Resignation of Ms Ana Vizcaino as Director of Transics International NV

The Board of Directors of Transics International NV (Transics International) was informed by Ms Ana Vizcaino, non-executive Director of Transics International representing EQMC Europe Development Capital Fund plc, of her resignation as Director of Transics International with immediate effect.

Ms Ana Vizcaino was recently appointed as CEO of Compañía Española de Reafianzamiento, SA, a new professional challenge which does not allow her to continue her current mandate as Director of Transics International. Her resignation is therefore unrelated to the current public takeover offer as announced by Tavares NV.

The Board of Directors of Transics International wants to thank Ms Vizcaino for her dedication to Transics International.

Transics International, established in 1991, develops and commercialises fleet management solutions for the transport and logistics sector. Thanks to many years of experience, thorough R&D efforts and an intensive focus on the customer experience, Transics International has become the leading European player in its sector. In addition to its headquarters in Ypres (Belgium), Transics International is active throughout Europe. The company has been quoted on the stock exchange (Euronext Brussels) since June 2007.