Bourbon inform that on the recommendation of the Nominating, Compensation and Governance Committee, the Board of Directors has decided to reappoint Christian Lefèvre as Chief Executive Officer from January 1, 2014 for a 3 year period. Christian Lefèvre is also serving as Board Member, and on his proposal the Board of Directors has also decided to reappoint
Gaël Bodénès and Laurent Renard as Executive Vice-Presidents for the same length of period. Bourbon adds that the composition of the Executive Committee remained unchanged.