Following a proposal by the Chief Executive Officer, Axel Miller, the Board of Directors of D'Ieteren SA has decided to appoint Arnaud Laviolette as Chief Financial Officer (CFO) of the group with effect from 1 September 2015.

Arnaud Laviolette (54) holds a Degree in economic science from ICHEC (1983) and a Master in Management, specialising in finance, from the Université Catholique de Louvain (1985). He worked at Caisse Privée Banque as financial analyst, then as M&A manager (1988-1996), before moving to ING Belgium in 1996, where he headed the Investment Banking division from 2000 to 2009. He then became Head of Corporate Clients in 2009 and joined the Management Board and the Board of Directors of ING Belgium in 2011, where he was responsible in particular for the commercial banking activities. Mr Laviolette joined the Groupe Bruxelles Lambert in 2013 as Director of Investments.

D'Ieteren's CEO Axel Miller commented: "I am delighted that Arnaud Laviolette is joining D'Ieteren as CFO. The professional path he has followed so far, his experience, expertise and personality will be an important contribution to the ongoing reinforcement of our teams with a view to fulfilling our core missions: to find a new activity for the group, to strengthen D'Ieteren Auto's leadership on the Belgian market and to support the development of Belron in vehicle glass repair and replacement worldwide. His appointment will also allow us to rise to the challenges we face and to create value for all stakeholders concerned."

End of press release

Group profile

D'Ieteren is a group of services to the motorist founded in 1805, serving some 12 million corporate and end customers in 34 countries in two areas:

- D'Ieteren Auto distributes Volkswagen, Audi, Seat, Škoda, Bentley, Lamborghini, Bugatti, Porsche and Yamaha vehicles across Belgium. It is the country's number one car distributor, with a market share of more than 22% and 1.2 million vehicles of the distributed makes on the road at the end of 2014. Sales in 2014: EUR 2.7 billion.

- Belron (94.85% owned) is the worldwide leader in vehicle glass repair and replacement. In 2014, some 2,400 branches and 9,400 mobile vans, trading under more than 10 major brands including Carglass®, Safelite® AutoGlass and Autoglass® served customers in 34 countries. Sales in 2014: EUR 2.9 billion.

Contacts

Axel Miller, Chief Executive Officer

Pascale Weber, Financial Communication - Tel: + 32 (0)2 536.54.39

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