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Professor Dr. jur. Carsten P. Claussen 78 was Chairman of the Supervisory Board of the Company from 1988 to June 1999 and was appointed as a Special Advisor and Honorary Chairman in 1999. This position is not required by Dutch law and Professor Claussen is no longer a voting member of the Supervisory Board. For many years he has pursued a career in private banking. Between 1976 and 1987 Professor Claussen was a member of the executive board of Norddeutsche Landesbank Hannover and Chairman of the Hannover Stock Exchange. Since 1987 he has been a lawyer in Duesseldorf and senior advisor to IKB Deutsche Industriekreditbank Düsseldorf. At present he is a partner in the law firm of Hoffmann Liebs and Partner and specializes in corporate law and capital market transactions. He is Chairman of the Board of TON ART AG Duesseldorf; Flossbach & v. Storch Vermögensmanagement AG Cologne; and WAS Worldwide Analytical Systems AG Cleve and is a member of other boards. Professor Claussen received his Ph.D. in law from the University of Cologne. | 