Chargeurs — AGM Information 2014

Apr 30, 2014

Annual General Meeting

At their Annual Meeting today, Chargeurs shareholders approved the 2013 financial statements and voted in favor of all of the resolutions recommended by the Board of Directors.

First-quarter 2014 sales

Eduardo Malone, Chairman, and Martine Odillard, Chief Executive Officer, commented on business developments in the first quarter of 2014. The Group's performance, as described in the Financial Information released today, is in line with the announced objective of reaching annual recurring operating profit of €20 million by year-end 2015.

Governance

Shareholders also re-elected Martine Odillard to the Board and elected Catherine Sabouret as a new independent director.

Catherine Sabouret spent her entire career as an auditor with PricewaterhouseCoopers until June 2013. She was made partner in 1988. In late 2012, she was appointed to a six-year term as a member of the French Auditors' Oversight Body (H3C).

Shareholder relations

Also at the Meeting, management announced that a Chargeurs Shareholders Club would be created to support the shift in the Company's ownership structure. The Club attests to management's commitment to fostering closer relations with its private shareholders. The Club's operating procedures will be presented in a forthcoming Shareholders' Newsletter.

Next announcement: 2014 interim results on August 29, 2014

Corporate Communications Phone: +33 (0)1 47 04 13 48 http://www.chargeurs.fr

Chargeurs is a global manufacturing and services group with leading positions in three niche markets: temporary surface protection, technical textiles and combed wool. It has 1,600 employees based in 31 countries on five continents, who serve customers in more than 45 countries. In 2013, consolidated revenue totaled €466.5 million, of which 93% was generated outside France.