Parrot

AGM Information • Jun 19, 2009

Report on Parrot's combined general shareholders' meeting held on June 18th, 2009

Paris, June 19th, 2009, 17:40 - 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 80.14% of the voting rights.

Appointment of a new director

The general meeting approved the appointment of Mr. Stéphane Marie as a director. Stéphane, 45, is a statutory auditor and certified accountant and graduated from CPA (HEC Executive MBA). He worked in international audit firms for nine years, including nearly three in the US, before joining the Paris-based firm Corévise in 1994. He is currently a partner, focused in particular on statutory auditing assignments for real estate, industrial and retail groups. As a director, he brings to Parrot his expertise on legal, financial and risk management issues, as well as regulatory and legislative issues for businesses and more specifically listed companies.

Following this appointment, Parrot's Board of Directors now has eight members(1), including three independent directors.

The general meeting also:

• Renewed the authorization for the Board of Directors to implement a program to buy shares; (7th resolution)
• Authorized the Board of Directors to award Company stock options or warrants, representing up to 0.5% of the capital, to the Group's eligible staff and corporate officers; (9th resolution)
• Authorized the Board of Directors to freely award Company shares, representing up to 0.5% of the capital, to the Group's eligible staff and corporate officers; (10th resolution)

At this time, the Chairman highlighted the strategic nature of these three authorizations combined, while reminding shareholders about how they have been used in the past. In this way, he confirmed the interest of distribution plans for attracting and retaining talented professionals, especially for a technology company with a major research office. He also reminded participants that he has not personally benefited from any distribution plans since the Company was floated on the stock market in 2006 and that out of the 934,453 shares acquired by the Group (7.1% of the capital) under share buyback programs in 2008, 172,000 have been distributed (18% of treasury stock), while 454,564 have been cancelled (49% of treasury stock) to date.

The Chairman brought the meeting to a close by confirming the Group's responsiveness face with the crisis and his commitment to managing the business in 2009 with a view to safeguarding its cash position, while maintaining its policy for investment in research and development. In this way, he once again indicated his confidence in Parrot's ability to develop once the crisis ends.

(1): The eight directors are: Henri Seydoux, Chairman of the Board of Directors, Jean-Marie Painvin, Edward Planchon, Jean-Yves Helmer, Marco Landi (independent director), Olivier Legrain (independent director), Geoffroy Roux de Bézieux (independent director) and Stéphane Marie.

A propos de PARROT www.parrot.com

Parrot, leader mondial des périphériques sans fil pour téléphones mobiles, est une entreprise à la pointe de l'innovation fondée par Henri Seydoux en 1994. Son pari ? Accompagner la percée irrésistible du téléphone mobile en créant des périphériques sans fil pour nous faciliter la vie. Parrot développe la gamme la plus étendue du marché de kits mains libres pour la voiture ou le deux-roues, ainsi que des produits multimédia sans fils dédiés au son et à l'image. En 2008, Parrot a lancé sa collection Parrot By qui se compose de produits haut de gamme désignés par des artistes de renom.

Parrot, dont le siège est à Paris, compte aujourd'hui près de 500 collaborateurs dans le monde, réalise 85 % de ses ventes à l'étranger, Parrot est cotée depuis 2006 sur Nyse Euronext Paris. Eurolist C : FR0004038263 – PARRO

®The Bluetooth word mark and logos are owned by the Bluetooth SIG, Inc. and any use of such marks by Parrot S.A. is under license. Other trademarks and trade names are those of their respective owners. Tous droits réservés. Les marques PARROT figurant sur ce document sont la propriété exclusive de la société PARROT. Toutes les autres marques sont la propriété de leurs détenteurs respectifs et sont utilisées sous licence par la société PARROT

CONTACTS

Investors and analyst relations – Press relations Marie Ein T: +33(0) 1 53 65 68 68 parrot@calyptus.net