Societe Alsacienne et Lorraine de Valeurs d'Entreprises et de Participations SA (Salvepar) Receives Public Tender Offer from Tikehau Participations & Investissements and Appoints New Chairman and CEO

Societe Alsacienne et Lorraine de Valeurs d'Entreprises et de Participations SA (Salvepar) announced that Tikehau Participations & Investissements (TPI) has launched a public tender offer to acquire all the shares in Salvepar that it does not already own at a price of EUR 86.24 per share. The offer follows the acquisition by TPI of a 51.42% stake in the share capital of Salvepar for a total amount of EUR 69,412,247.52. Following therse changes, Salvepar appointed Mr. Antoine Flammarion as Chairman of the Board and Chief Executive Officer to replace Mr. Yve-Claude Abescat.