The Board of Directors of Egide Group, meeting on June 1, 2023, announced that it has accepted the resignation of Mr. Jim COLLINS as Chairman and Chief Executive Officer of the Group. Mr. Jim COLLINS remains an employee of Egide USA, as director of the US entities to be sold, and a member of the Board of Directors. The position of Chairman and Chief Executive Officer is now split between: the Chairman's position, which has been delegated to and accepted by Mr. Michel FAURE (Board member since 2016), the Group's CEO position is delegated to and accepted by Mr. Philippe BRINGUIER, which he will combine with his position as Chief Financial Officer; Mr. David HIEN, General Manager of the Bollène facility in France, is appointed Deputy CEO of Egide SA.