ESI Group SA announced resignation effective 6 November 2023 of (i) Cristel de Rouvray as member of the Board and Chairwoman of the Strategic Committee, (ii) Véronique Jacq as member of the Board and member of the Audit Committee and the Strategic Committee, (iii) Yves de Balmann as member of the Board and member of the Compensation /Nomination and Governance /CSR committee and the Strategic Committee and (iv) Alex Davern as member of the Board, Chairman of the Board, and member of the Strategic Committee and Compensation /Nomination and Governance /CSR committee. The Board has unanimously decided to appoint (i) Hamish Gray as Board member to replace Véronique Jacq, (ii) Jo Ann Juskie as Board member to replace Cristel de Rouvray, and (iii) Jason Kary as Board member to replace Yves de Balmann, in each case for the remaining duration of the term of office of the resigning Board member. These appointments are subject to ratification by the next General Meeting planned in June 2024.

The Board also unanimously appointed Hamish Gray as the new Chairman of the Board. Finally, the Board appointed Jason Kary and Rajani Ramanathan as members of the Audit Committee and Jo Ann Juskie and Patrice Soudan as members of the Compensation/Nomination & Governance/CSR Committee. The Strategic Committee was terminated.

Composition of Audit Committee: Jason Kary and Rajani Ramanathan as member, Patrice Soudan as chairman. Composition of Compensation/Nomination & Governance/CSR Committee: Jo Ann Juskie and Patrice Soudan as member and Rajani Ramanathan as Chairwoman.