EDENRED S.A. : APPOINTMENT TO EDENRED'S EXECUTIVE COMMITTEE

PRESS RELEASE

	July 1, 2016
Appointment to Edenred's Executive Committee

Edenred announces the appointment of Arnaud Erulin to the newly created position of Chief Operating Officer, Northern Europe, Central Europe, France and Belgium. The new position expands Arnaud Erulin's role within the Group's Executive Committee, of which he was already a member in his previous position as Chief Operating Officer, Central Europe and Scandinavia. The appointment is part of a drive to organize the Executive Committee's operating activities into five regions instead of seven, in order to simplify operating procedures and structures.

The new Northern Europe, Central Europe, France and Belgium region will be divided into three areas:

• Julien Tanguy, previously Deputy Managing Director of Edenred France, will now be Managing Director of Edenred France^[1].
• Patrick Langlois, previously Managing Director of Edenred United Kingdom, has been appointed Regional Director, Northern Europe (Austria, Finland, Germany, Luxembourg, the Netherlands, Sweden, Switzerland and the United Kingdom)¹.
• Vianney du Parc, previously Managing Director of Edenred Romania, will now take on the role of Regional Director, Central Europe (Bulgaria, Czech Republic, Hungary, Poland, Romania, Russia and Slovakia)¹.

Southern Europe, led by Graziella Gavezotti, will now be extended to include Lebanon and Morocco, in addition to Greece, Italy, Portugal, Spain and Turkey.

Bertrand Dumazy, Chairman and Chief Executive Officer of Edenred, said: "This new way of organizing the operating activities within the Executive Committee will enable us to become even more efficient in the European market, which offers significant growth potential for Edenred, in both the employee benefits and expense management segments, and where we are stepping up the shift to digital. I would like to extend a heartfelt thank you to Laurent Delmas, previously Chief Operating Officer, Edenred France and Bernard Rongvaux, previously Chief Operating Officer, Northern Europe and Africa, for their precious contribution over many years and for their commitment to our Group."

Operating responsibilities are now organized into five main regions within Edenred's Executive Committee:

• Asia-Pacific and Middle East - Chief Operating Officer: Laurent Pellet
• Brazil - Chief Operating Officer: Gilles Coccoli
• Hispanic and North America - Chief Operating Officer: Diego Frutos
• Northern Europe, Central Europe, France and Belgium - Chief Operating Officer: Arnaud Erulin
• Southern Europe - Chief Operating Officer: Graziella Gavezotti

Biography of Arnaud Erulin
Arnaud Erulin, 46, is a graduate of European Business School and has an MBA from ESCP Europe. He started his career with Ticket Restaurant^® France in 1993. He then held various management positions and, in 2003, became Director of International Marketing and Corporate Communications for Accor Services. In 2004, he was appointed Managing Director of Accor Services, Hungary. In 2009, he took charge of the Group's Central Europe and Scandinavia region and joined the Executive Committee of Accor Services, which became Edenred in 2010. Between 2014 and 2016, he was also responsible for overseeing operating synergies with UTA. He was appointed Chief Operating Officer, Northern Europe, Central Europe, France and Belgium in 2016.

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Edenred, which invented the Ticket Restaurant^® meal voucher and is the world leader in prepaid corporate services, designs and manages solutions that improve the efficiency of organizations and purchasing power to individuals.
By ensuring that allocated funds are used specifically as intended, these solutions enable companies to more effectively manage their:

• Employee benefits (Ticket Restaurant^®, Ticket Alimentación, Ticket CESU, Childcare Vouchers, etc.)
• Expense management process (Ticket Car, Ticket Clean Way, Repom, etc.) 
• Incentive and reward programs (Ticket Compliments, Ticket Kadéos, etc.)

The Group also supports public institutions in managing their social programs.
Listed on the Euronext Paris stock exchange, Edenred operates in 42 countries, with 6,300 employees, 660,000 companies and public sector clients, 1.4 million affiliated merchants and 41 million beneficiaries. In 2015, total issue volume amounted to €18.3 billion.

Ticket Restaurant^® and all other tradenames of Edenred products and services are registered trademarks of Edenred SA.

Follow Edenred on Twitter: www.twitter.com/Edenred

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CONTACTS

Media Relations Anne-Sophie Sibout [phone] [e-mail]   Astrid de Latude [phone] [e-mail]

Investor and Shareholder Relations Louis Igonet [phone] [e-mail] Aurélie Bozza [phone] [e-mail]

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^[1] Biography on request

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Source: EDENRED S.A. via Globenewswire

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