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LyondellBasell names Thomas Aebischer Executive Vice President

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Hydrocarbon Engineering,

LyondellBasell has announced that Thomas Aebischer has been appointed Executive Vice President and Chief Financial Officer (CFO) effective 1 January 2016.

Mr. Aebischer joins LyondellBasell after having served in a variety of positions, including CFO, over a nearly 20-year career with Holcim, one of the largest cement, concrete and aggregates companies in the world. Holcim merged with Lafarge in 2015.

"Thomas is a highly experienced and accomplished leader who brings a global perspective, deep knowledge of financial markets and significant experience at the executive level of large, multinational companies. Given his past experience and success in a variety of financial positions all over the world, I am very confident that he will be a tremendous asset as we continue to execute our long-term growth strategy," said Bob Patel, LyondellBasell's Chief Executive Officer.

In his role as Holcim's CFO, Mr. Aebischer's responsibilities included the company's information technology, accounting and administration, investor relations, risk management and procurement functions. Earlier in his career, Mr. Aebischer held positions with PricewaterhouseCoopers and the Bern cantonal tax authorities in Switzerland.

"LyondellBasell's transformation into one of the premier companies in the petrochemical industry is very impressive," said Mr. Aebischer. "It is truly an honor to join Bob and his team of leaders who share a relentless focus on safety, operational excellence and the creation of shareholder value."

As LyondellBasell's CFO, Mr. Aebischer will be nominated to serve as a member of the Company's management board and will be responsible for leading the Company's treasury, information technology, tax, finance and accounting functions. Mr. Aebischer will report directly to Mr. Patel.

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