Board of Directors

AU D I T O R S7

— KPMG BDO Réviseurs d’Entreprises SCRL, represented by Félix Fank — Ernst & Young Réviseurs d’Entreprises SCCRL, represented by Paul Eelen

E X E C U T I V E B O AR D

— Chris Peeters, Chairman and Chief Executive Officer

— Markus Berger, Chief Infrastructure Officer — Patrick De Leener, Chief Customers, Market & System Officer — Frédéric Dunon, Chief Assets Officer

— Pascale Fonck, Chief External Relations Officer

— Peter Michiels, Chief Human Resources & Internal Communication Officer

— Ilse Tant, Chief Community Relations Officer — Catherine Vandenborre, Chief Financial Officer

S E C R E T A R Y G E N E R AL

— Siska Vanhoudenhoven

The Boards of Directors of Elia Transmission Belgium and Elia Asset consist of 14 members, none of whom perform an executive role within either of those two companies.

The same directors sit on the Boards of both companies.

Half of the directors are independent directors, satisfying the conditions set out in Article 7:87 of the Belgian Code of Companies and Associations, Article 2(30) of the Act of 29 April 1999 on the organisation of the electricity market and in the articles of association, and having received a positive opinion (“avis conforme”/”eensluidend advies”) by the CREG on their independence. The other half are non-independent directors appointed by the General Meeting in accordance with the statutory provisions on proposal of Publi-T, as per the current shareholder

structure.

In accordance with provisions stipulated by legislation and the articles of association, these Boards of Directors are supported by three committees – the Corporate Governance Committee, the Audit Committee and the Remuneration Committee – which are the same for Elia Transmission Belgium and Elia Asset. The Boards of Directors ensure that these committees operate in an efficient manner.

7 The Audit Committee was re-elected at the General Shareholders' Meeting held on May 19, 2020, for a term of three years 15 from that date until the 2023 General Shareholders' Meeting for the financial year ending December 31, 2022.