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REXEL, A WORLD OF ENERGYGOVERNANCE

The Board of Directors

Rexel is a French société anonyme with a Board

of Directors. The Board of Directors works in

coordination with the Executive Committee to set the Group strategic priorities and supervise

their implementation.

80% OF DIRECTORS ARE

INDEPENDENT

40% OF DIRECTORS ARE

WOMEN

AS OF MAY 23, 2017

NEW GOVERNANCE STRUCTURE

On June 23, 2016, Rexel adopted a new governance structure and split the roles of Chairman of the Board and Chief Executive Officer. This new structure allows management to focus all its efforts on implementing and executing the Group s strategy.

Consequently, Ian Meakins was nominated by the Board of Directors as its Chairman with effect from October 1, 2016, and Patrick Berard was appointed as Rexel s new Chief Executive Officer, with effect from July 1, 2016.

CORPORATE GOVERNANCE

Rexel s corporate governance principles are based on the corporate governance code for listed companies established by the Association française des entreprises privées (French Association of Private Companies, Afep) and the Mouvement des entreprises de France (French Business Confederation, Medef).