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Bernard Gautier leaves the Wendel group after 16 years of service as Group Deputy CEO

Bernard Gautier, Group Deputy CEO, member of the Executive Board, and the Wendel group have decided to end their collaboration.

Bernard Gautier joined Wendel in 2003 as Director of Development and Equity Investments. Since 2005, he has headed the investment team and, in this capacity, has served on the Executive Board alongside its successive CEOs.

Wendel's Supervisory Board extends to Bernard its profound gratitude for the exceptional part he has played as an investor, entrepreneur and leader, which has been crucial to the Group's renewed success over the past 16 years and the consolidation of its operating and financial structures since 2009.

The Wendel group thanks Bernard in particular for having conducted and managed its investments in Editis, Deutsch, Stahl, IHS, Parcours, NOP and Constantia Flexibles. Bernard also served as a Director on the boards of Saint-Gobain, Materis and Cromology. Strongly committed to the Group's international growth and expansion into new investment areas, Bernard has driven the Group's development in Asia, the United States, Africa and in London since 2007. He has initiated and coordinated the Digital@Wendel project and the creation of Wendel Lab since 2015.

Bernard Gautier said, "Wendel has been a life-changing experience, personally and professionally, over the past 16 years. I have carried out projects supporting the long-term growth of the Group's assets and teams and had the opportunity to work with extraordinary entrepreneurs. As a Senior Executive of this Group, I am proud to have built a new generation of talent that will continue to write the history of Wendel.

The new composition of the Wendel Executive Board will be published on September 11, 2019, (pre-market release).

Agenda

11.07.2019

2019 Investor Day / Publication of NAV of September 30, 2019, and Q3 2019 trading update (pre-market release).

03.18.2020

2019 FY Results / Publication of NAV of December 31, 2019 (post-market release)

04.30.2020

Q1 2020 Trading Update / Publication of NAV as of March 31, 2020 (pre-market release).

06.04.2020

2020 Annual General Meeting

07.30.2020

H1 2020 Results / Publication of NAV as of June 30, 2020, and condensed Half-Year consolidated financial statements (post-market release).

11.04.2020

2020 Investor Day / Presentation of NAV as of September 30, 2020, and Q3 2019 trading update (publication postmarket release on 11/03/2020).

About Wendel

Wendel is one of Europe's leading listed investment firms. The Group invests in Europe, North America and Africa in companies which are leaders in their field, such as Bureau Veritas, Cromology, Stahl, IHS, Constantia Flexibles, Allied Universal and Tsebo. Wendel plays an active role as a controlling or lead shareholder in these companies. We implement long-term development strategies, which involve boosting growth and margins of companies so as to enhance their leading market positions.

Wendel is listed on Eurolist by Euronext Paris.

Standard & Poor's ratings: Long-term: BBB, stable outlook – Short-term: A-2 since January 25, 2019

Moody's ratings: Long-term: Baa2, stable outlook – Short-term: P-2 since September 5, 2018

Wendel is the Founding Sponsor of Centre Pompidou-Metz. In recognition of its long-term patronage of the arts, Wendel received the distinction of "Grand Mécène de la Culture" in 2012.

For more information:

Christine Anglade-Pirzadeh: +33 (0)1 42 85 63 24 Olivier Allot: +33 (0)1 42 85 63 73 [email protected] [email protected]

Caroline Decaux: +33 (0)1 42 85 91 27 Lucile Roch: +33 (0)1 42 85 63 72 [email protected] [email protected]

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