Board of Directors1

Wolfgang Reitzle, German national, born 1949, Chairman of the Board and of the Governance & Strategy Committee since April 29, 2014, Member of the Nomination & Compensation Committee. He studied engineering and economics at the Technical University of Munich and holds a Degree and a PhD in Mechanical Engineering. From 1976 to 1999 he worked for the car manufacturer BMW, where in 1987 he was appointed regular member of the Executive Board, responsible for research and development. In 1999, he took over as CEO of the Premier Automotive Group and Vice President of the US car manufacturer Ford. In 2002, he joined the Executive Committee of Linde, a world-leading gases and engineering company, and was CEO from 2003 to 2014. Wolfgang Reitzle is also Chairman of the Supervisory Board of Continental AG, Hannover, and Member of the Supervisory Board (as of June 1, 2014 Chairman of the Supervisory Board) of Medical Park AG, Amerang, Germany and Member of the Supervisory Board of Springer SE, Berlin, Germany. He was elected to the Board of Directors of Holcim Ltd in 2012. He is also a member of the Supervisory Board of Hawesko AG, elected in 2014.

Beat Hess, Swiss national, born in 1949, Deputy Chairman of the Board of Directors, Member of the Nomination & Compensation Committee until April 17, 2013, Member of the Audit Committee since April 17, 2013 and Member of the Governance & Strategy Committee since January 1, 2013. He holds a doctorate in law and is admitted to the bar in Switzerland. From 1977 to 2003, he was initially Legal Counsel and subsequently General Counsel for the ABB Group. From 2004 until the end of 2010, he was Legal Director and Member of the Executive Committee of the Royal Dutch Shell Group, London and The Hague. He is also a Member of the Board of Directors and Member of the Chairman’s and Corporate Governance Committee, and the Chairman of the Compensation Committee of Nestle S.A., Vevey, and Vice-Chairman and Member of the Nomination and Compensation Committee of the Board of Directors of Sonova Holding AG, Stafa. He was elected to the Board of Directors of Holcim Ltd in 2010.

Alexander Gut, British and Swiss national, born in 1963, Member of the Board of Directors, Chairman of the Audit Committee since April 17, 2013. He holds a doctorate degree in Business Administration (Dr. oec. publ.) from the University of Zurich, and is a Swiss Certified Accountant. From 1991 to 2001, he was with KPMG in Zurich and London and from 2001 to 2003 he was with Ernst & Young in Zurich and was promoted to Partner in 2002. From 2003 to 2007, he was a Partner with KPMG in Zurich, and was promoted to the Executive Committee of KPMG Switzerland in 2005. Alexander Gut is the Founder and Managing Partner of Gut Corporate Finance AG, an independent corporate finance advisory firm in Zurich. He is a Member of the Board of Directors and Chairman of the Audit Committee of Adecco S.A., Cheserex, Switzerland. He was elected to the Board of Directors of Holcim Ltd in 2011.

Adrian Loader, British national, born in 1948, Member of the Board of Directors, Chairman of the Nomination & Compensation Committee since April 29, 2014. He holds an Honours Degree in History from Cambridge University and is a Fellow of the Chartered Institute of Personnel and Development. He began his professional career at Bowater in 1969, and joined Shell the following year. Until 1998, he held various management positions in Latin America, Asia, Europe and at corporate level. In 1998, he was appointed President of Shell Europe Oil Products and became Director for Strategic Planning, Sustainable Development and External Affairs in 2004. From 2005, he was Director of the Strategy and Business Development Directorate of Royal Dutch Shell and became President and CEO of Shell Canada in 2007, retiring from Shell at the end of the year. In January 2008, he joined the Board of Directors of Toronto-based Candax Energy Inc. and was Chairman until June 2010. He then served as Chairman of Compton Petroleum, Calgary, until August 2012. He is currently Chairman of the Board of Directors of Oracle Coalfields PLC, London, and a Member of the Board of Sherritt International Corporation, Toronto, and a member of the Board of Alderon Iron Ore, Montreal. He further serves as a member of the International Advisory Board of Garda World, Montreal. He was elected to the Board of Directors of Holcim Ltd in 2006.

Jürg Oleas, Swiss national, born in 1957, holds an MSc in mechanical engineering from the Swiss Federal Institute of Technology (ETH) in Zurich, Switzerland. He is CEO of GEA Group Aktiengesellschaft, a Düsseldorf-based mechanical engineering company listed on Germany’s MDAX stock index. GEA Group is one of the largest system suppliers for the food processing industry and a wide range of other process industries. Jürg Oleas has been a member of the GEA Group Executive Board since joining the company in May 2001. Initially responsible for the Group’s chemical activities, he was appointed CEO of GEA Group on November 1, 2004. Before joining the GEA Group, he spent nearly 20 years with ABB and the Alstom Group, where he held several management positions. He is a member of the Board of RUAG Holding AG, Bern (Switzerland). He was elected to the Board of Directors of Holcim Ltd in 2014.

Thomas Schmidheiny, Swiss national, born in 1945, Member of the Board of Directors, Member of the Nomination & Compensation Committee. He studied mechanical engineering at the ETH Zurich and complemented his studies with an MBA from the IMD Lausanne (1972). In 1999, he was awarded an honorary doctorate for his services in the field of sustainable development from Tufts University, Massachusetts. He began his career in 1970 as Technical Director with Cementos Apasco and was appointed to the Executive Committee of Holcim in 1976, where he held the office of Chairman from 1978 until 2001. He was elected to the Board of Directors of Holcim Ltd in 1978 and was Chairman of the Board from 1984 until 2003.

Hanne Birgitte Breinbjerg Sørensen, Danish national, born 1965, Member of the Board of Directors, member of the Nomination & Compensation Committee since April 29, 2014. Until the end of the year 2013 she was the CEO of Maersk Tankers, Copenhagen and as of January 1, 2014 she is the CEO of Damco, another company of the A.P. Møller-Maersk Group. Hanne Birgitte Breinbjerg Sørensen holds an MSc in Business Economy from the University of Aarhus. She was elected to the Board of Directors of Holcim Ltd in 2013.

 

Dieter Spälti, Swiss national, born in 1961, Member of the Board of Directors, Member of the Audit Committee, Member of the Governance & Strategy Committee since January 1, 2013. He studied law at the University of Zurich, obtaining a doctorate in 1989. He began his professional career as a credit officer with Bank of New York in New York, before taking up an appointment as CFO of Tyrolit (Swarovski Group), based in Innsbruck and Zurich, in 1991. From 1993 until 2001, he was with McKinsey & Company, ultimately as a partner, and was involved in numerous projects with industrial, financial and technology firms in Europe, the USA and Southeast Asia. In October 2002, he joined Rapperswil-Jona-based Spectrum Value Management Ltd. as a partner, the firm which administers the industrial and private investments of the family of Thomas Schmidheiny. Since 2006, he has been CEO of Spectrum Value Management Ltd. He was elected to the Board of Directors of Holcim Ltd in 2003.

Anne Wade, US national, born 1972, Member of the Board of Directors, member of the Governance and Strategy Committee since April 29, 2014. From 1995 to 2012, she was Senior Vice President and Director of Capital International, based in London. Anne Wade is currently a Member of the Board of Trustees of the FB Heron Foundation in New York. She graduated with a BA from Harvard University and holds a Master of Science from the London School of Economics. She was elected to the Board of Directors of Holcim Ltd in 2013.

1 Status as of December 31, 2014. For further information on major Swiss and foreign mandates of the Board of Directors outside the Holcim Group, see chapter Board of Directors.