People: Veolia Environnement SA (VIE.PA)

Ms. Nathalie Rachou has been an Independent Director of Veolia Environnement SA since May 16, 2012. She is also a Member of the Company’s Member of the Accounts and Audit Committee. Ms. Rachou is a Founding Partner of Topiary Finance Ltd., a UK-based portfolio management company that she created in November 1999. Ms. Rachou graduated from the HEC business school in 1978. She started her career at Banque Indosuez (now Credit Agricole). After having been a foreign exchange broker in London and Paris from 1978 to 1982, she was in charge of assets and liabilities management and market risks until 1986, and then created the Matif business and the bank's brokerage subsidiary. From 1991 to 1996, she was Company Secretary for Banque Indosuez, then from 1996 to 1999 she was head of Global Foreign Exchange and Currency Options worldwide. In November 1999, Ms. Rachou created a portfolio management company in the United Kingdom, and has managed it ever since. She has been a non-executive Director of Societe Generale since 2008 (member of the Audit, Internal Control and Risk Committee) and of the Liautaud & Company investment bank since 2000 (member of the Strategic Committee). She has also been a French foreign trade advisor since 2001, and is on the board of ARIS (the Indosuez retiree and former employees' association) and a member of the Cercle d'Outre-Manche, as well as participating in associations at HEC.