Business Wire

LBC

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Appointment of New Chairman to the Board of LBC Tank Terminals

The Board of LBC would like to announce that the chairman of LBC, François Cornélis, has stepped down from this position, with immediate effect. Mr Cornélis has recently accepted a new, interim assignment as the CEO of Belgium’s electricity transmission system operator, Elia and therefore felt unable to continue in his role as the Chairman of LBC.

LBC will now initiate a search for a new permanent, independent Chairman for LBC. In the meantime, the Board of Directors has appointed Edward Sigar as the interim Chairman. Mr Sigar has been a director on the LBC Board since 2012.

The Board would like to express its gratitude to François for his chairmanship of the company.

About LBC Tank Terminals

LBC Tank Terminals is one of the largest independent operators of bulk liquid storage terminals and the second largest independent chemical storage company in terms of global storage capacity. LBC Tank Terminals currently manages a substantial network of port terminals with a combined storage capacity of approximately 2.8 million m3 at key locations in the USA, China and along the European coastline in the Netherlands, Belgium, France, Spain and Portugal.

Additional information about LBC Tank Terminals is available at www.lbctt.com .

Contact:

LBC
Public Relations contact
C. Schosser, 0032 15 28 73 10
c-schosser@lbctt.com

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