Barry Callebaut: Motions approved by shareholders

Marketwired

ZURICH, SWITZERLAND--(Marketwired - Apr 22, 2013) - Barry Callebaut's Extraordinary GeneralMeeting of Shareholders

* Approval of the creation of authorized share capital to partly financethe acquisition of the Cocoa Ingredients Division of Petra Foods Ltd., Singapore

* Election of Fernando Aguirre and Timothy Minges as new Board members

173 shareholders attended today'sExtraordinary General Meeting of Shareholders (EGM) of Barry Callebaut AG,theworld's leading manufacturer of cocoa and chocolate products. Theyrepresented3,683,249 shares or 71.24% of the share capital. The meeting was held underthechairmanship of Dr. Andreas Jacobs, Chairman of the Board.

Creation of authorized capital approved

As announced on December 12, 2012, Barry Callebaut agreed to acquire theCocoaIngredients Division from Petra Foods Ltd., Singapore. For the purpose ofpartlyfinancing this acquisition, Barry Callebaut's Board of Directors called foranEGM (see press release of March 27, 2013). Today, the shareholders agreedto thecreation of authorized share capital of a maximum nominal amount of CHF9,300,000 by issuing a maximum of 500,000 fully paid-up registered shareswith avalue of CHF 18.60. The Board of Directors can execute the respectivecapitalincrease until April 22, 2015 either by way of a rights issue or a privateplacement through an Accelerated Bookbuilding.

Election of two new members to the Board of Directors

The shareholders also confirmed the election of Fernando Aguirre andTimothy E.Minges as new members of the Board of Directors of Barry Callebaut for thecurrent term of office until the next Annual General Meeting on December11, 2013.

Fernando Aguirre served as the Chairman and CEO of Chiquita BrandsInternationalInc. from 2004 until 2012. Presently Mr. Aguirre is a consultant toChiquita anda Director of Levi Strauss & Co. as well as a Director at Aetna Inc.Timothy E. Minges is currently Chairman of PepsiCo Greater China Region andamember of PepsiCo's Executive Committee. Mr. Minges also serves on theBoard ofTingyi-Asahi Beverage.

(see separate CVs)

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Barry Callebaut (www.barry-callebaut.com/):

With annual sales of about CHF 4.8 billion (EUR 4.0 billion / USD 5.2billion)in fiscal year 2011/12, Zurich-based Barry Callebaut is the world's leadingmanufacturer of high-quality cocoa and chocolate - from the cocoa bean tothefinest chocolate product. Barry Callebaut operates out of 30 countries,runsmore than 45 production facilities and employs a diverse and dedicatedworkforceof about 6,000 people. Barry Callebaut serves the entire food industryfocusingon industrial food manufacturers, artisans and professional users ofchocolate(such as chocolatiers, pastry chefs or bakers), the latter with its twoglobalbrands Callebaut® and Cacao Barry®. Barry Callebaut is the globalleader incocoa and chocolate innovations and provides a comprehensive range ofservicesin the fields of product development, processing, training and marketing.Costleadership is another important reason why global as well as local foodmanufacturers work together with Barry Callebaut. Through its CocoaHorizonsinitiative and research activities, the company engages with farmers,farmerorganizations and other partners to help ensure future supplies of cocoaandimprove farmer livelihoods.

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The complete news release and CVs can be downloaded from the followinglinks:

CV Timothy E. Minges (PDF):http://hugin.info/100441/R/1694717/557419.pdf

News Release (PDF):http://hugin.info/100441/R/1694717/557542.pdf

CV Fernando Aguirre (PDF):http://hugin.info/100441/R/1694717/557418.pdf

This announcement is distributed by Thomson Reuters on behalf ofThomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Barry Callebaut via Thomson Reuters ONE

[HUG#1694717]

Contact:
Contacts
for investors and financial analysts:
Evelyn Nassar
Head of Investor Relations
Barry Callebaut AG
Phone: +41 43 204 04 23
Email Contact

for the media:
Gaby Tschofen
Head of Corporate Communications
Barry Callebaut AG
Phone: +41 43 204 04 60
Email Contact

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