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    2013.05.22 | | Management appointments at Safran

    Paris, May 22, 2013 - Safran has made several management appointments, effective July 1, 2013. Yves Leclère named Advisor to the Safran Chairman, Jean-Paul Herteman. Yves Leclère, 63 graduated from Sup’Aéro (1973) and the CPA Paris business school (1982). He started his career with the Group in 1974, joining Messier as head of international partnerships, then economic affairs in 1978. He was head of purchasing at Messier from 1983 to 1988. At that point he was named CEO of Eram, a Snecma subsidiary specialized in landing gear, with responsibility for restructuring this business. In 1992 he was named head of the Messier-Bugatti Wheels & Brakes division, before becoming Chairman and CEO of this company in 1994. In 2006 he was named Executive Vice President of Safran, in charge of the Aircraft Equipment branch, and a member of the Management Board, then in 2011 he was appointed Executive Vice President, Transformation. Jean-Pierre Cojan named Executive Vice President of Safran, in charge of Strategy and Transformation. Jean-Pierre Cojan, 59, graduated from the Ecole des Mines de Paris engineering school (1974). He joined Snecma in 1977 as structural design engineer. Starting in 1981 he moved to CFM International (a joint venture with GE) as CFM56 customer manager for military applications. He then returned to Paris in 1985 to take charge of preparations for CFM56 service entry for new customers. In 1988 he was named head of customer support for several major airlines. Jean-Pierre Cojan returned to Snecma in 1990 as head of customer technical support, then director of marketing in 1991. He was named director of the commercial aviation market in 1995, then head of the Commercial Engines division in 2001. In 2007 he was named Chairman and CEO of Aircelle, also a Safran company, then Safran Executive Vice President for Strategy in 2009. Eric Dalbiès named Vice President of Strategy of Safran. Eric Dalbiès, 45, holds degrees from the Ecole Polytechnique (1987) and Sup’Aéro (1992) engineering schools. He joined Société Européenne de Propulsion (SEP, now part of Snecma) in 1992, starting as system design engineer with the advanced engines department, then chief engineer for the HM7 and Vinci. In 2005 he was named head of rocket engine programs at Snecma. He moved to fellow Group company Turbomeca in 2005, as head of information technology, before being named deputy to the president and head of the Safran+ improvement initiative in 2008. He added the title of Vice President for Information Technology in 2011. Olivier Horaist named Deputy Director for European and International Relations (the former International division is now known as the European and International Relations division). Olivier Horaist, 55, is a graduate of the Ecole Centrale de Lille engineering school (1981). He started his career with Snecma, and has held various positions in processes and manufacturing. In 1992 he was named head of the production support department, then head of the sheet-metal and welded-assemblies unit in 1997. In 2000 he was named general manager of the Corbeil plant, then head of executive management at the company in 2004. From 2005 until being named Chairman and CEO of Hispano-Suiza in 2007, Olivier Horaist was in charge of executive management at Safran. Within this same division, Jean-Paul Jainsky is named Vice President, reporting to the Executive Vice President for European and International Relations. He will be in charge of new Group-wide projects, especially in Africa. Jean-Paul Jainsky, 62, graduated from the Arts et Métiers engineering school (1975) and started his career with SAT (Société Anonyme de Télécommunications), where he held several positions in the mechanical manufacturing division, before being named head of production at the Poitiers plant in 1988. He joined the Group in 1994, , being named director of Sagem’s Montluçon and Poitiers plants. In 1998 he was named Vice President, in charge of the Security business, then Vice President, Production and Operations in the Automobile division in 2001. Jean-Paul Jainsky was appointed to the Management Committee in 2002, and became head of the Security division. When Sagem Défense Sécurité was created in 2005, he was named Executive Vice President and head of the Security Division, then Chairman and CEO of Sagem Sécurité (which became Morpho) in 2007. Philippe Petitcolin will be nominated as Chairman and CEO of Morpho during a meeting of the company’s Board of Directors, to be held shortly. Karen Bomba will be in charge of the United States operations for Morpho and her job function will be specified in the coming weeks. Philippe Petitcolin retains his position as Chairman of the Board of Sagem. Philippe Petitcolin, 60, holds a master’s degree in mathematics, as well as a degree from the CPA business school. He started his career in 1978 as export manager for the company