Anne Bouverot appointed Chair and CEO of Morpho (Safran)

Paris, March 18, 2015

Anne Bouverot has been appointed Chair and CEO of Morpho (Safran), effective August 1, 2015. She will replace Philippe Petitcolin, who is expected to be appointed Chief Executive Officer of Safran.

Anne Bouverot, 48, is a graduate of the Ecole Normale Supérieure, with a telecommunications engineering degree, and holds a PhD in computer science (1991). She started her career as an IT project manager for Telmex in Mexico, moving to Global One in the United States in 1996. She was named Vice President, IT services business unit at Equant in 2002. Two years later she became Chief of Staff to the Orange CEO in the UK, then Executive Vice President, Mobile Services for France Telecom Orange. In 2011, she was named Director General and a member of the Board of Directors of GSMA, the global association of mobile operators. In addition, she is a member of the Boards of Directors of CapGemini and Edenred.

"Anne Bouverot brings to Morpho her very solid experience in the very dynamic and selective field of information technologies," said Philippe Petitcolin.

In line with the governance principle approved during its meeting on December 5, 2014, Safran's Board of Directors, meeting after the Annual General Meeting of Shareholders on April 23, 2015, is expected to name Philippe Petitcolin as Chief Executive Officer of the Group.

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Group has 69,000 employees and generated sales of 15.4 billion euros in 2014. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 2 billion euros in 2014. Safran is listed on Euronext Paris and is part of the CAC40 index.

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