Appointment of David Clarke As New Director of Vallourec

Core Viewpoint - Vallourec has appointed David Clarke as a new member of its Board of Directors, replacing Keith James Howell, with his ratification to be proposed at the upcoming Shareholder's meeting on May 21, 2026 [2]. Group 1: Appointment Details - David Clarke has been co-opted to the Board at the request of ArcelorMittal and will also serve on the Nominations and Governance Committee [2]. - The Board of Directors of Vallourec consists of nine members, with 55% being women and 63% being independent [5]. Group 2: David Clarke's Background - David Clarke joined Mittal Steel in 2003, focusing on integration and operational improvements in Eastern Europe, and co-led the development of the Mittal Steel value plan in 2006 [3]. - He has held various strategic roles, including Vice President of Strategy in 2007 and Head of Strategy since 2013, overseeing the development of the industry outlook and leading key strategic projects [3]. - Clarke served as Chief Technology Officer of ArcelorMittal from 2016 to 2019 and as head of commercial coordination and marketing from 2019 to 2021 [4]. - His academic credentials include a PhD and MA in theoretical physics from Princeton University, along with a BSc (Hons) in mathematics and physics from the University of Western Australia [4]. Group 3: Company Overview - Vallourec is a global leader in premium tubular solutions for energy markets and industrial applications, employing nearly 13,000 people across more than 20 countries [6]. - The company is listed on Euronext in Paris and is part of several indices, including CAC Mid 60, SBF 120, and Next 150 [6]. - Vallourec has established a sponsored Level 1 American Depositary Receipt (ADR) program in the United States, with a parity set at 5:1 between ADR and ordinary shares [6].