gategroup Holding AG: Extraordinary General Meeting elects new Board of Directors

Subject to the offer being successful, shareholders representing 50.53% of all outstanding shares elected the following members to the Board of Directors of gategroup: Adam Tan, Di Xin, Frank Nang, Stewart Gordon Smith and Xavier Rossinyol (all new) and Frederick W. Reid who is already a member of the Board of Directors. Adam Tan has been elected as Chairman of the Board of Directors and together with Di Xin and Frederick W. Reid also as member of the Compensation Committee. The elections were held each for a term extending until the end of the next annual general meeting of shareholders.

With the positive shareholders vote on these agenda items, another condition for the successful closing of the offer has been met. The newly elected Board of Directors is to assume office on the day of the closing of the offer. Until then, the current Board of Directors will remain in in charge.

Contact

communications@gategroup.com

About gategroup
gategroup is the leading independent global provider of products, services and solutions relating to a passenger’s onboard experience. It specializes in catering and hospitality; provisioning and logistics; and onboard products and services to companies that serve people on the move. In 2015, gategroup achieved a total revenue of CHF3.0 billion and an adjusted EBITDA of CHF169.4 million. The company currently employs more than 28,000 people worldwide. For further information: www.gategroup.com

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