Quadient - Bpifrance Investissement co-opted as an independent director of Quadient - Seite 2

As part of this agreement, Bpifrance also undertook to support Quadient's overall strategy within the Board of Directors and at the Annual General Meeting and to consider any capital reinvestment opportunities that may be proposed by the Company.

Didier Lamouche, Chairman of the board at Quadient, commented: “On behalf of the Board of Directors, I would like to thank Sébastien for his involvement in the exercise of his mandate. Over the past few years, Sébastien has made a contribution to the work and debates of the Board that was both relevant and highly appreciated. I am very pleased to welcome Emmanuel to the Board of Directors, as a permanent representative of Bpifrance Investissement, our new independent Director. His expertise in the areas of investment, financial analysis as well as venture capital will be extremely valuable for the diversity of profiles within the Board and to continue to effectively carry out our work supporting the Company in the implementation of its strategy.”

The composition of the Board in terms of diversity remains well aligned with the AFEP-MEDEF code and reflects the Board’s ongoing commitment to gender diversity, retaining a majority of independent members and good stewardship.

Bpifrance Investissement

Bpifrance Investissement is the asset management company that operates Bpifrance's equity investments in order to be the long-term partner of companies of all sizes by directly and indirectly financing their sustainable and responsible growth in equity, quasi-equity and debt. Bpifrance Investissement is among the largest investment management companies in France with more than €50 billion in assets under management - including €14 billion managed on behalf of third parties -, more than 250 professional investors, and a strong local presence with 53 regional locations.

Emmanuel Blot

Emmanuel Blot (38 years old, French) is currently Investment Director and Head of the Listed Investments Practice within the Large Cap division of Bpifrance. He has 14 years of experience in finance and private equity and has led several investments in listed companies on behalf of Bpifrance, including Quadient. He was previously a sell-side analyst at Bryan, Garnier & Co (2009-2011) then Oddo BHF (2011-2012) in the Aeronautics - Defense sector and then the Capital Goods sector. Emmanuel Blot graduated from ESSEC in 2009.