PRESS RELEASE NO. 1/2017

Geneva, 10 February 2017

Information regarding the Company's organisation

Michel Plessis-Bélair, a member of the Board of Directors of Pargesa Holding SA since 1999 and also a member of the Audit Committee and the Compensation Committee, informed the Chairman of the Board of Directors that he regretfully would not seek another term as Director at the Annual General Meeting on 4 May 2017.

The Board of Directors wishes to warmly thank Michel Plessis-Bélair for his invaluable contribution to the Board's work over the years.

Pargesa Holding SA - 11, Grand-Rue - CH-1204 Geneva Tel: +41 22 817 77 77 - Fax: +41 22 817 77 70

info@pargesa.ch - www.pargesa.ch

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Pargesa Holding SA published this content on 10 February 2017 and is solely responsible for the information contained herein.
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