ForFarmers N.V.

Board/Management Information • Nov 2, 2018

ForFarmers N.V.: Jan Potijk to step down at ForFarmers General Meeting 2019

Lochem, 2 november 2018

Jan Potijk to step down at ForFarmers General Meeting 2019

Jan Potijk, member of the Executive Board1 of ForFarmers and COO of ForFarmers Netherlands, has decided not to be eligible for reappointment during the Annual General Meeting of shareholders on 26 April 2019 when his current tenure ends. He informed the Supervisory Board of this decision vesterday. The Executive Board will consequently consist of the CEO, Yoram Knoop, and the CFO, Arnout Traas after 26 April 2019. ForFarmers has appointed two new members of the Executive Committee, Pieter Wolleswinkel and David Fousert, both internal promotions. They will start in their new positions as of 1 January 2019, allowing a smooth transition of responsibilities. Consequently, after April 2019, the Executive Committee will comprise eight members.

Pieter Wolleswinkel (1977) will become responsible for ForFarmers Netherlands consisting of the Business Units Ruminant, Swine and Poultry. Pieter Wolleswinkel has a degree in veterinary medicine and an MBA, and previous careers as a practicing veterinary doctor and in international leadership positions at Provimi. He joined ForFarmers in 2014 as Business Unit Director North within ForFarmers Germany. As of beginning 2018, Pieter Wolleswinkel has been Business Unit Director Swine within ForFarmers the Netherlands.

David Fousert (1978) will become responsible for the Business Units Reudink, Pavo and ForFarmers Belgium. David Fousert has a degree in pharmacy and had various international leadership positions in the food and agri business at Cargill. He joined ForFarmers in 2016 as Business Unit Director Ruminants within ForFarmers Netherlands.

"I look back on 36 years at ForFarmers and its predecessors and my contribution to what ForFarmers is today. I could not have wished for a more interesting and challenging career. I have decided not to be eligible for a new term as Executive Board member so that I can dedicate more time and energy to other things in my life. I am proud that we have appointed two members of my management team. I have great confidence in both Pieter and David to lead their teams to be commercially successful whilst putting farmers and their needs central in their strategic choices", states Jan Potijk.

Yoram Knoop, CEO of ForFarmers states: "We respect Jan's decision not to stand for another term after his current contract ends. Jan has been of invaluable importance to the development and success of ForFarmers. He informed us of his wish to seize the moment to step down when his mandate would come to an end having identified and trained his successors in his own management team. Pieter Wolleswinkel and David Fousert have proven to be knowledgeable and experienced leaders and we are pleased and proud to announce these two important internal promotions. This change also includes a change in scope for Adrie van der Ven, allowing him to fully focus on our developments in Germany and Poland. We decided to expand our Executive Committee with one member given the increasing size of the organisation as a result of our Horizon 2020 strategy and following recent acquisitions."

1. The Executive Board is the Statutory Board and currently exists of the CEO, CFO and COO the Netherlands. The Executive Board, together with the other four Directors, acts under the title Executive Committee. As of 26 April 2019 the Executive Board comprises the CEO and CFO and there will be 6 Directors, together

making up the Executive Committee.

This press release contains information that qualifies as inside information in the sense of Article 7 paragraph 1 of the EU Market Abuse Regulation.

Note for the editor / For additional information:

Caroline Vogelzang, Director Investor Relations and Communications T: +31 6 10 94 91 61 E: caroline vogelzang@forfarmers.eu

Company profile

ForFarmers N.V. ('ForFarmers', Lochem, the Netherlands) is an internationally operating feed company that offers Total Feed solutions for conventional and organic livestock farming. ForFarmers gives its very best "For the Future of Farming": for the continuity of farming and for a financially secure sector that will continue to serve society for generations to come in a sustainable way. By working side-byside with farmers ForFarmers delivers real benefits: better returns, healthier livestock and greater efficiency. This is achieved by offering tailored and Total Feed solutions and a targeted approach with specialist and expert support.

ForFarmers is active in the Netherlands, Belgium, Germany and the United Kingdom and as of July 2018 also in Poland.

With sales of approximately 9.6 million tonnes of feed annually, ForFarmers is market leader in Europe. In 2017 ForFarmers had 2,325 employees and revenues amounted to over $\epsilon$ 2.2 billion.

ForFarmers will be publishing its Annual Results 2018 on 13th of March 2019.

ForFarmers N.V., Postbus 91, 7240 AB Lochem, T: +31 (0)573 28 88 00 , F: +31 (0)573 28 88 99, info@forfarmers.eu, www.forfarmersgroup.eu/en/

FORWARD-LOOKING STATEMENTS

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