Ontex Group NV’s Board of Directors has accepted the resignation of Luc Missorten, effective from the next Annual General Meeting (‘AGM’) on May 25, 2020. On the recommendation of the Board of Directors (‘Board’), Hans Van Bylen, former CEO of Henkel, will be proposed to Ontex shareholders at the same AGM for election as an independent director, in view of naming him Chairman of the Board. After 35 years with Henkel, including 15 years as executive board member of which four years as CEO, Hans Van Bylen decided to step down as per January 2020. Mr. Van Bylen will bring deep industry knowledge and breadth of experience spanning the FMCG sector, retail brand space, manufacturing and supply chain. Mr. Van Bylen has previously served on the board of GfK and Ecolab and is President of the German Chemical Industry Association.