At the Voyageurs du Monde SA's Company's next general shareholders' meeting, it will be proposed that shareholders approve the following changes to the composition of Voyageurs du Monde's board of directors: Gérard Brémond who is resigning and who will be appointed non-voting member of the Company's board of directors; and Téodora Alavoidov, representing a fund managed by Montefiore Investment, who is resigning.