Resignation of Mr. José Francisco Pérez Mackenna from his position as Director of Nexans _PRESS RELEASE_ Paris, January 22nd 2026 – Nexans announces the resignation of Mr. José Francisco Pérez Mackenna from his position as Director of Nexans, effective February 1st, 2026. His resignation also entails his departure from the Accounts, Audit and Risk Committee, the Appointments and Corporate Governance Committee, the Compensation Committee, and the Strategy and Sustainable Development Committee.Mr. Pérez Mack ...

Core Insights - Nexans announces a new organizational structure effective January 15, 2026, aimed at enhancing growth and competitiveness in the electrification market [1][7] - The new Executive Committee consists of 13 members focused on maximizing commercial strength, operational efficiency, and expansion through mergers and acquisitions [2] Executive Committee Composition - Julien Hueber serves as Chief Executive Officer [3] - Key Group Functions include: - Vincent Piquet, Chief Financial Officer - Nino Cusimano, Chief Legal Officer & Corporate Development Officer - Guillaume Eymery, Chief Strategy & Purchasing Officer - Séverine Grosjean, Chief Human Resources and ESG Officer [4] - Regional leadership includes: - Vijay Mahadevan, Executive Managing Director Europe - Luis Ernesto Silva, Managing Director South America - Atilla Kurtis, Managing Director Middle East and Africa - Tim King, Managing Director North America - Vincent Dessale, Managing Director APAC [5] - Business & Operations Functions include: - Pascal Radue, Senior Executive Vice President PWR-Transmission - Vincent Dessale, Chief Executive Markets & Commercial Officer - Elena Fedotova, Chief Business Development Officer Data center & Grid & Connect large projects - Vijay Mahadevan (acting), Chief Operations Officer [6] Company Overview - Nexans is positioned as a global leader in sustainable electrification, focusing on systems that support the transition to a low-carbon future [7][8] - The company operates in 41 countries with a workforce of 28,500 and generated €7.1 billion in standard sales in 2024 [9] - Nexans is committed to achieving Net-Zero emissions by 2050 and is recognized for its climate action initiatives [9]

Core Insights - Nexans is executing the Great Sea Interconnector (GSI) project in accordance with its contractual obligations and established milestones since 2023 [1] - A rescheduling of activities is ongoing with the customer, which will affect the project delivery date but not Nexans' 2028 financial guidance due to a large backlog and proactive measures [2] - Nexans remains committed to the GSI project and is confident in the long-term growth prospects of its PWR-Transmission business, supported by structural trends and a robust order backlog [3] Company Overview - Nexans is a global leader in sustainable electrification, providing advanced cable solutions and services for the transition to a low-carbon future [5] - The company has over 140 years of history and operates through three core businesses: PWR Transmission, PWR Grid, and PWR Connect, focusing on innovation and energy transition [6] - Nexans operates in 41 countries with a workforce of 28,500 and generated €7.1 billion in standard sales in 2024, with a commitment to Net-Zero emissions by 2050 [7]

Leadership Change - Nexans has appointed Julien Hueber as the new Chief Executive Officer, succeeding Christopher Guérin, effective immediately [1][2] - Christopher Guérin will remain available to support Julien Hueber until October 31, 2025 [1] Strategic Direction - The Board of Directors aims to create new momentum to optimize performance while executing the roadmap presented during the last Capital Market Day [2] - The succession process for the CEO role was comprehensive and aligned with the established succession plan, supported by a leading executive search firm [2] Julien Hueber's Background - Julien Hueber, 55, has been with Nexans since 2002 and is currently the Executive Managing Director of PWR Grid & Connect Europe, a business with €2.6 billion in revenue and 23 manufacturing plants [3] - He has extensive experience in supply chain and purchasing, with significant knowledge of the Asia-Pacific region, particularly China and South Korea [3] Board's Confidence - Jean Mouton, Chairman of the Board, expressed confidence in Julien Hueber's ability to lead Nexans, citing his strategic vision and operational excellence [4] - The Board believes Hueber's experience and leadership qualities make him the ideal candidate to drive the company's future strategy [4] Acknowledgment of Previous Leadership - The Board expressed deep gratitude to Christopher Guérin for his contributions over the past seven years, highlighting his role in transforming Nexans into a leader in sustainable electrification [5][6] - Guérin's leadership has restored confidence and pride within the Nexans team, leaving a lasting impact on the company [5][6] Company Overview - Nexans is a global leader in sustainable electrification, focusing on advanced cable solutions and services that support the transition to a low-carbon future [7][8] - The company operates in 41 countries, employs 28,500 people, and generated €7.1 billion in standard sales in 2024 [8]