MRM - 2019 Universal Registration Document

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Corporate governance

Corporate governance report

1.3.2 Changes to the composition of the Board of directors in 2019 Following the death of Gérard Aubert at the end of 2018, on 21 February 2019, the Board of directors appointed Valérie Ohannessian to replace him as a director and member of the Audit Committee on a temporary basis for the remaining duration of his term, i.e until the end of the Combined General Meeting of 29 May 2019. This temporary appointment was ratified by the Combined General Meeting of 29 May 2019. Moreover, as his term of office was about to expire, the appointment was also renewed for a period of four years, i.e.

until the end of the General Meeting to be called in 2023 to approve the financial statements for the previous financial year. The Combined General Meeting of 29 May 2019 also approved: • the renewal of the office of Director for Jacques Blanchard for a term of four years, i.e. until the end of the Meeting to be held in 2023 to approve the financial statements for the previous financial year; • the appointment of Gilles Castiel to the Board. Gilles Castiel was coopted at the Board of directors meeting of 6 December 2018 to replace Jean Guitton who resigned from the Board.

The table below summarises the changes in the composition of the Board of Directors and its committees that occurred in the 2019 financial year:

Ratification of temporary appointment

Appointment

Renewal

Board of Directors

Jacques Blanchard (05/29/2019)

Gilles Castiel (05/29/2019) Gilles Castiel (05/29/2019) Gilles Castiel (05/29/2019)

Valérie Ohannessian (02/21/2019) - Feminisation Valérie Ohannessian (02/21/2019) - Feminisation

Audit Committee

None

Strategic Committee

Jacques Blanchard (05/29/2019)

None

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M.R.M. 2019 UNIVERSAL REGISTRATION DOCUMENT