AFFINE (EPA:IML) Affine: a new governance to support its strategy

Transparency directive : regulatory news

09/12/2016 18:00

Paris, 09 December 2016, 06:00 pm

Affine: a new governance to support its strategy

On December 6th, 2016, the Board of Directors of Affine decided, on the
proposal of Maryse Aulagnon, to change the governance of the company and split
the roles of chairman and CEO.

The objective of this change is to strengthen on one hand the strategic and
control functions, and on the other hand the executive functions.

Thus, as of January 1st, 2017, Maryse Aulagnon will be appointed Chairperson of
the Board. Alain Chaussard, currently co-CEO, will become CEO and will remain
Vice-Chairman of the Board. Finally, Matthieu Evrard, who joined Affine in
April 2016 as deputy CEO will become co-CEO and will be proposed to join the
Board at the next general assembly.

Maryse Aulagnon, who remains via MAB Finances the main shareholder of Affine,
will continue to fulfil certain strategic missions, in close connection with
the management, such as partnerships and alliances, investments and disposals,
and the representation of the company particularly in professional bodies.

ABOUT AFFINE

A REIT specialised in corporate real estate, Affine directly owns 44 buildings
valued at EUR514m (excluding transfer fees) and totalling 357,000 sqm in
surface area as at the end of June 2016. The company operates in office real
estate (65%), commercial real estate (22%) and warehouses and local industry
(13%). Its assets are located almost equally between the Greater Paris region
and other regions.

Affine is also the principal shareholder of Banimmo, a Belgian property
repositioning company that operates in Belgium and in France, in which Affine
holds a 49.5% stake. At the end of June 2016, its portfolio consisted of 18
office and retail buildings valued at EUR359m (transfer fees included).

Total assets under the group amount to EUR908m (transfer fees included).

Affine has opted for SIIC (Listed Real Estate Investment Companies, or REIT)
status since 2003. Affine shares are listed on NYSE Euronext Paris (Ticker:
IML FP / BTTP.PA; ISIN code: FR0000036105) and are eligible for Long-Only
Deferred Settlement Service. It is included in the CAC Mid & Small, IEIF SIIC
and EPRA indices. Banimmo is also listed on NYSE Euronext.

For more information: www.affine.fr. Follow our news feed at:
https://twitter.com/Groupe_Affine

CONTACT
INVESTOR RELATIONS
Frank Lutz
+33 (0)1 44 90 43 53 - frank.lutz@affine.fr

PRESS RELATIONS
Dentsuaegis - Alexandra Richert
+33 (0)1 45 23 55 01 - alexandra.richert@dentsuaegis.com

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14/12/2018 18:00

AFFINE (EPA:IML) Affine: a new governance to support its strategy

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