SoLocal : Cédric Dugardin is appointed Chief Executive Officer of Solocal and will succeed Hervé Milcent from ...

PRESS RELEASE / Boulogne-Billancourt, 20 November 2023

APPOINTMENT

Cédric Dugardin is appointed Chief Executive Officer of Solocal

and will succeed Hervé Milcent from 22 November 2023

Meeting 17 November 2023, the Board of Directors of Solocal Group has decided to appoint Cédric Dugardin as Chief Executive Officer. He will succeed Hervé Milcent who will leave the Group on 21 November 2023. Cédric Dugardin, member of the Bord of Directors of the Group since June 2023, will keep this function.

Philippe Mellier, chairman of the Board of Directors said: « The Board of Directors sincerely thanks Hervé Milcent for the work he has accomplished over the past few years. The Board of Directors naturally chose Cédric Dugardin, due to his knowledge of the Group and his ability to evolve in complex and transition situations. He will continue the discussions with financial creditors, analyze the different options in the interest of the Group and will initiate new momentum. »

Cédric Dugardin said « I am very honored by the trust placed in me. I will work with all stakeholders to shape a sustainable future for Solocal. I am aware of the challenges and the responsibility that will be ours in the months to come».

The Group specifies that this appointment is independent of the discussions currently taking place with its financial creditors.

Information relating to the conditions of termination of the functions of Hervé Milcent and the proposed remuneration of Cédric Dugardin will be made public on the company's website, in accordance with applicable regulation and recommendations.

Specializing in business recovery, crisis management, restructuring and transformation, Cédric Dugardin worked in various sectors of activity and in particularly complex environments.

After starting his career at PwC then Seita-Altadis, he successfully completed, among other things, the turnaround of Quick, the restructuring of Conforama and, more recently, the liquidation of the Presstalis group, allowing the takeover of its assets by France Messagerie, which he led until January 2021. He then led the transformation of the APST, the first guarantor French travel operators then supported the Salaün

tourism group in its financial restructuring. Since September 2022, he headed the Eugène Perma group, an emblematic French cosmetics company.

Cédric Dugardin is Director of IKKS and Solocal groups.

He graduated from Sciences Po Paris, the Sorbonne and the London School of Economics

Composition of Solocal Executive Committee:

• Cédric Dugardin, Chief Executive Officer
• Quentin Mazurier, Sales Director
• Olivier Regnard, Chief Financial Officer
• Stéphanie Zeppa, Chief Technology Officer
• Stéphane Monat, Marketing, Products and Media Director
• Jean-CharlesRebours, Director of Human Resources

***

EN- Solocal - www.solocal.com

Solocal is the digital partner for all local companies in France, from VSEs, to SMBs or Large Companies with networks. Our job; vitalize local life. We strive every day to unveil the full potential of all companies by connecting them to their customers thanks to our innovative digital services. We advise over 270 000 companies all over France and support them to boost their activity thanks to our digital services (Relational Presence, Websites and Digital advertising). We also bring users the best possible digital experience with PagesJaunes, and Ooreka, and our GAFAM* partners. We provide professionals and the public with our high audience services (21M views for PagesJaunes), geolocalised data, scalable technology platforms, unparalleled commercial coverage across France, our privileged partnerships with digital companies and our talents in terms of data, development and digital marketing. Solocal moreover benefits from the "Digital Ad Trust" label. To know more about Solocal (Euronext Paris "LOCAL"): let's keep in touch @solocal *GAFAM : Google, Microsoft/Bing,, Facebook, Apple, Amazon. Committed to a CRS strategy since 2013, Solocal fully endorses the United Nations Sustainable Development Goals. The company is certified bronze by Ecovadis and sylver by Gaia Ethifinance.

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Charlotte Millet	Jérôme Friboulet
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Edwige Druon		solocal.com
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