Peugeot: Press Release Supervisory Board

  Peugeot: Press Release Supervisory Board

Business Wire

PARIS -- October 24, 2012

Regulatory News:

At its meeting on 23 October 2012, the Supervisory Board of Peugeot S.A.
(Paris:UG) positively welcomed the announcement concerning Banque PSA
Finance’s financing by the Group’s partner banks and the French State.

In this context, it was decided that for as long as the State guarantee is in
effect, no dividends will be paid, no shares will be bought back and neither
stock options nor performance shares will be granted to members of the
Managing Board.

In addition, to further involve employees in the Group’s governance, the
Supervisory Board decided to initiate the process of having shareholders at
the Annual Meeting elect an employee representative to the Supervisory Board.

The Supervisory Board also expressed its intention to pursue the dynamic
already underway to renew its membership and elect more women, in particular
by nominating a new independent member. This new member should become member
of the Strategic Committee and lead independent member of the Supervisory
Board and play an important role in the group’s governance.

At the next shareholders meeting, the shareholders will convene to vote on the
appointment of independent members to the Supervisory Board of Peugeot SA.


Peugeot S.A.
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