Mr Sanchez was elected as a member of the Supervisory Board on September 29, 2021, for a period of four years. It is proposed to the Annual General Meeting of May 12, 2025 to reappoint him for another four years.

Adalio Sanchez is an information technology industry veteran and a successful senior executive with a strong track record in transforming and growing complex global businesses. Mr. Sanchez was with IBM Corporation from 1982 to 2014 where he held various senior executive officer and global general management roles. Most recently, he led two IBM divisions with combined annual revenues exceeding six billion US dollars. Prior roles included Vice President of Corporate Strategy, and before that he ran IBM’s Microelectronics division, where he was responsible for semiconductor process technology development, device engineering, manufacturing, and IBM’s intellectual property portfolio.
After IBM, Mr. Sanchez was with Lenovo Group Limited, from 2014 to 2015, and served as Senior Vice President of the Lenovo’s Enterprise Systems Group with responsibility for the company’s server, storage, cloud, and datacenter technologies business.

Mr. Sanchez currently serves as a non-executive Board of Directors member of the Nasdaq-listed US-based companies: Avnet, Inc. a global semiconductor sales and distribution company; and ACI Worldwide, Inc. a global software company facilitating electronic real-time digital payments, where serves as Chair of the Board. Mr. Sanchez previously served on the Board of Directors of Snap One Holdings Corp. and Quantum
Corporation, also Nasdaq-listed US companies.

Mr. Sanchez has a bachelors degree in electrical engineering from the University of Miami, and an MBA from Florida International University. He was inducted to United States Academy of Engineering in 2023. He is a US national.