By letter dated 6 February 2014, the Kingdom of Belgium nominated, by common accord with the Grand Duchy of Luxembourg and the Kingdom of the Netherlands, Mr Gauthier Bourlard (Inspector, Coordinator within the Multilateral Institution Unit, Treasury, Ministry of Finance) for appointment as an Alternate Member of the Board of Directors of the EIB.

By letter dated 13 February 2014, the Board of Governors was invited to vote on the proposed appointment.

The decision to appoint Mr Gauthier Bourlard was taken on 3 March 2014, the date on which the requisite majority of Governors' votes was reached.

The term of office of Mr Gauthier Bourlard will expire in 2018 at the end of the day either of the Annual Meeting or of the approval of the financial statements for the previous financial year, whichever is the later.