Mersen: change to the composition of board of directors

Mersen announces a change to the composition of its board of directors

Paris, January 14, 2020 – Mersen (Euronext FR0000039620 – MRN), a global expert in electrical power and advanced materials, has announced the resignation from its Board of Directors of Ardian representatives Dominique Gaillard and Yann Chareton. Their resignation follows the progressive decrease in ACF II’s stake, managed by Ardian, in Mersen’s share capital, which recently dropped below the 10% regulatory threshold.

Dominique Gaillard and Yann Chareton had been members of Mersen’s Board of Directors since 2009.

Olivier Legrain, Chairman of Mersen’s Board of Directors, said: “Ardian has played a part in the development and transformation of Mersen for more than 10 years. On behalf of the Board of Directors, I would like to warmly thank Dominique Gaillard and Yann Chareton for their contributions and confidence.”

Dominique Gaillard, Senior Advisor at Ardian, said: “Ardian has worked alongside Mersen since 2009, partnering with the management team to build the new Mersen. The company today has all the necessary assets to continue its profitable growth strategy.”

Following this change, Mersen’s Board of Directors now comprises eight members, of which 57% are women and 71% of members are independent directors (both calculated excluding employee representative on the Board).

About Mersen

A global expert in electrical power and advanced materials, Mersen designs innovative solutions to address its clients’ specific needs to enable them to optimize their manufacturing performance in sectors such as energy, electronics, transportation, chemicals & pharmaceuticals and process industries.

Mersen is listed on Euronext Paris – Compartment B

INVESTOR AND ANALYST CONTACT
Véronique Boca
VP, Communication Mersen
Tel. + 33 (0)1 46 91 54 40
Email: dri@mersen.com

MEDIA RELATIONS
Guillaume Maujean
Brunswick
Tel.: +33 (0)1 85 65 83 45
Email: mersen@brunswickgroup.com