Upon proposal of the Nominations and Remuneration Committee, the Supervisory Board of Argan decided, on April 18, 2024, to appoint Mr. Aymar de GERMAY as a member of the Executive Board replacing Mr. Frédéric LARROUMETS, who resigned, with immediate effect and for the remaining duration of the term. Aged 50, Mr. Aymar de GERMAY joined the Company in July 2022. A graduate of Sciences Po and ESSEC, he has developed, over more than 25 years, a unique career path leading him to assume management roles in both the public and private sectors.

Alongside his professional activity, he notably held several mandates as a local elected official between 2001 and 2020. Before joining ARGAN, he was the CEO of TILIA France, a consulting firm that supports industrial and public authorities in their ecological and energy transition strategies and projects. As General Secretary of ARGAN, Aymar de GERMAY will also continue to oversee governance, corporate legal matters, administrative affairs, human resources, and ESG strategy.

Consequently, the Executive Board is composed of three members: Ronan LE LAN, Chairman, Francis ALBERTINELLI, Member, and Aymar de GERMAY, Member.