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Regulatory Filings • Dec 23, 2024
1186_iss_2024-12-23_d530225d-3d73-43b1-9c7c-9218623415c0.pdf
Regulatory Filings
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PRESS RELEASE
Marseille, December 23, 2024
CIS renews two major contracts in Mauritania and Chad for a total order value of US \$91 million
The CIS Group, a global specialist in remote site management for leading customers in the energy, mining and major infrastructure sectors, announces the renewal of two contracts in sub-Saharan Africa worth a total of \$91 million.
Awarded following two international invitations to tender, these renewals demonstrate the unwavering confidence and satisfaction of CIS customers in the services provided by the Group, whose know-how is based on 33 years of experience worldwide.
In Mauritania, renewal of a strategic three-year contract for Tasiast Mauritania Limited, S.A. (TMLSA), a subsidiary of the Canadian mining Group Kinross Gold Corporation, which also operates in the United States, Canada, Brazil and Chile.
In Mauritania, the Kinross Group operates one of the largest open-pit gold mines in sub-Saharan Africa.
CIS has been providing for the last 13 years with unfailing support.
This renewal concerns an operation where CIS provides daily catering, accommodation and facility management services for 3,000 residents, in a very isolated and desert area of Mauritania.
In addition, CIS has established a partnership with the Mauritanian hotel school, and is involved in the local economy, notably by accelerating employment opportunity and training.
Our Mauritanian subsidiary has set up a rigorous process to ensure compliance with quality, health, safety and environmental standards, and has obtained ISO 9001 and ISO 45001 certifications.
In Chad, CIS has operated mainly for the Exxon Mobil Group for 20 years, has renewed its contract with the French oil Group Perenco, the second largest French Group operating in the energy sector in 14 countries.
CIS provides daily catering and housekeeping services at the remote Mangala site in eastern Chad for almost 300 residents.
PRESS RELEASE
About CIS
For more than 30 years, CIS has been managing remote sites in the four corners of the globe, in the most isolated onshore and offshore environments. The Group supports major players in energy, mining, construction and institutions and governments through every step of their projects.
As a service integrator, CIS provides turnkey solutions to bring all of its residents' well-being, comfort and a friendly atmosphere, so that its customers can focus on their core businesses.
The Group is committed to the sustainable development of the countries where it operates, by hiring, training its staff, forming partnerships with suppliers close to its sites, and engaging in local community initiatives.
CIS's approach is proactive, based on innovation and continuous improvement to reduce its impact on the environment. Every day, the Group works to improve its practices and guarantee its transparency.
For more information, go to: www.cis-integratedservices.com
Euronext Growth Paris: ISIN FR0000064446 / Reuters: ALCIS.PA – Bloomberg: ALCIS:FP
Next press release: 15/01/2025, after the close of trading: 2024 annual revenue
Contacts
CIS: Communications Department / +33 (0)4 91 16 53 00 / [email protected] SEITOSEI-ACTIFIN: Financial Communication / +33(0)1 56 88 11 13 / [email protected] SEITOSEI-ACTIFIN: Media Relations / +33(0)1 56 88 11 29 / [email protected]
