Arkema's Board of Directors, at its meeting on 24 February 2021, decided to ask the shareholders, at the Annual General Meeting to be held on 20 May 2021, and as replacements for Thierry Morin, Marc Pandraud and Yannick Assouad, whose terms of office are due to terminate, to approve the following: appointment of Thierry Pilenko as an independent director for a four-year term The appointment of Thierry Pilenko will enable the Board of Directors to benefit from his experience as Chairman and Chief executive officer of listed companies, as a top-level energy industry executive in a highly international environment (Europe, Africa, the Middle East, Asia and North America), and from his extensive experience in technologies and new materials, as well as in talent management. After carefully considering the experience and independence of Thierry Pilenko, and subject to his appointment by the Annual General Meeting, the Board of Directors decided to appoint Thierry Pilenko as a member of the Nominating, Compensation and Corporate Governance committee, where he will replace Thierry Morin as its Chairman. Appointment of Bpifrance as an independent director for a four-year term The appointment of Bpifrance, representing the Lac1 fund, which acquired a stake in Arkema in 2020, will enable the Board of Directors to benefit from its in-depth knowledge of Arkema's key markets, technological and environmental transitions, as well as from its expertise in the governance of listed companies. Subject to its appointment by the Annual General Meeting, the Board of Directors has decided to appoint Bpifrance as a member of the newly created Innovation and Sustainable Growth committee. Appointment of Ilse Henne as an independent director for a four-year term The appointment of Ilse Henne will enable the Board of Directors to benefit from her international management experience in metals trading, storage and processing, which has enabled her to develop expertise in strategic evolution, operational performance improvement and supply chain excellence, as well as in-depth knowledge of some key sectors for Arkema, particularly the automotive industry. Subject to her appointment by the Annual General Meeting, the Board of Directors has decided to appoint Ilse Henne as a member of the Audit and Accounts committee. The Board decided to appoint Victoire de Margerie to chair this committee after the Annual General Meeting of 20 May 2021.