BENETEAU (EPA:BEN) - 181121 BENETEAU Termination as President C Demaria Monte Carlo Yachts

Transparency directive : regulatory news

21/11/2018 18:00

Press release - November 21, 2018

      Monte Carlo Yachts: Termination of Carla Demaria as Chairperson

The shareholders' meeting of Monte Carlo Yachts S.p.A. held on 21 November 2018
has terminated the mandate of Mrs Carla Demaria as Chairperson and member of
the Board of Directors of the company.

It has appointed Mr Christophe Caudrelier, Groupe Beneteau CFO and member of
its Management Board, as President of Monte Carlo Yachts. The management team
led by Fabrizio Iarrera, with the support of Attilio Bruzzese, has been
confirmed and benefits from the full trust of the controlling shareholder.

Since the creation of this subsidiary in 2008, Groupe Beneteau has invested
over 80 million euros in the development of Monte Carlo Yachts in Monfalcone,
Italy. The financial investment was combined with the continuous support of the
Group to the Italian team, allowing them to benefit from the industrial
know-how and worldwide distribution networks of Groupe Beneteau.

Monte Carlo Yachts will launch three new models during this season 2018-19, as
announced at the Cannes Yachting Festival in September.

L'assemblea degli azionisti di Monte Carlo Yachts S.p.A., che si è tenuta il
21 novembre 2018, ha revocato il mandato della Dott.ssa Carla Demaria come
Presidente e membro del Consiglio di Amministrazione della società.

L'assemblea ha nominato come nuovo Presidente di Monte Carlo Yachts Christophe
Caudrelier, già CFO e membro del Consiglio di Amministrazione di Groupe
Beneteau. È stato confermato, e beneficia della piena fiducia dell'azionista
di controllo, il Management Team guidato da Fabrizio Iarrera con il supporto di
Attilio Bruzzese.

Dal momento della creazione della filiale nel 2008, Groupe Beneteau ha
investito più di 80 milioni di euro nello sviluppo del marchio Monte Carlo
Yachts, che ha sede operativa a Monfalcone, in provincia di Gorizia (Italia).
L'investimento finanziario si aggiunge al supporto continuo del Gruppo nei
confronti della squadra italiana, che permette di beneficare delle competenze
industriali e della rete distributiva del Gruppo a livello mondiale.

Monte Carlo Yachts presenterà tre nuovi modelli nella stagione 2018-19, come
già annunciato al Cannes Yachting Festival lo scorso settembre.

                             ABOUT GROUPE BENETEAU

As the boating industry's global market leader, Groupe Beneteau, through its
Boat division's 11 brands, offers over 200 recreational boat models serving its
customers' diverse navigational needs and uses, from sailing to motorboating,
monohulls and catamarans.

Leading the European leisure homes market, the three brands from the Group's
Housing division offer a comprehensive range of leisure homes, lodges and pods
that combine eco-design with high standards of quality, comfort and
practicality.

With its international industrial capabilities and global sales network, the
Group employs 7500 people, primarily in France, the US, Poland, Italy and
China.

FY 2017-2018 Group revenues : EUR 1287.2 M

Motorboat : 47.5%
Sailboat :  37.5%
Housing :   15.0%

CONTACTS - GROUPE BENETEAU

INVESTORS AND PRESS CONTACT
Mirna Cieniewicz
m.cieniewicz@beneteau-group.com
Tel +33 (0)2 51 26 88 50

SHAREHOLDER CONTACT
Yannick Coicaud-Thomas
y.coicaud.thomas@beneteau-group.com
Address: 16 bd de la Mer - CS 43319
85803 Saint Gilles-Croix-de-Vie Cedex (France)

www.beneteau-group.com

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26/04/2024 17:40

BENETEAU (EPA:BEN) - 181121 BENETEAU Termination as President C Demaria Monte Carlo Yachts

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