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Tissot Appointed VP & CFO, Bureau Veritas

Maritime Activity Reports, Inc.

May 26, 2016

Bureau Veritas announces the appointment of Nicolas Tissot as Executive Vice-President and Chief Financial Officer. He replaces Sami Badarani, who has decided to leave the company to pursue new professional opportunities.

Nicolas Tissot has solid management and finance experience gained in key roles within international groups. Before joining Bureau Veritas, he was Chief Operating Officer (COO) and Executive Committee member of SCOR. He previously held various roles, including finance director positions at Alstom and ENGIE (GDF Suez).

Didier Michaud-Daniel, Chief Executive Officer of Bureau Veritas, said, "I am very happy to announce the arrival of Nicolas Tissot, who will hold a key post within Bureau Veritas. His experience in corporate financial matters, acquired throughout his career with major international industrial companies, represents a strong asset for Bureau Veritas and will be invaluable as we implement our 2020 strategic plan."

"In the name of all the members of the Executive Committee, I would like to thank Sami Badarani for his work at Bureau Veritas. He has contributed strongly to the company's development of solid relationships with the investor community. I wish him the very best for his future career."

Biography

Nicolas Tissot, 49, has been the Group Chief Operating Officer and a member of the Executive Committee of the reinsurance company SCOR since 2015. Before that, he was the Chief Financial Officer and a member of the Executive Committee of Alstom from 2010 until 2015. Previously, he worked for ENGIE (GDF Suez), where he started in the Financial Planning and Analysis Department which he led from 2000 to 2003. Then he became successively Chief Financial Officer and Executive Vice President of Suez Energy International (2003-2005), Chief Financial Officer and Executive Vice President of Electrabel (2005-2008), both from Brussels, and finally Deputy Chief Executive Officer of GDF Suez's Global Gas & LNG Division (2008-2010). Nicolas Tissot started his career at the Ministry of Economy, Finance and Industry (1995-1999). He is a graduate of HEC and Ecole Nationale d'Administration and a Finance Inspector.

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