Nutreco appoints new Managing Director Asia

Nutreco has appointed Samson Li (Chinese national, 42) as the new Managing Director for its business unit Asia and member of Nutreco's Executive Committee with effect from 15 September 2014. Based in Hong Kong, Li will lead Nutreco's expansion in the Asian animal and fish feed markets. He will report to Knut Nesse, CEO of Nutreco.

Li holds an MBA and a Bachelor of Science degree in chemistry and a minor in economics from the Chinese University of Hong Kong. Previously he has worked for Novus International, an animal health and nutrition company, where he has held various management positions since 2001, most recently as a member of the Executive Leadership Team and Vice President Sales & Marketing based in St. Louis, USA. Li will succeed Hugues Le Ruz, who has been appointed as Managing Director for Nutreco's business unit Americas.

Nutreco has premix and fish feed plants in China, Vietnam, Indonesia and Japan and its total revenues in Asia amounted to approximately € 300 million in 2013. With a strategy focused on improving profitability by providing innovative and sustainable nutritional solutions to its customers, Nutreco has sound growth prospects in the Asian market.

"Nutreco is a leading player in the global animal and fish feed business and very much an R&D driven company," said Samson Li. "I look forward to taking Nutreco's ambitions in Asia to the next level."

Knut Nesse, CEO Nutreco: "I'm very happy that Samson Li will join Nutreco. He brings with him a wealth of experience, not only in our industry, but also generally in doing business in Asia. I'm confident his leadership will help us to accelerate our business growth in Asia."

END OF PRESS RELEASE

Note to the editor (not for publication)
This press release is also published in Dutch. In the event of differences, the English language version shall prevail as the authoritative version.

Driving sustainable growth
Nutreco's strategy 'Driving sustainable growth' is to grow and improve profitability by providing innovative and sustainable nutritional solutions for its customers. This will be realised by focusing on a higher value-added portfolio of nutritional solutions such as premixes, feed specialties and fish feed, and by expanding into the growth geographies of Latin America, Russia, Asia and Africa, which will see the largest increases in both production and consumption of animal protein food products.

Nutreco
Nutreco is a global leader in animal nutrition and fish feed. Our advanced feed solutions are at the origin of food for millions of consumers worldwide. Quality, innovation and sustainability are guiding principles, embedded in the Nutreco culture from research and raw material procurement to products and services for agriculture and aquaculture. Experience across 100 years brings Nutreco a rich heritage of knowledge and experience for building its future. Nutreco employs approximately 10,000 people in 30 countries, with sales in 80 countries. Nutreco is listed on the NYSE Euronext stock exchange in Amsterdam and reported annual revenue of € 5.2 billion in 2013.

www.nutreco.com

Investor and analyst enquiries
Jurgen Pullens, Director Investor Relations
T +31 (0) 33 422 6134
M +31 (0) 6 5159 9483
E jurgen.pullens@nutreco.com

Media enquiries
Mark Woldberg, Manager Corporate Communication
T +31 (0) 33 422 6178
M +31 (0) 6 1503 3036
E mark.woldberg@nutreco.com

The full press releases in English and Dutch are attached in the pdfs below.