Press release

23 november 2016

Death of Mario Walenta, CEO of Altran Germany, in a tragic accident

The Altran Group announces with deep regret and sadness that Mario Walenta, CEO of Altran Germany, and Michael Dean, working with the German Finance team on local acquisitions, tragically disappeared in an automobile accident last week in the Czech Republic.

The Altran Group conveys its condolences, on behalf of all the members of the Altran team, to the victims' partners, children, families and friends.

Mario Walenta was a highly respected and appreciated leader both within the top management and local teams of Altran as well as by clients and partners. Mario's leadership was instrumental to put in place a robust management team supporting Altran Germany's ambitions and in designing the German turnaround plan which is today bearing its fruits.

As interim CEO for Altran Germany, Cosimo di Carlo - currently Group VP Industry Automotive based in Münich - will lead the team established by Mario. With the support of the Group teams, they will complete the turnaround, focus on the integration of the recent acquisitions and deliver the financial outlook, which remains unchanged. A top-tier global executive search firm has been mandated and the Altran Group will communicate in due course.

About Altran

As a global leader in Engineering and R&D services (ER&D), Altran offers its clients a new way to innovate by developing the products and services of tomorrow. Altran works alongside its clients on every link in the value chain of their project, from conception to industrialization. For over thirty years, the Group has provided its expertise to key players in the Aerospace, Automotive, Defense, Energy, Finance, Life Sciences, Railway, and Telecoms sectors, among others. In 2015, the Altran group generated revenues of €1.945bn. With a headcount of more than 28,000 employees, Altran has a presence in more than 20 countries.

www.altran.com

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Contacts Altran Marine Boulot

Group Vice-President Communications Tel: + 33 (0)1 46 41 71 73

marine.boulot@altran.com

Shan

Mathilde Beainy, consultant Tel : +33 (0)1 44 50 58 72

mathilde.beainy@shan.fr

Anne Vernois, directeur associé Tel : + 33 (0)1 44 50 51 75

anne.vernois@shan.fr

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Altran Technologies SA published this content on 23 November 2016 and is solely responsible for the information contained herein.
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