Colas announced the appointment of Pierre Vanstoflegatte as Chief Executive Officer. Frédéric Gardès has informed the Board of Directors of Colas that the consequences for him of the contemplated delisting of Colas and of the change in the terms and conditions of the executive management of Colas, did not meet his personal expectations. Under these circumstances, he has tendered his resignation from his position as Chief Executive Officer.

The Board of Directors of Colas acknowledged his resignation. Pierre Vanstoflegatte, 55, is a graduate of Ecole Polytechnique and Ecole des Mines de Paris; he held the positions of Chief Operating Officer, then Chairman of Bouygues Energies & Services from 2019 until his combination with Equans earlier this year. Pierre Vanstoflegatte has significantly improved Bouygues Energies & Services?

performance in recent years, thanks to his extensive experience in the agency business, acquired both in France and internationally within Spie and Schindler. In 2022, he led, in an exemplary performance, the detachment project of Bouygues Energies & Services and its combination with Equans, a company acquired by Bouygues in October 2022. As Chief Executive Officer of Colas, his mission will be to pursue the company?s development and improve cross-functionality with other Bouygues Group businesses, in particular Bouygues Construction and Equans.