Chargeurs — Board/Management Information 2017

Feb 14, 2017

PROMOTIONS & APPOINTMENTS

PRESS RELEASE

Paris – February 14, 2017.

Chargeurs strengthens its growth-led organization Creation of Chargeurs Business Solutions

Michaël Fribourg, Chairman and Chief Executive Officer of Chargeurs, said: "After a very successful year in 2016, Chargeurs is strengthening its organization to underpin its trademark model of efficiency and growth. The promotion of internal talent from all generations and the integration of new high-potential profiles are a clear reflection of the quality of Chargeurs' management model, and the growing impact of its brand as an employer committed to lasting and sustainable value creation."

Appointments

Olivier BUQUEN, Group Executive VP International Business Development and member of the Executive Committee, is also named Head of Group Acquisitions.

Audrey PETIT is appointed Group Strategy Director and Head of Chargeurs Business Solutions, the new internal cross-function entity dedicated to the development and implementation of the "Chargeurs Business Standards" alongside the Group's businesses.

Cédric RATOUIS is appointed Deputy Chief Financial Officer, effective March 9, 2017.

Benoist L'EPINE is appointed Project Manager for the Chairman's Office, effective March 1, 2017.

Creation of Chargeurs Business Solutions

Reporting to the Executive Management, Chargeurs Business Solutions is a lean, quick-response "internal task force" which combines industrial, marketing, digital and financial expertise to serve all of Chargeurs' businesses. Chargeurs Business Solutions will work on high-impact, short-term internal projects. By continuously implementing and improving the Chargeurs Business Standards – the Chargeurs Way – the new unit will help streamline the industrial and financial efficiency of the Group's businesses and newly acquired entities.

Biographies

Olivier BUQUEN, Executive Vice-President International Business Development & Acquisitions. Member of the Management Committee.

Aged 52, and a graduate of ESSEC, Sciences Po Paris and Harvard Business School, Olivier BUQUEN began his career in 1988 with the Bolloré Group as Communications Manager. In 1990, he joined the Finance Department of Paribas Group before moving to the Corporate Secretary's Office from 1996. In 1999, he was named Operations Director for BNP Paribas Lease Group Italia in Milan.

After joining French industrial group Plastic Omnium as a member of the Group Executive Committee from 2002 to 2009, he successively served as Vice President, Business Development, in the Environment Division, Chief Executive Officer of Signature (Europe's leading road signage company with €230 million in revenues and 1,500 employees) and Group Executive Vice President, Business Development.

In 2009, he joined the French administration, serving first as Head of the Business Intelligence Office (2009-2013) and then as State Controller in the Ministry of Finance and the Economy (2013-2016).

Having joined Chargeurs Group in May 2016 as VP International Business Development, he has broadened his mission to oversee the Group's international growth strategy.

Audrey PETIT, Group Strategy Director & Head of Chargeurs Business Solutions.

Aged 31, and a graduate of the EM Strasbourg business school, Audrey PETIT began her career with the audit and corporate advisory firm, Advolis, where she took part, as Senior Manager, in legal, audit and evaluation assignments for the manufacturing, cinema production and the book industries.

She joined Chargeurs in 2014 as Project Manager for the Group's Executive management. Appointed Project Manager for the Chairman's Office in 2015 and Chief of Staff to the Chairman and CEO in 2016, she is currently the Group's Strategy Director and Head of the Chargeurs Business Solutions division, its new internal cross-function entity.

Cédric RATOUIS, Deputy Chief Financial Officer.

Aged 36 years, and a graduate of Telecom Bretagne and the ESSEC business school, Cédric RATOUIS began his career at Plastic Omnium in industrial management control for the Auto Exterior division. He was then promoted to the Group where he was named Financial Controller for Holdings and then Deputy Vice-President, Treasury and Financing.

He joined Chargeurs in March 2012 as Group Controller and was appointed Group Controller & Head of Investor Relations in January 2014. As Deputy to the Chief Financial Officer, his role will be to steer the Group in the development of its financial and wealth strategy and shareholder diversity.

Benoist L'EPINE, Project Manager for the Chairman's Office.

Aged 31, and a graduate of Supelec with a degree in Economics from Paris IX and a Masters of Science from Columbia University (NY), Benoist L'ESPINE began his career in strategy consulting at Roland Berger and Corporate Value Associates. He joined Dassault Systèmes in March 2013 where he was Strategy Manager for the Aerospace, Defense, Marine and Offshore industries.

As Project Manager for the Chairman's Office and reporting directly to Michaël FRIBOURG, Benoist L'EPINE will be in charge of monitoring strategic projects and assisting with the implementation of the Chargeurs Business Model.

2017 Financial Calendar

Thursday, March 9, 2017 (before trading) 2016 results Thursday, April 27, 2017 (before trading) First-quarter 2017 financial information Thursday, April 27, 2017 Thursday, September 7, 2017 (before trading) Thursday, November 14, 2017 (after trading) Third-quarter 2017 financial information

Annual General Meeting 2017 interim financial results

ABOUT CHARGEURS

Chargeurs is a global manufacturing and services group with leading positions in four segments: temporary surface protection, garment interlinings, technical substrates and combed wool.

It has over 1,500 employees based in 34 countries on five continents, who serve a diversified customer base spanning more than 45 countries.

In 2016, consolidated revenue totaled over €500 million, of which more than 90% was generated in its international markets.

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