Safran has selected Olivier Andries as successor to Philippe Petitcolin in the position of chief executive officer with effect on January 1, 2021. This change will take place after a transition period of one year starting on January 1, 2020. Over the past 10 years, AndriesHe has acquired solid operational experience in the Group’s Defence and Security activities and propulsion activities since 2011. Ross McInnes, Chairman of Safran’s Board of Directors, said: “Monique Cohen, our Lead Independent Director and Chair of our Appointments and Compensation Committee, and I were tasked by the Board to manage the selection process for Philippe Petitcolin’s

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