Nestlé S.A. announced that at its AGM held on April 18, 2024, the shareholders approved all of the board of directors' proposals, including the election of Geraldine Matchett. Geraldine Matchett, previously the Co-Chief Executive Officer and CFO at DSM-Firmenich AG was elected to the company's board of directors. Pablo Isla will assume the role of Lead Independent Director and Vice Chairman, and he will chair the Board?s nomination committee. Dick Boer will chair the Compensation Committee.

Hanne de Mora and Renato Fassbind will continue to chair the Sustainability Committee and the Audit Committee, respectively. Chair's and Corporate Governance Committee: Paul Bulcke, U. Mark Schneider, Renato Fassbind, Pablo Isla, Hanne Jimenez de Mora, Dick Boer. Compensation Committee: Dick Boer, Pablo Isla, Patrick Aebischer, Dinesh Paliwal. Nomination Committee: Pablo Isla, Paul Bulcke, Dinesh Paliwal, Marie-Gabrielle Ineichen-Fleisch.

Sustainability Committee: Hanne Jimenez de Mora, Dick Boer, Lindiwe Majele Sibanda, Chris Leong. Audit Committee: Renato Fassbind, Luca Maestri, Rainer Blair, Geraldine Matchett.