WENDEL: Laurent Mignon is appointed Group CEO, effective at the latest on January 1st, 2023

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PRESS RELEASE — SEPTEMBER 17, 2022

Laurent Mignon is appointed Group CEO,

effective at the latest on January 1st, 2023

On September 2022, the Supervisory Board of Wendel, chaired by Nicolas ver Hulst, appointed Laurent Mignon Member of the Executive Board and Group CEO of Wendel with effect on January 1st, 2023, at the latest. He will succeed André François-Poncet, Wendel’s current Group CEO, who will remain in this function until Laurent Mignon joins Wendel, at which point in time, Wendel’s Executive Board will then be made of Laurent Mignon, Group CEO, and David Darmon, Deputy Group CEO and Member of the Executive Board since 2019.

Nicolas ver Hulst, Chairman of Wendel’s Supervisory Board, said: “On behalf of the Supervisory Board, I am extremely pleased that Laurent Mignon is joining us to become Group CEO of Wendel. Laurent has held a number of leaderships positions in the financial industry, and he brings a wealth of experience. Throughout his career, he has been instrumental in transforming the companies he has run, focusing on creating value for the long term. Laurent shares Wendel’s values and displays all the qualitiespersonal and professionalto open a new chapter in our long history. He will partner with David Darmon and lead Wendel’s talented teams.

On behalf of the entire Supervisory Board, I would like to pay tribute to André’s remarkable achievements as Wendel Group CEO since January 2018. André has perfectly executed the mission he was given, and this in spite of difficult business environment with Covid19 followed by the current war in Ukraine. He leaves Wendel in order, with a simplified portfolio, a good financial standing, and a recognized ESG performance. We would like to thank him for all he has accomplished, and also for contributing to today’s transition.”

Laurent Mignon said: “I am proud and happy to join Wendel and its teams, and I would like to thank Nicolas ver Hulst and all the members of the Supervisory Board. I am honored by the trust they have placed in me by appointing me Group CEO. They can count on my commitment to develop Wendel while respecting its history and values, in the interest of all its shareholder.

Biography

Laurent Mignon has been CEO of Groupe BPCE since June 1, 2018. He is also Chairman of the Board of Directors of Natixis and a director of CNP Assurances. In addition to his duties within Groupe BPCE, he sits on the Board of Directors of Arkema and the AROP (a not-for-profit association promoting the Paris National Opera) and as a censor of Oddo BHF and Fimalac boards.