PRESS RELEASE CORPORATE GOVERNANCE CHANGES AT SAPMER

Reunion Island, 17th December 2014 - 8:30am (Paris time)

SAPMER HOLDING board of directors, which met December 16th, 2014, appointed Mr. Jacques de Chateauvieux as Chairman and CEO and Mr. Adrien de Chomereau as Deputy CEO of the company. Mr. Christian Lefevre and M Henri de Chateauvieux have been appointed as Director.

SAPMER S.A. board of directors, which met December 17th, 2014, appointed Mr. Adrien de

Chomereau as CEO of the company, in replacement of Mr. Yannick Lauri.

The Board of Directors decided the appointment of Mr. Yannick Lauri as Chairman of SAPMER S.A., in replacement of M. Jacques de Chateauvieux.

The Board also took note of the resignation of Mr. Christian Lefevre and Mr. Henri de Chateauvieux as Directors. Mr. Adrien de Chomereau has been appointed Director of SAPMER S.A. This appointment will be further ratified at the next shareholders' meeting.

SAPMER is strengthening its ability to conduct its development in accordance with the values that have made its history.

Contacts

SAPMER

Adrien de Chomereau - CEO - T: + (230) 40 59 700 - adechomereau@sapmer.com
Communication - T : +(262) 262 33 12 26 - communication@sapmer.com

About SAPMER - www.sapmer.com

SAPMER is the historical deep-sea fishing operator in the waters of the French Southern and Antarctic Territories (TAAF) based on the island of Reunion. Having been created in 1947, SAPMER now operates a wholly-owned fleet of four freezer-longliners for Patagonian Toothfish and a Freezer pot Lobster vessel for Rock Lobster and five tuna purse seiners (on board -40°C deep freeze) for its tuna fishing activity (Yellowfin and Skipjack) in the Indian Ocean.
Positioned on strong valued 'niche' activities, SAPMER is dividing its activities into two categories:

A fishing activity which includes Toothfish and Rock Lobster sales fished in the Southern Seas (Economic Zones of the French Southern and Antarctic Territories - TAAF) and whole tuna sales (Yellowfin and Skipjack) fished in the Indian Ocean.

A value-enhancing and processing activity (sashimi loins, steaks,…) of halieutic products.

SAPMER achieved in 2013 a 91.6M€ revenues (85% of which made from exportations outside Europe, mainly
Asia)
SAPMER is listed on Alternext Paris - ISIN code FR0010776617 - ALMER
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