WENDEL: Changes in the composition of Wendel's Supervisory Board

Changes in the composition of Wendel's Supervisory Board

- Nicolas ver Hulst to be appointed Chairman of the Supervisory Board at the close of the May 17, 2018 Annual Shareholders' Meeting

- Gervais Pellissier to be appointed Vice-Chairman of the Supervisory Board at the close of the May 17, 2018 Annual Shareholders' Meeting

During the Supervisory Board meeting of March 21, 2018, François de Wendel announced his intention to step down from his position as Chairman of the Supervisory Board at the close of the May 17, 2018 Annual Shareholders' Meeting, which he will chair. Following this announcement, the Supervisory Board decided to elect Nicolas ver Hulst as Chairman of Wendel's Supervisory Board. This decision will take effect on May 17, 2018 at the close of the Annual Shareholders' Meeting.

François de Wendel said: "The Board will benefit from Nicolas ver Hulst's long experience as a long-term investor, acquired through his work with Ernest-Antoine Seillière. Mr. ver Hulst was one of Mr. Seillière's principal staff members at CGIP. Owing to his in-depth knowledge of the investment industry and shareholding issues, he will be well placed to lead the constructive, fruitful dialog that must be maintained between the Supervisory Board and the Executive Board."

The Board also decided to appoint Gervais Pellissier as Vice-Chairman, with effect from the close of the Annual Shareholders' Meeting.

François de Wendel will remain a member of the Supervisory Board for the rest of his term, which will end with the close of the Annual Shareholders' Meeting to be held in 2020.

Nicolas ver Hulst

Nicolas ver Hulst is a graduate of Ecole Polytechnique and holds an MBA from INSEAD. He began his career at the French Department of Telecommunications before joining BNP.

From 1985 to 1995, he worked in various positions at CGIP, including as head of business development. From 1989 to 2017, he held management positions at Alpha Associés Conseil, initially as an Executive Board member, then as CEO, and from 2007 to June 2017 as Chairman.

Agenda

5/17/2018

Shareholders' Meeting / Publication of NAV and trading update (before Shareholders' Meeting)

9/6/2018

H1 2018 earnings / Publication of NAV (pre-market release).

By conference call

11/29/2018

2018 Investor Day / Publication of NAV and trading update (pre-market release).

About Wendel

Wendel is one of Europe's leading listed investment firms. The Group invests in Europe, North America and Africa in companies that are leaders in their field, such as Bureau Veritas, Saint-Gobain, Cromology, Stahl, IHS, Constantia Flexibles and Allied Universal. Wendel plays an active role as industry shareholder in these companies. It implements long-term development strategies, which involve boosting growth and margins of companies so as to enhance their leading market positions. Through Oranje-Nassau Développement, which brings together opportunities for investment in growth, diversification and innovation, Wendel is also a shareholder of exceet in Germany, Mecatherm in France, Nippon Oil Pump in Japan, Saham Group, PlaYce and Tsebo in Africa, and CSP Technologies in the United States.

Wendel is listed on Eurolist by Euronext Paris.

Standard & Poor's ratings: Long-term: BBB-, stable outlook - Short-term: A-3 since July 7, 2014. Wendel is the Founding Sponsor of Centre Pompidou-Metz. In recognition of its long-term patronage of the arts, Wendel received the distinction of "Grand Mécène de la Culture" in 2012.

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