The Board of the Boussard & Gavaudan Holding Limited announced the appointment of Mrs. Nathalie Esposito and Mr. Erich Bonnet as non-executive directors of the Company with immediate effect. Mrs. Nathalie Esposito: Mrs. Nathalie Esposito is a partner, member of the management committee and Head of Business Development at GSA Capital. GSA Capital operated as a quantitative hedge fund managing third party capital from 2005 until 2021 and is currently a privately owned proprietary trading and investment ?rm.

At GSA Capital, Mrs. Esposito has been successfully driving the growth strategy, which has resulted in successful diversi?cation of business lines and quadrupling of assets under management. For twelve years, from 2002 through 2014, she held senior positions in alternative investment research and portfolio management at BlackRock Alternative Advisors: sourcing and evaluating hedge fund talent across strategy types, leading due diligence processes and working closely with client relationship management. Mr. Erich Bonnet: Erich Bonnet is the founder, principal and managing partner of Smart Lenders Asset Management, an investment management ?rm specialised in direct lending to consumers and small businesses through marketplace lending platforms. From 2009 through 2014, Mr. Bonnet was the founder and Chairman at Furstenberg Finance and SB Partners, a family investment holding and consulting company, notably advising a major ?nancial institution and private equity and distressed investment funds.

From 1998 through 2008, Mr. Bonnet was the founder and Head of Strategy and Asset Management at ADI Alternative Investments, a multi-billion dollar investment ?rm specialising in alternative asset management. The Board announced that Mr. Bruce James and Ms Julia Goh have both resigned as non-executive directors effective 29 August, 2022. Furthermore, Mr. Andrew Howat has resigned as a non-executive director and will not be standing for re-election at the Company's forthcoming annual general meeting, which is expected to be convened to be held on 22 September, 2022.