BENETEAU (EPA:BEN) - BENETEAU : Hervé Gastinel has been appointed Chief Executive Officer of the Beneteau Group's Boats Division

Transparency directive : regulatory news

21/07/2015 17:45

News release dated 21 July 2015

  Hervé Gastinel has been appointed Chief Executive Officer of the Beneteau
                              Group's Boats Division

At a meeting on Monday 20 July, chaired by Yves Lyon-Caen, the Board of
Directors of the Beneteau Group reviewed the process for the succession of
Dieter Gust, whose office expires on 31 August 2015, in accordance with the
Company's Articles of Association, which has set the age limit for members of
the Executive Board at 60.

Following the selection of applicants by Cabinet Progress, the Board selected
the application of Hervé Gastinel, who will take up his position on 26 August
2015. Hervé will occupy the position of Chief Executive Officer for the Boats
Division, and will join the Group's Executive Committee on that basis. Hervé
has acquired extensive experience in the industrial sector and has recognised
management skills; he will strengthen the Group's momentum and contribute to the
development of its Boats Division.

The Supervisory and Executive Boards would like to thank Dieter Gust for his
contribution to the Group's achievements and success over the past 20 years.
Dieter Gust will retain his position as Chairman of CNB (Construction Navale
Bordeaux), and will be put forward as a Director of the Beneteau Group at the
forthcoming Annual General Meeting of Shareholders on 29 January 2016.

Career path - Hervé Gastinel, 49

Hervé is a Graduate of ESSEC (1987), Sciences Po Paris (1989), and ENA
(1993).

He holds an advanced graduate studies diploma in financial markets, commodities
markets, and corporate management from Paris IX Dauphine University (1988).

2000-2015:   Chief Executive Officer and then Chairman of Terreal;

1998-2000:   Director of Planning and Strategy at the Saint-Gobain Group;

1997-1998:   Technical advisor in charge of economic and financial affairs, and
             new technologies at the Chairman of the French Senate's Office;

1993-1997:   Tax Inspector at the French General Finance Inspectorate

About the Beneteau Group

The Beneteau Group, the world's leading builder  of single and multi-hull
sailing boats, is continuing its expansion into the motorboat market, where it
is one of the world's leading operators.

In both the sailing and motorboat markets, the Beneteau, Jeanneau, Lagoon and
Prestige brands offer a range of over 100 models ranging from 20 to 60 feet in
length. The Group has one of the most prestigious brands in the upmarket sailing
boat building sector, namely CNB. It is extending its offering in the sector for
motorboats of over 15 metres in length with Prestige Yachts and Monte Carlo
Yachts.

The Group also occupies a leading position on the European leisure housing
market via its O'Hara and IRM brands, and is expanding into the
high-environmental performance residential housing market. Beneteau's aim is to
provide high-quality housing that meets sustainable development standards by
designing and building timber-frame houses.

Breakdown of revenues by business*
2013-14 Group revenues: EUR808.4 M

Housing      19.6%
Motorboats   38.9%
Sailboats    41.5%

* with Rec Boat Holdings LLC

                           www.beneteau-group.com

   Press information: Catherine Gros catherine.gros@consultants.publicis.fr
                             Tel: 06 03 80 51 97

  News release dated 21 July 2015 Beneteau Group Appointment news release
                                 21 July 201

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BENETEAU (EPA:BEN) - BENETEAU : Hervé Gastinel has been appointed Chief Executive Officer of the Beneteau Group's Boats Division

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