Management Appointment at Safran

Paris, September 20, 2013

Michel Dechelotte was named Safran Senior Vice President Public Affairs on September 1, 2013, replacing Patrick Dechin, who moves to another position within the Group. Mr. Dechelotte reports to Stephane Abrial, Deputy Chief Executive Officer, Corporate Office.

Michel Dechelotte, 57, is a graduate of France's prestigious HEC (1976) and ENA (1980) business and administration schools, respectively. He started his career in 1980 as a civil administrator with the external economic relations department of the French Ministry of the Economy and Finance. In 1984 he joined Airbus Industrie, holding management positions in sales, finance, legal and international affairs. Michel Dechelotte moved to Snecma in August 2001 as corporate vice president in Toulouse. He was named development director in Russia for Snecma Moteurs in September 2003, then Chairman and CEO of PowerJet, the joint venture between Snecma and NPO Saturn in charge of the SaM146 regional jet engine. He moved to Messier-Dowty in 2007 as Chief Financial Officer and was then Corporate Secretary of Messier-Bugatti-Dowty from May 2011 until this latest appointment.

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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 Group has 62,500 employees and generated sales of 13.6 billion euros in 2012. 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 1.6 billion Euros in 2012. Safran is listed on NYSE Euronext Paris and is part of the CAC40 index.

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