Parrot

AGM Information • Jun 10, 2010

Summary of the combined General Shareholder Meeting held on June 9th 2010

Paris, June 10th 2010 at 17h40 - Parrot, the market leader for wireless mobile phone devices, is announcing that the Company's combined General Meeting has approved all of the resolutions recommended by the Board of Directors to shareholders, who represented 77.6% of the voting rights.

Meeting under the chairmanship of Henri Seydoux, shareholders attended a presentation of the Group's activities and financial results for fiscal 2009. Mr. Seydoux also commented on the results for the first quarter of 2010 and the growth of the OEM business. In connection with Parrot attending the E3 Expo, the world's premiere trade show for computer and video games and related products to be held in Los Angeles from June 15, 2010, the upcoming launch of the Parrot AR.Drone was discussed. A demonstration of this product, the first augmented reality quadricopter piloted by Wifi, was made for the shareholders.

The resolutions approved by the shareholders included:

• The reappointment of Mr. Edward Planchon at the board of director (5th resolution).
• The non-renewal of the appointment as director of Mr. Marco Landi (6th resolution). The Group added that the board seat is intended to be filled. To this end, the board will consider proposals in line with the latest AFEP-MEDEF recommendations.
• Authorization to the Board of Directors to implement a program to buy back shares (7 th resolution) and cancel the shares acquired in this matter (19th resolution). The share buyback also intended to cover free share allocation.
• Authorization to the Board of Directors to award Company stock options or warrants, representing up to 1% of the capital, to the Group's eligible staff and corporate officers; (8 th resolution)
• Authorization to the Board of Directors to freely award Company shares, representing up to 1% of the capital, to the Group's eligible staff and corporate officers; (9 th resolution)
• Delegation to the Board of Directors to proceed to capital increase (10th to 15th and 17th resolutions) in the limit of a maximum nominal amount of EUR 915,000 (16th resolution).

The minutes established following the Annual General Meeting will be available Monday (6/14) in the General Meeting page of the Investor Relation section on www.parrot.com.

ABOUT PARROT Parrot, a global leader in wireless devices for mobile phones, stands on the cutting edge of innovation. The company was founded in 1994 by Henri Seydoux as part of his determination to drive the inevitable breakthrough of mobile phones into everyday life by creating high-quality, user-friendly wireless devices for easy living. Parrot has developed the most extensive range of hands-free systems on the market for cars, motorbikes and scooters, including wireless multimedia products geared towards audiovisual applications. In 2008, Parrot launched a new prestige line of high-end products bearing the hallmark of renowned artists. Parrot, headquartered in Paris, currently employs +450 people worldwide and generates most of its sales overseas. Parrot is listed on NYSE Euronext Paris since 2006

(FR0004038263 – PARRO). For more information: www.parrot.com

CONTACTS Analyst and investor relations - Press relations Marie Ein T: +33(0) 1 53 65 68 68 parrot@calyptus.net