Board of Directors

None of the members of the Board of Directors has ever belonged to the management of a Sulzer company or to the Executive Committee, nor do any significant business relationships, except as noted below, exist between members of the Board of Directors and Sulzer Ltd or a subsidiary of Sulzer Ltd. Vladimir Kuznetsov and Marco Musetti have a close relationship with Sulzer’s largest shareholder. Vladimir Kuznetsov is Managing Director of Renova Management AG and Marco Musetti is Chairman of the Board of Avelar Energy Ltd, a company of the Renova Group. Business relationships in the low single-digit million range exist with companies that are directly or indirectly controlled by the Renova Group. There are no interlocking directorships.

Chairman