Oriflame Holding AG announced that Lilian Fossum Biner and Helle Kruse Nielsen have declined reelection after serving nine and eleven years respectively as a director. Both have contributed in an important way to the company's development. Their contributions over these years are much appreciated.

The Nomination Committee is pleased to nominate Karen Tobiasen and Mona Abbasi as new directors. Karen Tobiasen will bring extensive international HR know-how, business transformation experience and cultural focus to the Board. Mona Abbasi will bring extensive global consumer insight know-how combined with strategic product development experience.

The Oriflame Group's CFO, Gabriel Bennet, was last year in addition to his CFO role appointed as Director to the Board of Oriflame Holding AG in order to, for a transitional period, facilitate the administration of the recent domicile change of the Oriflame Group from Luxembourg to Switzerland. As the domicile change was successfully completed in Quarter 3 2015, Gabriel Bennet will, as originally intended, discontinue his role as Director to the Board. Gabriel Bennet continues in his role as CFO.