New Accor Executive Committee

As a result, the Executive Committee will now comprise:

Chief Operating Officers of the major regions:

• Yann Caillère | Chief Operating Officer, Europe, Africa and Middle East
• in charge of Sofitel Worldwide, Construction and Maintenance
• Michael Issenberg | Chief Operating Officer, Asia Pacific
• Michael Flaxman | Chief Operating Officer, Americas

Corporate functions:

• Jean-Luc Chrétien | Executive Vice President, Hotel Marketing and Distribution
• Sophie Goldblum-Flak* | Executive Vice President, Business Transformation, Innovation, Technologies and Sustainable Development
• Patrick Ollivier | Executive Vice President, Global Human Resources
• Olivier Poirot | Chief Financial Officer in charge of Motel 6/Studio 6 and Procurement
• Pascal Quint | Corporate Secretary and Secretary of the Board of Directors in charge of Legal Affairs, Insurance and Risk Management

In addition, Jacques Stern, Deputy Chief Executive Officer in charge of Services and Finance, will be responsible for Group Finance until the Extraordinary Shareholders’ Meeting voting on the demerger.

Ms. Goldblum-Flak, 38, is a graduate of Institut d'Etudes Politiques in Strasbourg and EM Lyon.

After beginning her career at Unilever International Paris, she joined Accenture in 1998, where she became a partner in charge of innovation and sustainable development strategies.

At Accor, she will oversee change management programs to support the Group in the transformation of its businesses, particularly the shift to management and franchise contracts. She will also be in charge of information systems and of integrating new technologies into the hospitality offering, while strengthening the Group’s position as a leader in innovation and sustainable development.

Accor, the world's leading hotel operator and market leader in Europe, is present in 90 countries with 4,400 hotels and more than 530,000 rooms. Accor's broad portfolio of hotel brands - Sofitel, Pullman, MGallery, Novotel, Suite Novotel, Mercure, Adagio, ibis, all seasons/ibis styles, Etap Hotel/ibis budget, hotelF1 and Motel 6 - provide an extensive offer from luxury to budget. With 145,000 employees worldwide, the Group offers to its clients and partners nearly 45 years of know-how and expertise.