Management appointments in the Safran group

Paris, 2 September 2010

The Safran group has made several senior management appointments, which took effect on September 1:

Alex Fain named Senior Vice President of Morpho
Alex Fain, 55, a graduate of the Ecole des Mines de Nancy engineering school (1974), held several positions at Renault SA, then Renault Véhicules Industriels, before joining the Snecma group in 1992. He was CFO and Corporate Secretary of Hispano-Suiza, then of Snecma Services in 1999, before being appointed Executive Vice President of Snecma Services in 2002. In 2006, he was named Vice President for Finance, Strategy and Improvement Actions, and Corporate Secretary of Snecma.

Jean-Yves Petit named Vice President, Finance of Sagem*

A graduate of the INSA engineering school in Lyon, Jean-Yves Petit, 52, worked at the Guiana Space Center, then joined Snecma in 1987 as head of the Ariane cryogenic engine testing department at SEP's (Société Européenne de Propulsion) plant in Vernon. From 1992 to 1999 he held several management control positions at SEP and Messier-Bugatti. In 1999, he was named head of the accounting and management department at Snecma's Space Engines division. He held this position until September 2007, when he joined Safran as Vice President Management Control and Planning.

Pierre Syx named Vice President, Finance, General Counsel & Secretary of Snecma
Pierre Syx, 53, graduated from the EDHEC business school in 1979. After holding administrative and financial positions at Unisys and ITT, he joined Sagem in 1985, where he held various management control positions in the Financial Affairs division. Pierre Syx was named Deputy Financial Director of the Sagem Communication branch in 2001, also taking charge of financial affairs for the broadband branch. In 2006, he was placed in charge of the Financial division at Aircelle, then was named Vice President, Administrative and Financial Affairs at the company in 2008.

Diego de Viaris named Vice President, Finance and Administration of Aircelle

Diego de Viaris, 55, graduated from the ESLSCA business school in 1978. He held several positions in an auditing firm, then joined Labinal as Vice President, Financial Services in 1988. He moved to Snecma in 2000 as Treasurer for the Group. He was then named Vice President, Financing and Treasury at Snecma in 2004, moving to the same position at Safran, before joining Sagem* as Vice President, Economic and Financial Affairs.

*Sagem is the commercial name of the company Sagem Défense Sécurité.

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Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has 55,000 employees and generated sales exceeding 10.4 billion euros in 2009. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.1 billion euros in 2009. Safran is listed on NYSE Euronext Paris and its share is part of the SBF 120 and Euronext 100 indexes.

Catherine MALEK
Tel. +33 (0)1 40 60 80 28
Mob. 33 (0)6 07 83 59 73
catherine.malek@safran.fr