Annual report 2003

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Executive Committee Thomas Leysen, 43 Chief Executive Officer Thomas Leysen holds a law degree from the University of Leuven. He started his career in the shipping and commodity trading business. He joined Umicore in 1990 and held various executive positions. He became CEO of Umicore in 2000. He is also chairman of VUM Media, chairman of Agoria and Eurometaux, and a member of the board of Atlas Copco. Jean-Luc Deleersnyder, 42 Executive Vice-President Business group Zinc, Purchasing & Transportation Jean-Luc Deleersnyder holds a Masters degree in Electromechanical Engineering and a PhD in Operations Management from the University in Ghent. He was also a CIM Fellow at North Carolina State University. He joined McKinsey & Co in 1988 as a management consultant. He joined Umicore in 1995 where he successively occupied the position of head of the Strategy Department and Corporate Vice-President Human Resources. He was appointed to his present position in 1999. Alain Godefroid, 55 Corporate Vice-President Legal Affairs, Environment Health & Safety Alain Godefroid holds a Law doctorate from the University of Brussels (ULB) and a MCJ from the University of Texas at Austin. After working as a lawyer in the United States and in Europe, he joined Umicore in 1978 as Legal Counsel. He was appointed to his present function in 1995. Marc Grynberg, 38 Chief Financial Officer Finance, Information Systems Marc Grynberg holds a Commercial Engineering degree from the University of Brussels (Ecole de Commerce Solvay). After several management positions in the finance function at DuPont de Nemours in Brussels and Geneva, he joined Umicore in 1996 as Group Controller. He was appointed CFO in 2000. Martin Hess, 51 Executive Vice-President Business unit Automotive Catalysts Martin Hess joined Degussa in 1972 as a commercial trainee. He served in a variety of functions and business units, gathering also extensive international experience in Africa and Asia in the course of totally 18 years living abroad. Since end of 1999, he heads the business unit Automotive Catalysts. He joined the Umicore Executive Committee following the acquisition of PMG.
Hugo Morel, 53 Executive Vice-President Business group Precious Metals Services Hugo Morel holds a Masters degree in Metallurgical Engineering from the University of Leuven. He joined Umicore in 1974 and held several jobs in production, commercial departments, strategy and general management of different units. He was appointed to his present position in 2002. Michel Moser, 45 Corporate Vice-President Corporate Development, Umicore Marketing Services Michel Moser holds a Commercial Engineering degree from the University of Brussels (Ecole de Commerce Solvay) and a postgraduate degree in International Commerce. He joined Société Générale des Minerais (Sogem) in 1983 and held positions in Brussels, New York and Hong Kong. He managed the brokerage Sogemin Metals in London between 1995 and 2000. He joined the Executive Committee in May <strong>2003</strong>. From left to right: Michel Moser, Hugo Morel, Martin Hess, Jean-Luc Deleersnyder, Thomas Leysen, Alain Godefroid, Marc Van Sande, Pascal Reymondet and Marc Grynberg. Pascal Reymondet, 44 Executive Vice-President Precious Metals Products Pascal Reymondet holds an MSc from Stanford University and an Engineering degree from the Ecole Centrale in Paris. He has occupied different engineering and management positions within the Degussa group including management of the Port Elizabeth and Burlington automotive catalyst plants. He became Senior Vice- President of the Precious Metals Group (PMG) in June 2002 and joined the Umicore Executive Committee following the acquisition of PMG. Marc Van Sande, 51 Executive Vice-President Business group Advanced Materials, Copper activities, Research Development & Innovation, Corporate Human Resources Marc Van Sande holds a PhD in Physics from the University of Antwerp as well as an MBA. He joined MHO, a predecessor company of Umicore in 1980, and held several jobs in research, marketing and production. In 1993 he was appointed Vice-President of the Electro- Optic Materials business unit and he was appointed to his present position in 1999. 116 | 117
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Annual report 2003 Umicore’s germ
Page 3 and 4: Umicore is the world leader in coba
Page 5 and 6: Adapting the Group’s structure De
Page 7 and 8: Contribution to Recurring EBIT (1)
Page 9 and 10: however, was in reconfiguring a pre
Page 11 and 12: Sigurd ADLER, Vice President & Gene
Page 13: packaging materials, precious metal
Page 16 and 17: Sales by Business Line Engineered p
Page 18 and 19: 200 150 100 50 0 Sales Trends of Ge
Page 21 and 22: 1| Precious Metals Services is the
Page 23: Source of Materials in 2003 (Expres
Page 26 and 27: Geographical Breakdown of Business
Page 29 and 30: 1| The properties of zinc make it t
Page 31: 120 116 112 108 104 100 96 Share %
Page 34 and 35: 400 350 300 250 200 150 100 50 ('00
Page 37 and 38: 1| Thanks to the acquisition of PMG
Page 39 and 40: 50 40 30 20 10 0 € million R&D Ex
Page 41 and 42: Environment Health and Safety 30 25
Page 43 and 44: Some industry terms & definitions A
Page 45 and 46: Treasury shares and stock option pl
Page 47 and 48: Belgian GAAP IFRS 1999 2000 2001 20
Page 49 and 50: while the growth in primary supply
Page 51 and 52: Compensation of the Executive Commi
Page 53: Jean-Luc Dehaene, 63 Independent no
Page 57 and 58: Main products and applications ADVA
Page 59 and 60: Umicore: a worldwide presence Vanco
Page 61 and 62: Dividends Starting 21 April 2004 If
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Annual report 2003

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