Avantium announces Denis Lucquin to retire from its Supervisory Board

| Business function | Avantium | Amsterdam | Netherlands

Avantium N.V, a leading technology company in renewable chemistry, announces that Denis Lucquin has notified the company of his intention to retire as a member of the Supervisory Board, after serving in it for almost a decade. Mr Lucquin intends to step down at the end of the upcoming Extraordinary General Meeting of Shareholders (EGM) on 30 September 2020.

Denis Lucquin, Managing Partner at Sofinnova Partners, has served on the Supervisory Board of Avantium since May 2011. With the anticipated appointment of Dr. Cynthia Arnold and Dr. Trudy Schoolenberg to the Board at the 2020 EGM, Mr. Lucquin believes that this is a natural moment for him to step down.

Denis Lucquin said: “It has been a privilege to serve Avantium and I am proud of the evolution of the company over the years. Avantium is now well positioned to realise its full potential, advancing its exciting technologies towards commercialisation. I am confident that with the nomination of Dr. Arnold and Dr. Schoolenberg, the Supervisory Board has the capabilities required to support and oversee this next phase of the company’s development. I wish the Supervisory Board and the company every success in the future.”

Edwin Moses, Chairman of the Supervisory Board said: “Denis has been of considerable importance to Avantium’s evolution. He has demonstrated great personal commitment to Avantium’s development and success in many ways. His experience in the industry, his vision and deep insight will be missed. Part of Denis’ legacy is the current Supervisory Board which, with the anticipated appointment of Cynthia and Trudy, comprises an excellent balance of expertise, diversity and capabilities. On behalf of the Supervisory Board, the Management Team and all of Avantium, I would like to express my sincere appreciation to Denis for all his hard work and endeavour on behalf of the company”.