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2Corporate governanceBoard of DirectorsExor SA (Luxembourg)■■Director since 3 May 2005Exor SA was also a member of the Supervisory Board of Sequana (formerly Worms & Cie) between 2004 and 2005.Its term of office, which was renewed in 2011, will expire at the end of the Annual General Meeting of 27 June 2013.■■Exor SA holds 4,685,844 shares in Sequana (18.74% of the Company’s share capital), all in registered form.Registered office: 22-24, boulevard Royal – 2449 Luxembourg, LuxembourgDirectorships and positions held in 2012 and since 1 January 2013:Directorships and positions held in the past five years:Director of Sequana - none -Represented byPierre MartinetManaging Director of Old Town (Luxembourg)Director of Sequana in his own name from 3 May 2005 to 21 July 2010Deputy Chief Executive Officer of Sequana from 3 May 2005 to 30 June 2007Pierre Martinet was also a member of the Supervisory Board of Sequana (formerly Worms & Cie) between 2004 and 2005.Since Exor SA’s term of office as director is due to expire at the end of the Annual General Meeting of 27 June 2013, the Board ofDirectors is asking shareholders to appoint Pierre Martinet as director in his own name for a period of three years.■■Mr Martinet is 63 years old and holds 2,176 shares in Sequana, registered in his name.■■He is a graduate of the ESCP Paris business school and holds an MBA from the Columbia Graduate School of Business. He began hiscareer in 1974 as an authorised M&A agent for Rothschild Banque, then joined Cartier in 1977 as General Secretary. Mr Martinetworked for Paribas Technology France in 1986 as the firm’s Chief Executive Officer and Managing Partner of venture capital fundsbefore joining the management of Perrier in 1990, where he was responsible for equity transactions. In 1993, after Nestlé’s takeoverbid for Perrier, Mr Martinet joined the Exor group, where he held various positions, including director and Chief Executive Officerof Exor SA in Paris. He is currently Managing Director of Old Town, Luxembourg.Professional address: 3, rue Saint-Léger – 1205 Geneva, SwitzerlandDirectorships and positions held in 2012 and since 1 January 2013:Chairman of Almacantar SA (Luxembourg)Director of Ipsen SA – Listed company (Euronext A)Member of the Supervisory Board of Cartier SA (Paris) (until 30 September 2012)Director of Cushman & Wakefield (USA) (until 10 October 2012)Member of the Supervisory Board of Banijay Entertainment (France)(until 17 December 2012)Director of Greysac SAS (until 30 September 2012)(1) Subsidiary of Sequana.Directorships and positions held in the past five years:Chairman of Arjo Wiggins Appleton Ltd (UK)Chairman of Ifil FranceChairman of Financière de Construction de Logements SASDirector of Old Town SA (Luxembourg)Director of Arjo Wiggins Appleton LtdDirector and Vice-Chairman of Exor (USA)Member of the Supervisory Board of Arjowiggins (1)Member of the Supervisory Board of Antalis International (1)Deputy Chief Executive Officer of Sequana CapitalDirector of Exor Finance Ltd (Ireland)52 | Sequana | 2012 Document de référence (English version)