Arkema’s Board of Directors Appoints a Senior Independent Director

Regulatory News:

Arkema (Paris:AKE)

At its meeting on 2 March 2016, the Board of Directors decided to propose to the Annual General Meeting on 7 June 2016 the renewal of the term of office of Mr Thierry Le Hénaff, Chairman and Chief Executive Officer of the Company.

The Board also decided to continue combining the roles of Chairman and of Chief Executive Officer taking account of the efficient functioning of the Company’s governance structure since its stock market listing and the existence of robust mechanisms ensuring a strict balance of powers.

Furthermore, in a constant drive to further improve its governance and in accordance with best practice, the Board decided, on a proposal by the Chairman and Chief Executive Officer supported by the Nominating, Compensation and Corporate Governance Committee, to create a role of Senior Independent Director whose main duties will be to oversee the efficient running of the Company’s governance structure and the absence of conflicts of interests and to ensure that shareholders' concerns on corporate governance matters are taken into consideration.

The Board of Directors has appointed as Senior Independent Director, François Énaud, independent Director since 2006 and a member of the Nominating, Compensation and Corporate Governance Committee.

The various duties and responsibilities of the Senior Independent Director are set out in the internal rules of the Board of Directors, available on the website arkema.com.

A designer of materials and innovative solutions, Arkema shapes materials and creates new uses that accelerate customer performance. Our balanced business portfolio spans high-performance materials, industrial specialties and coating solutions. Our globally recognized brands are ranked among the leaders in the markets we serve. Reporting annual sales of €7.5 billion in 2014, we employ approximately 19,200 people worldwide and operate in close to 50 countries. We are committed to active engagement with all our stakeholders. Our research centers in North America, France and Asia concentrate on advances in lightweight materials, renewable feedstocks, energy generation and storage, water treatment, electronics and 3D printing. For the latest, visit www.arkema.com.

Arkema
420, rue d’Estienne d’Orves – F-92705 COLOMBES Cedex – France
Standard : +33 (0)1 49 00 80 80 – Fax : +33 (0)1 49 00 83 96
Société anonyme au capital de 744 721 010 euros – 445 074 685 RCS Nanterre
www.arkema.com

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