Corbion N.V. — Board/Management Information 2020

Mar 9, 2020

PRESS RELEASE

DATE 9 March 2020

Corbion nv Piet Heinkade 127 Amsterdam, 1019 GM PO Box 349 1000 AH Amsterdam The Netherlands

T +31 (0)20 590 6911 press@corbion.com www.corbion.com

Corbion strengthens Executive Committee

Corbion today announced it will strengthen its Executive Committee with the appointment of two new members, to help drive its Advance 2025 strategy that will be presented today during a Capital Markets Day in Amsterdam. Marco Bootz, currently Senior Vice President Sales EMEA, has been named President Lactic Acid & Specialties, while Ruud Peerbooms, now Senior Vice President Food, will be President Algae Ingredients. The appointments will be effective as of 1 April 2020.

Since joining Corbion in 2007 in Brazil as Commercial Director for Latin America, Mr. Bootz moved on to lead the Global Chemical and Pharma business, and then became SVP Biochemicals. Mr. Peerbooms joined Corbion in 2014 as SVP Food, and prior to that worked in business development and sales at Kerry Group and Unilever.

CEO Olivier Rigaud commented: "I am really pleased to welcome Marco and Ruud to the ExCo team; they bring in-depth knowledge of the global Corbion business as well as the leadership qualities to successfully execute our growth agenda in the coming years."

Six Executive Committee members will continue: next to CEO Olivier Rigaud and CFO Eddy van Rhede van der Kloot these are: Jacqueline van Lemmen (Chief Operations Officer), Johan van der Hel (Chief Human Resources Officer), Andy Muller (President Sustainable Food Solutions) and Marcel Wubbolts (Chief Science & Sustainability Officer).

For more information, please contact:

Analysts and investors: Jeroen van Harten, Director Investor Relations +31 (0)20 590 6293, +31(0)6 21 577 086

Press: Tanno Massar, Director Corporate Communications +31 (0)20 590 6325, +31 (0)6 11 589 121

Background information:

PRESS RELEASE

Corbion is the global market leader in lactic acid, lactic acid derivatives, and a leading company in emulsifiers, functional enzyme blends, minerals, vitamins and algae ingredients. We develop sustainable ingredient solutions to improve the quality of life for people today and for future generations. For over 100 years, we have been uncompromising in our commitment to safety, quality, innovation and performance. Drawing on our deep application and product knowledge, we work side-by-side with customers to make our cutting-edge technologies work for them. Our solutions help differentiate products in markets such as food, home & personal care, animal nutrition, pharmaceuticals, medical devices, and bioplastics. In 2019, Corbion generated annual sales of € 976.4 million and had a workforce of 2,138 FTE. Corbion is listed on Euronext Amsterdam. For more information: www.corbion.com