Crescent NV — Board/Management Information 2021

Apr 30, 2021

CONTACT

Phone: +32 477 25 25 50 Address: Nederbosstraat 64, 9810 Eke-Nazareth, Belgium LinkedIn: https://www.linkedin.com/in/paul-matthijs/ Born: 15 Mar 1964 Nationality: Belgium Marital Status: married, 2 children

EDUCATION

MASTER's IN BUSINESS ADMINISTRATION Vlerick Leuven Gent Management School Gent, Belgium, 2000-2001 MASTER's IN ELECTRONIC ENGINEERING Katholieke Industriële Hogeschool Gent, Belgium, 1982-1986

SKILLS

General Management:

Business turnaround Innovation and corporate venturing Acquisition due diligence and integration Intercultural management

Functional Management:

R&D and technology mgt Marketing and product management Global strategic sourcing and co-development Manufacturing outsourcing Sales, OEM and project sales management

LANGUAGES Dutch English French German

PAUL MATTHIJS

RESUME OBJECTIVE

Creating shareholder value by scale-up, growth acceleration, professionalization, business turn-around, or internationalization of small or medium sized private or public companies.

Executive C-level position (including MBI/LBI) with hands-on management practice. Non-executive or advisory position allowing to leverage experience in global business development, M&A, business model and technology innovation, product development and product marketing. Email: paul.matthijs@admodum.be

INDUSTRY SECTOR EXPERIENCE

Technology (hardware, software, IOT and Cloud), health-tech, smart building and smart city, building technology, media & entertainment, digital advertising, visualization, enterprise collaboration, industrial. Business models B2B, B2B2C, B2C through digital routes to market.

PROFESSIONAL EXPERIENCE

Independent board member and advisor

• Director at Limecraft, video production workflow tools (2016-now)
• Director at DobCo, healthcare and radiology imaging workflow (2018-now)
• Advisor at RvA of Renson (2020-now)
• Advisor to start-up LifePowr (2020-now)

VLERICK Group (www.vlerickgroup.be) (2020-now)

Family owned investment group

COO

• Member of the investment committee, providing advise and analysis of new investment opportunities in technology manufacturing, fintech and health-tech.
• Follow-up of the existing shareholdings, in particular companies active in the manufacturing of components for technology sectors such as automotive, industry and aviation (BMT, LVD Group, Magnax).
• Director on the board of LVD Group and Magnax.
• Exploring and identifying new investment opportunities in the area of technology, energy transition, e-mobility.

NIKO Group (www.niko.eu) (2017 – 2019)

Privately owned, revenue €177M, EBIT 18%, European scope, 700 employees.

CEO

• Third generation family owned company active in electrical switching gear and home & building automation. Industry challenged by IOT + B2C entrants (e.g. Apple, Amazon).
• First non-family manager with assignment to professionalize the company, modernize the product offering and brand, and further improve the financial performance.

• Achievements:

• Market exceeding sales growth, EBIT growth 2 pp of sales while increasing investment in manufacturing and product innovation.
• Installed new functional executive management team.
• Defined and executed company-wide strategic planning and mobilization process, including restructurings to stop unprofitable business segments.
• Definition, development and introduction of innovative products and solutions upsmarting company's product portfolio and refreshing company brand. Included creation of strategic partnerships.
• Installed various new business processes and business KPIs improving efficiency.

BARCO N.V. (www.barco.com) (1986 – 2017)

Public (BAR, Euronext Brussels), revenue € 1B, EBITDA 12,5%, global scope, 3600 employees. Global technology company active in professional visualization, entertainment and enterprise collaboration.

Vice President Corporate Technology (2016-2017)

Developing technology vision and technology development roadmap leading Barco to a new positioning within 3 to 5 years. Included internal and external business Senior

Vice President Barco China (2015 – 2016)

• Lead Barco China through a necessary turnaround on the level of the organization, local company culture, compliance towards local government, governance processes and business practices.
• Sales and marketing organization management and go-to-market restructuring.

General Manager Barco Corporate Ventures,

member of Barco Core Leadership Team (2008-2015)

• General Manager of corporate venture Barco LiveDots (Large LED screens for events and advertising applications)
  • Realized business turnaround from heavily loss making to 10% EBITDA.
  • Established a dynamic and entrepreneurial management team driven by dedicated corporate venture KPIs.
  • Learnt to bridge the gap between the DNA of entrepreneurial venture and large Corporation
• Lead portfolio of Barco corporate ventures and related business review processes.
• Due diligence and integration management of several M&A companies.

Vice President Corporate Technology (2008-2009)

• Establishing and building out centralized R&D service center to business divisions.
• Corporate technology strategy in various visualization domains.

Senior Vice President Barco Medical Imaging Division (1995-2008)

• Founded Barco Medical Imaging Systems (currently Barco Healthcare) in 1995 as a corporate start-up and reached €140M sales by 2008 with consistent +15% EBIT.
• Learnt to plan strategy and execute it consistently and predictably.
• Realized growth organically and through acquisitions. Due diligence, integration and daily management of globally spread acquisitions.
• Functional management of R&D, product mgt, marketing and sales.
• Lead company into efficiency initiatives such as outsourced manufacturing in Asia, Six Sigma based quality improvement process.

Various positions in R&D and General Management (< 1995)

• Product development, technology innovation, industrialization
• Co-owner of two patents filed in the field of image quality improvement.

INTERNATIONAL EXPERIENCE

China:

General management, compliance management, business development.

Sales, strategic sourcing and co-development.

Asia:

Strategic sourcing, contract manufacturing, co-development, acquisition due diligence USA (West Coast, East Coast):

Acquisition due diligence and acquisition integration.

Operational management of business division. Business development and marketing in healthcare, media and entertainment sectors.

Europe:

Pan-European sales team development, national sales & marketing strategy. Distribution and wholesale go-to-market development.

NON-EXECUTIVE POSITIONS and EXPERIENCE

Independent director on the board of:

DOBCO: cloud-based imaging; communication and archiving software for the healthcare sector, addressing Radiologists and Physicians in hospitals and the care network. LimeCraft: cloud-based workflow software and platform facilitating video production, addressing TV broadcasters, video production companies, media service companies.

Director, assigned by Vlerick Group, on the board of:

Magnax: start-up active in the design, marketing and manufacturing of electric motors based on axial flux principles, targeting ground e-mobility, energy and aviation markets. LVD Group: private company active in the design, manufacturing and sales of integrated products for the global sheet metalworking market. LVD Group I sactive in 45 countries and has five manufacturing facilities in Belgium, Eastern Europe, North America and China.

Independent advisory roles:

Renson: private company active in ventilation systems, aluminum façade covering and outdoor living infrastructure. Advisory role w.r.t. strategy development and execution. Lifepowr: start-up active in innovative residential energy storage solutions targeting utilities, service providers and consumers. Advisory role on company financing, go-tomarket, industrialization and operations.