Pierre Nothomb

Deminor International SCRL (Deminor International) is an independent, partner-owned Belgium-based holding firm which was co-founded by Deficom Group, formerly known as Definance, in 1990. In 2003, Deficom Group sold their stake in Deminor International to the Deminor partners. Located in Brussels, the firm focuses on providing legal analysis, valuation, negotitation and closing of corporate financial transactions. They also offer the full scale of Deminor Group's services including advice and assistance regarding corporate governance, the recovery of losses suffered on investments in listed companies and support of the investment team in charge of the Deminor Active Governance Fund. In addition to their home market of Belgium, The Netherlands and Luxembourg, the firm's activities have expanded to other European countries. Their corporate governance services are focused on engagements for institutional investors. They also offer a fully integrated ESG analysis and engagement service to clients.

Deminor SA is a Belgian company that provides consulting services. The private company is based in Brussels, Belgium. The CEOs are Bernard Thuysbaert and Pierre-Alexis Léonard. The company was founded in 2013.

Drs. The private company is based in Brussels, Belgium. Belgium BV provides legal services. The CEOs are Charles Demoulin, Edouard Fremault, Erik Bomans. The Belgian company was founded in 1994.

Build Up SA develops residential and non-residential projects. The private company is based in Cannes, Belgium.

Deminor Investment Management BV (Deminor IM) is the wholly-owned Netherlands-based investment management subsidiary of Deminor International SCRL in Belgium. The firm is based in Amsterdam and was established in 2006 to manage the Deminor Active Governance Fund (DAGF), a semi-open end investment fund which aims to invest in undervalued listed companies with clear value improvement potential. Deminor believes that companies and shareholders can work together to improve governance standards and in such a way create more value for companies and their shareholders. They tend to follow an activist approach to investments.