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Change in Nexity’s governance

To cope with the sudden disappearance of Jean-Philippe Ruggieri, Nexity’s Chief Executive Officer on 24 April 2020, the Board of Directors, which met on 25 April 2020, has decided to recombine the functions of Chairman and CEO and has appointed Alain Dinin as Nexity’s CEO with immediate effect. Alain Dinin will be leading the management team, composed of Julien Carmona, confirmed as Deputy CEO and corporate officer, as well as Véronique Bédague-Hamilius and Frederic Verdavaine, Deputy CEOs.Disclaimer
The information, assumptions and estimates that the Company could reasonably use to determine its targets are subject to change or modification, notably due to economic, financial and competitive uncertainties. Furthermore, it is possible that some of the risks described in Section 2 of the Universal Registration Document filed with the AMF under number D.20-0280 on 9 April 2020 could have an impact on the Group’s operations and the Company’s ability to achieve its targets. Accordingly, the Company cannot give any assurance as to whether it will achieve its stated targets, and makes no commitment or undertaking to update or otherwise revise this information.
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