 7 independent directors, the CEO and one non-executive director not considered independent. Mr von Au has been indicated as not independent director considering that he was formerly the CEO of Süd-Chemie AG which Clariant acquired in 2011. He resigned from his position at Süd-Chemie on 31 March 2012, and joined the Board of Clariant on 1 April 2012. He thereby does not perform any line management function within the company.

There is one woman on Clariant’s board of directors/supervisory board: Mrs Susanne Wamsler was elected as member of the Board of Directors at the Annual General Meeting 2015.

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