DIA Group appoints Basola Vallés to the Board of Directors as an Independent Director

January 15, 2020

Vallés has extensive experience both in the retail and digital sector.

This appointment further strengthens Independents on the Company’s Board.

The Board of Directors of DIA Group has approved the appointment of Basola Vallés, as an Independent Director. The Board has also approved the departure of Michael Casey as Director. Therefore, the Company’s highest governing body will be made up of by seven members, of which fourare Independent, two Directorsand one Executive Director. Vallés provides strategic perspective from the technological arena thanks to her extensive experience in the digital and retail sector.

“I want to welcome Basola Vallés and to thank her for wanting to be part of DIA’s development. Basola has a great professional career and a technological profile that we are sure will provide usan enriching vision. She has a large experience in the area of agile culture of digital companies. With her appointment, the Board is further strengthened not only with robust experience and seniority, but also in terms of best practice in Corporate Governance by increasing the number of Independent Directors,”highlighted Stephan DuCharme, Chairman of the Board of Directors of DIA Group.

Vallés has over 25 years’ experience working with multinational companies wheres he has held various positions in firms with a technological profile, retail and focus on customer service. Currently, she is the CEO of entradas.com, a position she has held since 2015. In addition, she is a member of the Advisory Board of ING Spain, Non-Executive director of Aegon Spain and an Advisor for innovation at ProsegurCash.

“I would like to thank the Chairman of the Board of Directors for the opportunity and I am excited to be part of the change process that the Company will experience. I have been attracted to the professionalism of the management team, the determination to do things right, and the opportunity for a company like DIA to revive its business focusing on the consumer andtrust. My commitment to this project will be to contribute to the business with the knowledge acquired over these years, as well as generating ideas from the digital field and detecting new trends in the retail sector”, commented Basola Vallés, Independent Director of DIA Group.

Stephan DuCharmeChairmanExternal Proprietary Director
Karl-Heinz HollandChief Excutive OfficerExecutive Director
Sergio DiasMemberExternal Proprietary Director
Christian CouvreuxMemberIndependent Director
Jaime García-Legaz PonceMemberIndependent Director
José Wahnon LevyMemberIndependent Director
Basola VallésMemberIndependent Director