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  2. The Sos group restructuring the composition of its Board after refinancing its debt   (30/12/2010)

This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at El Grupo Sos reestructura la composición de su consejo después de refinanciar su deuda

The Sos group restructuring the composition of its Board after refinancing its debt

December 30, 2010

Sos Corporation food has made public that supports with its lenders financing agreement initiated in July, cunpliéndose the dates provided for in the timetable agreed by the Board of Directors for the financial stabilization of the group. As a result, Vincent and Eduardo Sos have caused low in the Council to facilitate the incorporation of the representatives of Ebrofoods, the month of January. The President of the Council thanked the members of the same vision, dedication and commitment over the past 18 months as well as the related shareholders of the company, linked financial institutions, for their trust and supportespecially considering the complexity of the economic and financial environment, without which it would not have been possible to achieve the above-mentioned agreements in time and form. The incorporation to the highest governing body of the representatives of Ebrofoods, reference industrial partner, will be an important strengthening of the Council to define and guide the strategy of the group, whose core business is the olive oil.

After financial stabilization obtained as well as the incorporation to the shareholding and the governing bodies of the Spanish multinational major of food, the Sos group is able to develop their full potential in a sector on the rise as of the olive oil.

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