Mr. Sanchez was elected as a member of the Supervisory Board on September 29, 2021, for a period of four years.

Mr. Sanchez has more than 35 years’ experience in the tech industry. He is a successful senior executive with strong operational acumen and a track record in growing complex global businesses. He was with the 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 – the x86 systems unit and retail store solutions point-of-sale systems unit. Previous roles include vice president of corporate strategy, and head of IBM’s microelectronics semiconductor division. He also led IBM’s UNIX systems division.

Following the divestment of the IBM x86 division to Lenovo Group Limited, Mr. Sanchez moved to Lenovo and, from 2014 to 2015, served as senior vice president of Lenovo’s Enterprise Systems Group.

Mr. Sanchez currently serves as a non-executive member of the board of directors of the following Nasdaq- listed US-based companies: Avnet, Inc. a global semiconductor sales and distribution company; ACI Worldwide, Inc. an electronic payments software company, and Snap One Holdings Corp., a smart home technology-solutions and distribution company. He is also a member of the board of Trustees of US-based MITRE Corporation, a non-profit organization for public good, and a member of the board of directors of Florida International University Foundation.

Mr. Sanchez has a bachelor’s degree in electrical engineering from the University of Miami, and a Master of Business Administration degree from the Florida International University. He is a member of the United States National Academy of Engineering and a US national.