The Board of Directors of SABCA announced that, considering his forthcoming retirement, Mr. Jean-Marie Lefèvre, CEO of SABCA, will withdraw from his function as CEO and from the other positions held in the subsidiaries of SABCA as from August 31, 2016. The Board of Directors has appointed as the new CEO of SABCA, Mr. Thibauld Jongen, presently Senior Vice President and Managing Director of Cenco International at Techspace Aero (Safran Group). He will join SABCA on June 1, 2016.

M. JeanMarie Lefèvre will continue to support SABCA with his knowledge and experience as adviser to the new CEO.