Belgian financial group KBC informed the Board of Directors has decided to propose Alicia Reyes REVUELTA to the General Meeting of Shareholders as new non-executive, independent director on the Board of Directors of KBC Group and member of the Audit Committee and the Remuneration Committee of KBC Group.

"Ms. Reyes REVUELTA will replace Ms. Julia KIRALY who announced on 2 November 2021 that for personal reasons she wished to resign as director".

The appointment of Alicia Reyes REVUELTA is subject to regulatory approval by the European Central Bank.

Alicia Reyes REVUELTA has over 26 years of experience in Investment Banking and Private Equity with a strong track record managing global businesses. She is currently an independent Board Member of Ferrovial and Banco Sabadell.

Alicia Reyes REVUELTA was until recently the Chief Executive Officer of Wells Fargo Securities for EMEA, a position she held since 2016. Alicia Reyes REVUELTA managed the markets businesses (Equities, Credit and ABS, FX and Rates Sales and Trading), Investment Banking Division activities (DCM, ECM and M&A) and Structured Lending (including ABS and CDO warehouse lines and Fund Financing) and was responsible for all the Securities regulated legal entities in EMEA for Wells Fargo.

Previously, Alicia Reyes REVUELTA was a partner at Olympo Capital, a Private Equity firm, and before that she served for eight years at Barclays Capital in various senior positions including Head of Distribution for Iberia and concluding as Global Head of Structuring FIG IBD, Global Head of Insurance Solutions and Strategic Equity Derivatives. Alicia Reyes REVUELTA has also previously worked for Bear Stearns as Country Manager for Spain and Portugal, Chief Investment and Financial Officer at Telvent, a venture capital fund focused on TMT and started her career an associate in Derivatives at Deutsche Bank.