Evolution of SPIE’s governance

Core Viewpoint - Mr. Gauthier Louette will not seek renewal of his roles as Chairman and CEO at SPIE, effective after the annual general shareholders' meeting on April 30, 2026, due to the age limit in the company's by-laws [1][9] Group 1: Leadership Transition - The Board of Directors expresses gratitude to Mr. Gauthier Louette for his nearly 23 years of leadership, during which he transformed SPIE into a leading pan-European player in the energy transition, with a market capitalization that has tripled since the IPO in June 2015 [2][8] - A new governance structure will be implemented, separating the roles of Chairman and CEO, which the Board believes is best for the company's future [3][9] - Mr. Markus Holzke will be appointed as CEO and Mr. Patrick Jeantet as non-executive Chairman, effective after the annual general shareholders' meeting on April 30, 2026 [4][9] Group 2: New Appointments - Mr. Markus Holzke has been with SPIE since 2013 and has served as CEO of SPIE in Germany and Central Europe since 2014, growing the German business from approximately €650 million to €3.6 billion in revenue, contributing around 35% to the Group's consolidated production and EBITA in 2025 [5][6] - Mr. Patrick Jeantet, who has been the Senior Independent Director since 2022, will ensure continuity and a smooth transition in governance, having a strong understanding of SPIE's operations [7][9] Group 3: Company Overview - SPIE is a leader in multi-technical services in energy and communications, with 55,000 employees and a consolidated revenue of €10.4 billion and EBITA of €793 million in 2025 [12]