Signifies Company’s Commitment to Comprehensive, Strategic Growth Plan

ME NewsWire/Business Wire

BOSTON - Thursday, October 2nd 2014

Velcro Industries N.V. and Velcro Group Corporation today announced the appointment of Gemma Dreher, Vice President and General Counsel, to the Velcro Group Leadership Team (VGLT). The VGLT and the Board of Directors believe it is vital for our General Counsel to contribute her broad and strategic thinking to our long-term growth plans.

“As we continue on our trajectory of sustained growth, it’s critical that every aspect of our global business is incorporated into our strategic management plan,” said Scott Filion, Interim CEO and President of the Americas. “Gemma’s focus on protecting our intellectual property and trademark drive our goal of creating and delivering innovative fastening solutions and I’m honored to announce her appointment. All of us on the VGLT are confident that her participation will support our defined and strategic plan to grow the company over the next 5-10 years and will enable us to ultimately better serve our customers and partners around the world.”

A four-year veteran of the Velcro Industries’ legal team, Gemma manages legal operations, intellectual property compliance, corporate governance, and other legal matters as directed by various Velcro Industries companies. Prior to Velcro Industries, Gemma served as Senior Counsel for BAE Systems. Gemma reports to Fraser Cameron, MD of Velcro Holdings B.V. and Chief Financial Officer.

The Velcro Group Leadership Team is comprised of seven senior management positions including the Interim CEO and President of the Americas, Scott Filion; Fraser Cameron; President of EMEA, Klaas Jan Stol; President of APAC, Andrew Ellis; Vice President of Marketing, Jurjen Jacobs and Vice President of Operations, Hille Dik.

About Velcro Industries

Velcro Industries together comprise a technology-driven, global organization providing fastening solutions that solve problems in simple, elegant and surprising ways for businesses and consumers around the world. With more than 50 years of experience, Velcro Industries is proud of their heritage in innovation. Velcro Industries B.V. owns over 300 active patents and numerous trademarks, including the VELCRO® mark which is registered throughout the world. Velcro Industries offers global resources for world-class solutions, with manufacturing locations in Spain, the United States, Canada, Mexico, and China and sales offices around the world.

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Contacts

FlieshmanHillard

Jessica Dionne, 617-692-0543

Jessica.Dionne@Fleishman.com

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