Renewal of Directors term of office - Election of new Directors - Notice of the Annual Shareholders’ Meeting
Paris, April 3, 2007 – Nexans’ Board of Directors, who met on March 27, 2007, decided to propose to the Annual Shareholders’ Meeting:
- the renewal of Gianpaolo Caccini, Jean-Marie Chevalier, Georges Chodron de Courcel, Jacques Garaïalde and Ervin Rosenberg as Directors for a 4 year term
- the election of Jérôme Gallot, Jean-Louis Gerondeau and Nicolas de Tavernost* as Directors for a 4 year term
- to hold the Annual Shareholders’ Meeting (on second call) on
Thursday, May 10, 2007, at 4.30 p.m., in the auditorium of the Musée du Louvre, 75001 Paris (access via the pyramid of the Musée du Louvre)
Notice of this Annual Shareholders’ Meeting, as well as the agenda, the text of the proposed resolutions and the major conditions to participate and vote at this Meeting, were published in the Bulletin des Annonces Légales Obligatoires (“BALO”) on March 28, 2007. A copy of the notice of the meeting, together with the report to be made by the Board of Directors about the proposed resolutions are available online on Nexans website (www.nexans.com). The documents and information related to this Meeting may be consulted by shareholders under the conditions according to the regulation in force.
Moreover, Nexans’ 2006 Annual Report is available online on the Nexans website (Regulatory required information section) and on the AMF (Autorités des Marchés Financiers) website (www.amf-france.org). It includes the annual financial statements, the Chaiman’s report on the manner in which the work of the Board is prepared and organized as well as the internal control procedures, the statutory auditor’s report and the information related to their fees.
After serving as the Auditor at the French Court of Accounts for 3 years, he joined the Secretary General of the Inter-Ministry Committee for issues regarding the Organization for European Economic Cooperation (1989 to 1992), then the Budget Department. He was successively Cabinet Director of the Ministries of Industry, Post and Telecommunications, Foreign Trade, and Public Services, then became Deputy Finance Minister (1993 to 1997). He was appointed Director General of the Department of Competition, Consumer Affairs and Repression of Fraud within the French Ministry of the Economy, Finance, and Industry (1997 to 2003) before becoming Vice President and Member of the Executive Committee of Caisse des Dépôts and Consignations. He was appointed Chairman of CDC Entreprises in 2006.
He began his career in 1965 with the Department of International and Economic Affairs within the French Ministry of Equipment, where he worked for 5 years. He joined McKinsey in 1970, then became the Chief Executive Officer of Zodiac in 1974. He was appointed Chairman of the Zodiac Management Board in 1980.
Nicolas de Tavernost
First of all employed by the French Ministry of International Commerce (1974) then appointed General Secretary of the French Chamber of Commerce in Zurich (1976), he joined the cabinet of the Secretary of State of Post and Telecommunications in 1977 where he was posted in 1981 to the Telecommunications Department and then to the public services Division of the Video Communications Department. He joined Lyonnaise des Eaux in 1986 as Director of the Audiovisual business. He has been Managing Director of M6 since its creation in 1987, and was made Chairman of the M6 Group in 2000.
2007 Financial Calendar
- 26 April 2007: publication of the 2007 first quarter sales
- 10 May 2007: Annual Shareholders Meeting (on second call)
- 15 May 2007: payment of the dividend
- 25 July 2007: publication of the 2007 first-half results and sales
With energy as the basis of its development, Nexans, the worldwide leader in the cable industry, offers an extensive range of cables and cabling systems. The Group is a global player in the infrastructure, industry and building markets. Nexans addresses a series of market segments from energy, transport and telecom networks to shipbuilding, oil and gas, nuclear, automotive, electronics, aeronautics, handling and automation. With an industrial presence in more than 30 countries and commercial activities worldwide, Nexans employs 21,000 people and had sales in 2006 of 7.5 billion euros. Nexans is listed on the Paris stock exchange, compartment A of the Eurolist of Euronext. More information on www.nexans.com