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Thales Board/Management Information 2014

Nov 27, 2014

1699_iss_2014-11-27_13de4687-9ced-49f5-b233-e753b84df4b8.pdf

Board/Management Information

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PRESS RELEASE

Neuilly-sur-Seine, 27 November 2014

Statement from Thales Board of Directors

At the meeting of the Board of Directors on 27 November 2014, Jean-Bernard Lévy, who has been appointed Chairman and Chief Executive Officer of EDF, tendered his resignation to the company's directors and it was accepted.

The Board of Directors paid tribute to Jean-Bernard Lévy for the work he accomplished since his appointment at the helm of Thales in 2012, particularly the implementation of a shared strategic ambition in order to return to profitable growth. The Board also praised the results obtained in emerging markets as well as in terms of financial performance.

On the proposal of the French State and Dassault Aviation, the Board of Directors has appointed M. Philippe Logak as Acting Chairman and Chief Executive Officer of Thales until the final decision is taken.

The French state, via the State Shareholdings Agency (APE), holds 26.39% of the Thales Group's capital. Dassault Aviation holds 25.3%.

About Thales

Thales is a global technology leader in the Aerospace, Transportation and Defence & Security markets. In 2013, the company generated revenues of €14.2 billion with 65,000 employees in 56 countries. With its 25,000 engineers and researchers, Thales has a unique capability to design, develop and deploy equipment, systems and services that meet the most complex security requirements. Thales has an exceptional international footprint, with operations around the world working with customers and local partners.

www.thalesgroup.com

Press Contact

Thales, Media Relations Corporate Matt Pothecary +33 (0)1 57 77 87 00 [email protected]