Safran creates a Training and Managerial Development Department, headed by Gilbert Font

Paris, 7 May 2010

Safran introduces a new Training and Managerial Development Department, part of the Corporate Human Resources Division. This new department will oversee the creation and development of the new Safran University. It reports to the Strategic Training Committee, chaired by CEO Jean-Paul Herteman.

The Training and Managerial Development department was primarily crafted to develop the new Safran University, by contributing the knowledge, expertise and relationship skills needed to support the Group's growth.

The new University, which welcomes all Group employees, will foster a shared corporate culture and values. It will direct training activities to meet the Group's strategic challenges, as well as satisfying its employee skill development objectives.

Gilbert Font, until now Vice President, Economic and Financial Affairs, is in charge of this new department.

Gilbert Font, 58, a graduate of the HEC business school and "Sciences Po" in Paris, joined the Group in 1982. He started at the Société Européenne de Propulsion (SEP), where he was named Vice President, Planning and Accounting in 1990, then CFO. In 1998 he was appointed Vice President, Management Control for the Snecma group, then Vice President for Accounting and Management Control the following year. In 2000 he became CFO and Corporate Secretary of Snecma, adding responsibility for the company's improvement plan in 2005. He was named Executive Vice President of Sagem Défense Sécurité in 2006, then Vice President, Economic and Financial Affairs for the Safran group from July 2007 until this latest appointment..

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Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defense and Security. Operating worldwide, the Safran group has 54,900 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.

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