CHANGES TO BUREAU VERITAS’ CORPORATE GOVERNANCE

- Hinda Gharbi is appointed Chief Executive Officer

- Laurent Mignon is appointed Chairman of the Board of Directors

- Pascal Lebard is appointed Lead Independent Director and Vice-Chairman of the Board of Directors

- Creation of a CSR Committee1 within the Bureau Veritas Board of Directors

Following the Annual Shareholders’ Meeting on June 22, the Board of Directors of Bureau Veritas, chaired by Aldo Cardoso, has decided to appoint Hinda Gharbi as Chief Executive Officer of Bureau Veritas with effect from today, succeeding Didier Michaud-Daniel.

Aldo Cardoso said: "The Board of Directors of Bureau Veritas would like to express its sincere thanks to Didier Michaud-Daniel for the tremendous work he has accomplished at the Group over more than 10 years, and the major role he has played in shaping Bureau Veritas' success. Under his leadership, Bureau Veritas has grown from strength to strength, with sales up by more than 65% over the period, over 80,000 employees with renowned expertise, 400,000 clients worldwide, and extremely strong financial structure. Bureau Veritas has reinforced its international presence, particularly in Asia and North America, and has become a key player in corporate sustainability services. On behalf of the entire Board of Directors, I would like to wish Hinda Gharbi every success in her new role.”

Aldo Cardoso has resigned from his positions as Chairman of the Board and Director of the Company following 17 years on the Board of Directors. The Board of Directors has unanimously resolved to appoint Laurent Mignon as Chairman of the Board with effect from today.

Aldo Cardoso has played a key role in all Bureau Veritas' major strategic moves. He joined the Board of Directors as a non-voting member in 2005 and became a Director and Chairman of the Audit & Risk Committee in 2009, before being appointed Chairman of the Board of Directors in 2017.

Laurent Mignon said: "The Board of Directors would like to pay tribute to Aldo Cardoso's commitment throughout his years as Chairman in leading the work of the Board and its committees, together with management, to support Bureau Veritas' development for the benefit of the Group and its shareholders. The role he has played in supporting the management transition from Didier Michaud-Daniel to Hinda Gharbi was particularly valuable. I am extremely honored to be appointed Chairman of the Board of Bureau Veritas to serve all shareholders, as a new chapter in the Group's history opens with the appointment of Hinda Gharbi."

On the recommendation of the Nomination & Compensation Committee, the Board has appointed Pascal Lebard as Lead Independent Director and Vice-Chairman of the Board of Directors. Pascal Lebard has sat on the Bureau Veritas Board as an independent director since 2013, and is Chairman of the Nomination & Compensation Committee.

The Board also decided to set up a CSR Committee, which will be chaired by Ana Giros Calpe.

The Board also decided to appoint Julie Avrane as Chair of the Strategy Committee, replacing Laurent Mignon.

All Bureau Veritas Board Committees are now chaired by an independent director.