Avantium proposes to re-appoint Tom van Aken as CEO

| Business function | Avantium N.V. | Amsterdam | Netherlands

Avantium N.V., a leading technology company in renewable chemistry, announces that its Supervisory Board nominates Tom van Aken for re-appointment as CEO and member of the Management Board for a four-year term (May 2021 – May 2025). The proposed re-appointment of Tom van Aken is subject to shareholder approval at the Annual General Meeting of Shareholders (AGM) that will be held on 19 May 2021.

Tom van Aken joined Avantium in 2002 as Vice President of Business Development. He later became Avantium’s Vice President of Global Marketing and Sales. In 2005, Tom was appointed as CEO. Prior to joining Avantium, he was Business Development Director at DSM Fine Chemicals, Inc. Tom has a Master’s degree in Chemistry from the University of Utrecht, the Netherlands.

“The Supervisory Board is pleased to nominate Tom van Aken for re-appointment as CEO and member of the Management Board,” says Edwin Moses, Chairman of the Supervisory Board of Avantium. “Tom has played an important role in building Avantium into a leading company in renewable chemistry. Avantium is now entering the next phase of the commercialisation of its renewable technologies and the intended re-appointment will help us maintain the necessary momentum as we move forward”.

The full details and agenda for the AGM will be published on the Avantium website in due course.