Didier Kayat becomes Chairman and CEO of the Daher Group; Olivier Genis is named VP of the Board of Directors

PRESS RELEASE

Daher’s Board of Directors today appointed Didier Kayat as the Daher Group’s Chairman of the Board, succeeding Patrick Daher – who has been the Chairman since 2016. Didier Kayat retains his current position as the Group’s Chief Executive Office. Olivier Genis, a Daher family-appointed Board Director since 2020, becomes the Group’s Vice President of the Board.

• These changes are part of the constant focus by the Group’s shareholders: the Daher family and Bpifrance; to implement the optimal standards for governance of the Group.
• The added responsibilities for Didier Kayat – who has supported Daher’s development for many years – reflects the continuity of the Group’s direction and the goals of its “Take Off 2027” strategic plan.
• As the Board’s Vice President, Olivier Genis will support Didier Kayat in continuing the company’s transformation currently underway.

Didier Kayat, who has been the CEO since 2016, supported Patrick Daher from the early 2000s in the company’s development, helping to position it among the top 50 global groups in the aeronautics sector.

Olivier Genis, a Daher Group family-appointed Board Director since 2020, becomes Vice President of the Board of Directors. He currently is Chairman of Eiffage Construction and a member of the Eiffage Executive Committee – responsibilities that will conclude at the end of this month.

The Daher Board expressed its gratitude to Patrick Daher, who is retiring, for his exceptional contribution to the Group’s growth and its strengthening in all areas under his Chairmanship. His commitment to key aerospace sector bodies – in particular, the French GIFAS industry association – also has contributed to Daher’s influence. Patrick Daher has given the company a corporate purpose: “Within the scope of our activities, unleash the potential of those who move the world forward;” which will remain the Group’s guiding principles for years to come.

Patrick Daher stated: “I am very proud of the progress made by the Daher Group, and I have full confidence in Didier Kayat and Olivier Genis to continue the development for decades to come. In recent years, the Group experienced strong growth and made multiple transformative acquisitions in each of its core businesses, thanks to Didier’s contributions.”

Didier Kayat added: “The aeronautics sector is experiencing extraordinary changes, of which we are only beginning to see the impact. The coming years will be exciting, and I am proud and honored of the responsibilities entrusted to me in this context at the head of a group that has changed in scale, and today is present on three continents. I will serve the best interests of the Group and its shareholders: the Daher family and Bpifrance.”