Orco on roadshow: meet us in Paris, Prague and Warsaw on 4th September 2008, in Zurich on 1st October 2008, in Budapest on 15 – 17th October 2008*** contact us at investors@orcogroup.com
  • Orco on roadshow: meet us in Paris, Prague and Warsaw on 4th September 2008, in Zurich on 1st October 2008, in Budapest on 15 – 17th October 2008*** contact us at investors@orcogroup.com

MaMaison Pokrovka suite hotel
Direct contacts:

Arnaud Bricout , Vice President of Corporate Finance
Severine Farjon , Head of Investor Relations
Email: investors@orcogroup.com

PROJECT SEARCH

Location: Project type: Ownership: Project name:

ORCO PROPERTY GROUP | Board of Directors

Board of Directors

Managing directors : Jean-François Ott, Luc Leroi

General secretary : Luc Leroi

Directors

First appointment /ratification cooptation

Last appointment

Mandat termination

Jean-François Ott

Managing director

09/09/03

24/04/08

30/04/09

Remy Allemane

Director

10/06/02

24/04/08

30/04/09

Arnaud Bricout

Director

29/04/04

24/04/08

30/04/09

Pierre Cornet

Director

15/03/00

24/04/08

30/04/09

Patrick Ganansia

Director

15/03/00

24/04/08

30/04/09

Bernard Gauthier

Director

15/03/00

24/04/08

30/04/09

Luc Leroi

Managing Director

29/04/04

24/04/08

30/04/09

Silvano Pedretti

Director

09/09/03

24/04/08

30/04/09

Nicolas Tommasini

Director

29/04/04

24/04/08

30/04/09

Guy Wallier

Director

15/03/00

24/04/08

30/04/09

Ott&Co S.A., represented by Mr Jean-François Ott, Managing director

29/04/04

24/04/08

30/04/09

CEREM S.A., represented by Mr Luc Leroi, Director

26/04/07

24/04/08

30/04/09

The members of the Board of Directors are elected by the general meeting of shareholders for a period not exceeding six years. They are eligible for re-election and they may be removed at any time, with or without cause, by a resolution adopted by the simple majority of the general meeting of shareholders. The current mandate for the directors expires on April 2008.

At present, the Board of Directors is formed by 12 directors among 6 are independent directors, meaning they are not involve in management and are not employees or advisors with regular salary, or give professional services such as external audit, legal advisors, and also meaning that they are not related person or close relative of any management member or majority shareholder of the company.

Conduct

Within the five years prior to the date of this registration document, no member of the Board of Directors or the Executive Committee:

• was convicted of any fraudulent offences;

• was associated with any bankruptcies, receiverships or liquidations of companies or partnerships of which he acted as a director or senior manager;

• was officially and publicly incriminated and/or sanctioned by statutory or regulatory authorities (including designated professional bodies); or

• has been disqualified by a court from acting as a member of the administrative, executive or supervisory bodies of an issuer or from acting in the management or conduct of the affairs of any issuer.

Conflicts of interest

No member of the Board of Directors or the Executive Committee holds a position in another company or institution that constitutes a conflict of interest with their position in the Company, nor have they any interest, conflicting or otherwise, that is material to the Offering.

Third-party influence on the election of the members of the Board of Directors

No third party has any influence over the election of the members of the Board of Directors.