Mike Stevens

● Member of Global TR, Nutrition P&O Global Leadership Teams, Frequent presenter at Executive Leadership Team meetings ● M&A: Key player for acquisition projects within the Nutrition Cluster, especially in terms of due diligence, SPA preparation, integration planning, and management team onboarding negotiations. ● Restructuring: Member of the Core Project Team for the biggest reorganization of DSM Nutritional Products (the former Roche Vitamins) since its acquisition in 2003. Main responsibilities included baselining and defining modelling guidelines for whole organization, organizational design guidelines, incentive structure of new organization. ● People Management: Oversee a team of 17 employees, new initiatives to organize project & process work through internal tooling. ● DSM Short-Term Incentive Framework: Member of core project team to create non-sales incentive framework cross-industry for approx. 5,000 employees. ● Sales Incentives: Lead global sales incentive governance, eligibility, design, and tooling project for a sales force with €6 billion in revenues. ● Joint Ventures: Responsible for structuring employment agreements, reward policies for €200 million JV in the aqua farming sector. ● Salary Management: o Global divisional leader and cross-divisional leader in EMEA region for design and implementation of salary structures affecting 12,000 employees, as well as budgeting and the annual compensation review process. o Implemented MarketPay in Region EMEA (25 countries), for salary structures, merit matrices & job pricing functions. ● Pension: Chair of the DSM Nutritional Products Pension Steering Committee (bi-annual review of major global pension topics with CFO, CHRO, Chief Actuary) ● Executive Case Management ● FTE Budgeting: Established FTE budgeting & position management concept for DSM Nutritional Products (approx 12,000 employees).

N.B.- In the context of the J&J / Actelion deal in 2017, I was allocated to Idorsia as part of the de-merger, after I had already accepted an offer from DSM and given notice to Actelion. Stock Option Plan: Driver of all-employee listing stock option plan, coordinating design, communications, process-building, plan regulations, due diligence, and grant levels. Founding Documents: Contributor to the listing prospectus & Articles of Association, esp. with regard to the calculation of binding executive and board compensation budgets Payroll & HR Processes: Established Core HR & payroll processes, employee insurance, social security, and work permits.

M&A Transaction with Johnson & Johnson: Contributor to the Transaction Agreement and Board Report Managed a CHF 1 billion accelerated vesting from all angles, including bridge loans for affiliates, treasury and conditional capital creation & management, employee communication, relations with J&J and regulators; Managed the Tender Offer process on the Actelion side with regard to equities held on the the Company’s administration platform; Managed HR de-merger data from early on in the transaction, key contact for J&J HR and Total Rewards with regard to LTI, bonus, and benefits alignment post-transaction. Team Building: Oversaw a team of 6 employees. Responsible for global base salary, executive compensation, compensation governance & shareholder relations, variable pay, mobility, HR audit, global equity administration, and benefits. Re-established 2020 team vision, project pipeline, established roles, responsibilities, reporting lines. Established team values, project methodology, reviewing and financial modeling protocols, reviewed and optimized processes. Established quarterly virtual meeting agenda for global C&B teams. Member of the HR Leadership Team. Total Reward Strategy: Developed a Total Reward Strategy cascade from the company strategy. Compensation Committee: Preparer of the quarterly agenda, and frequent presenter. Global Salary Structures: Drove a project to establish a global tool and global policy for position matching, and accessing data in a uniform global system. Salary band project was scheduled for 2017 in Europe pre J&J after successful pilot in USA in 2016. HRIT: Owner of HR Analytics development Reward Communications: Established brand for Actelion’s reward, resulting in a series of brochures, new intranet, curriculum for Line Managers. HR Controlling: Owner of the Group’s Headcount budgeting cycle. Compensation Review: Oversaw the annual compensation review process, as well as the continual improvement of related processes.

Reward Strategy: Key role in the introduction of financial KPIs to equity compensation plans in 2013. Corporate Governance and Proxy Relations: Drove say-on-pay strategy, resulting in a 51% increase in positive votes between the 2012 and 2013 AGMs. Primary driver of the implementation of the Swiss “Minder” reform, including outreach strategy to proxy advisors and major shareholders, amending the Articles of Association, Executive Committee contracts, equity plans, and preparing the first successful binding shareholder votes on executive and board compensation in the company’s history. Compensation Committee: Preparer of the quarterly agenda, and frequent presenter. Compensation Report: In charge of the conceptualization, drafting, design, publication, and relevant AGM Agenda items related to the report. Also contributed to the Corporate Governance and Financial Reports. Executive and Equity Compensation Design: Designer and product owner for Executive plans and LTIs. Performed total overhaul, clean up and alignment of plan regulations. Implemented a 30 country system and process for the apportionment of tax on equity gains. Global mobility: Established worldwide vendor relationship, in addition to establishing and implementing Actelion’s first policy, process, and templates. Trained mobility manager. Transactions: Managed C&B modeling for restructuring in 2012. SOX: Owner of HR processes and reporting. Clawback: Drafted and Introduced the Actelion Clawback Policy.

Reward and personal tax consultant in the Geneva office of PwC. Duties included: - Aligning company strategy with employee and VIP incentives through equity-based incentive plans; - Tax-optimization of equity instruments through negotiations with Swiss federal and cantonal tax authorities; - Swiss-wide fringe benefit and pension plans. ; - Advising expats in Switzerland on their obligations according to tax treaties and domestic tax legislation; - Complex salary reconciliation modelling and calculations; - Swiss and international tax compliance.

Corporate Paralegal in the Milan office of a New York-based white shoe firm. Work primarily included assisting lawyers in research on US and Italian securities law and various instruments. Assisted in the Initial Public Offering of MolMed SpA in 2008. Other duties included frequent client relations in Italian and English.

Intern for the Trade in Services Section of the International Trade Centre.

English teaching assistant in a French middle school and two elementary schools.

Marketing, Financial Accounting, Negotiation, Digital, Operations, Sales, People Management