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Ms Ramos is currently Group Chief Executive of Absa Group Limited, South Africa and is a member of the Executive Committee of Barclays Bank PLC, United Kingdom. Previous positions held by Ms Ramos include Director-General of the National Treasury of South Africa and Group Chief Executive of Transnet Limited, South Africa.

Ms Ramos has been nominated for election to the Board of Directors of Compagnie Financière Richemont SA at the Company’s Annual General Meeting, to be held on 7 September 2011. Her appointment is subject to the approval of the shareholders at that meeting. Ms Ramos will serve as a non-executive director.