Redefinition of the Group Executive Committee to reflect the execution strategy of the Hybrid Twin^TM

• Structured around three business pillars, aligned with the challenges of the Industry of the Future (Industry 4.0)
• Promotion of Christian Matzen as Executive Vice-President “Sales and Marketing”, Group Executive Committee (GEC) member
• Promotion of Dominique Lefebvre as Director of Product Operations, and integration within the Group Executive Committee (GEC)

PARIS — (BUSINESS WIRE) — March 6, 2018 — Regulatory News:

ESI Group (FR0004110310 – ESI) (Paris: ESI), leader and pioneer in Virtual Prototyping solutions, today announced the transformation of its management and operational organization, in line with the adaptation of its new Hybrid Twin^TM solutions, representing the industrial Product in its development phase (traditional PLM), but also in its ‘in-service’ operational conditions (Product Performance Lifecycle^TM, “PPL”), as part of its global “Objective 2020” strategy. This transformation aims to bring the Group’s business and executive management in line with ESI’s new value proposition, based on the pace and disruptive evolution needs of its industrial customers. The Group’s organization is now structured, in alignment with the challenges of the Industry 4.0 and Smart Factory and the Outcome Economy, around three business pillars: “Engineering” (design and development of industrial Products), “Manufacturing” (manufacturing of Products) and “In-Service” (usage, control and maintenance of Products, from launch to withdrawal).

In this context and to support this fundamental reorganization, Christian Matzen, GEC member, is promoted to Executive Vice-President “Sales and Marketing” (EVP S&M), and Dominique Lefebvre is appointed Director of Edition Product Operations and joins the GEC.

These executive corporate management changes follow the recent appointment of Angelita Reyes as the Group Human Resources Director, GEC member, who is already actively involved in the Group’s structural reorganization plan.

The constitution of ESI’s Group Executive Committee is now fully aligned with the Group’s new strategic vision from Virtual Prototype to Hybrid Twin^TM, and now gathers the following members (from left to right):

• Christian Matzen – Executive Vice-President Sales and Marketing
• Corinne Romefort-Régnier – Corporate Governance Director
• Christopher St.John – COO, Distribution and Support Operations
• Alain de Rouvray – Chairman and Group Chief Executive Officer
• Vincent Chaillou – Board member, COO and President Edition Operations
• Dominique Lefebvre – Edition Product Operations Director
• Angelita Reyes – Group Human Resources Director
• Mike Salari – Executive Vice-President Engineering Services

Christian Matzen – Executive Vice-President Sales and Marketing

Dominique Lefebvre - Director of Product Operations