Board of Directors

The Board of Directors is ultimately responsible for the policies and management of Barry Callebaut. The Board establishes the strategic,accounting, organizational and financing policies to be followed, and appoints the Senior Management Team, to which the Board of Directors has delegated the operational management of Barry Callebaut. Besides its non-transferable and inalienable duties, the Board has retained certain competencies as set forth in the Company’s Internal Regulations, which are publicly accessible via the Barry Callebaut website.

As of August 31, 2008, the Board of Directors consisted of six non-executive members. Each Director is elected by the shareholders of Barry Callebaut ag at the General Meeting for a term of office of one year and may be re-elected to successive terms.