Europrim, and was subsequently named head of the export zone for Filotex, an Alcatel-Alstom subsidiary. In 1982 he was named aviation sales and marketing director for Chester Cable in the United States. He returned to Filotex in 1984 as export director. In 1988, he joined Labinal as deputy sales & marketing director, subsequently being named director of sales & marketing for the aeronautical systems division. In 1995, he was named managing director of this division. From 1999 to 2001, Philippe Petitcolin was managing director of Labinal’s Filtrauto division, while also acting as general manager of the friction materials business following the purchase of Filtrauto by Valeo. In May 2001, he was named CEO of Labinal, and became Chairman and CEO of the company in November 2004. He joined Snecma (Safran) in 2006 as Chairman and CEO, and was subsequently named President, in charge of Safran’s Defense and Security businesses, and Chairman and CEO of Sagem in 2011. Karen Bomba, 48, received a Bachelor of Science in Mechanical Engineering from Rensselaer Polytechnic Institute and a Master of Science in Manufacturing Engineering from UCLA. She began her career at Northrop Corporation’s Advanced Systems Division facilities in California as Manufacturing Engineering Manager, She then spent seven years as Business Line Manager for Aircraft Structures, Insulation Products and Carbon-Carbon brakes at Hitco Carbon Composites in Gardena, California. In 2000 she was named Chairman and CEO of Messier-Bugatti USA, a subsidiary of Messier-Bugatti (Safran). In 2008. Karen Bomba joined Zoltek Companies, Inc. as Chief Operating Officer, before retuning to Safran in 2010 as Chairman and CEO of Labinal. Bruno Even named CEO of Sagem during a meeting of the company’s Board of Directors, to be held shortly. Bruno Even, 45, is a graduate of Ecole Polytechnique (1987) and Sup’Aéro (1992). After holding various positions with the French defense procurement agency DGA and the Ministry of Foreign Affairs, Bruno Even joined Group company Turbomeca in 1999. He was first engine development project manager, then project manager for deployment of the company’s new management information system. In January 2006 he was named Vice President, Programs at Turbomeca. From 2009 to this latest appointment he was Executive Vice President for Operator Customers. Vincent Mascré will be nominated as Chairman and CEO of Messier-Bugatti-Dowty during a meeting of the company’s Board of Directors, to be held shortly. Vincent Mascré, 55, holds a degree from the Ecole Centrale de Paris engineering school (1980), a master’s in economic sciences (1980) and a degree from the Insead business school (2002). He joined the Group in 1981 as advanced projects engineer with Snecma. After holding several positions in production and management control, Vincent Mascré was named deputy director of purchasing. He was then appointed general manager of the Gennevilliers plant in 2002, becoming head of Snecma’s rotating parts center of industrial excellence in 2006. He held this position until 2008, when he joined Aircelle (Safran) as Executive Vice President. He was named Chairman and CEO of Aircelle in 2009. Hélène Moreau-Leroy will be nominated as Chairman and CEO of Hispano-Suiza during a meeting of the company’s Board of Directors, to be held shortly. Hélène Moreau-Leroy, 48, graduated from INSA Lyon (1987) and holds an MBA from the University of New England (Australia, 1994). She started her career by holding various management positions in a design department and as international procurement and production manager with major companies such as Thomson and Alstom. In 2003, she joined the Safran Purchasing department as coordinator for forged parts and raw materials. She then moved to Messier-Dowty in 2005 as head of international development of the Supply Chain, before being named Director of the Airbus Business Unit and European Programs in 2008, then Vice President for Programs at Messier-Bugatti-Dowty in 2011. Alain Sauret will be nominated as Chairman and CEO of Labinal during a meeting of the company’s Board of Directors, to be held shortly. Within the scope of the consolidation of the Group’s electrical businesses in a single entity, Alain Sauret will be in charge of the planned merger of Labinal and Safran Power. Alain Sauret, 55, holds degrees from the Arts et Métiers engineering school (1978) and the CPA Paris business school (1999). He started his career with the Group in 1982, at Labinal, where he held several operational positions and participated in the international development of the company’s wiring and electrical interconnection systems business. From 2001 to 2005 he was Chief Executive of the Wiring Europe division. In 2006 he was named Executive Vice President of Labinal, also heading the Engineering, Technology and Strategy division. He moved to Safran as Vice President, Production in September 2007, and was then named Chairman and CEO of Messier-Bugatti in 2010, then Chairman and CEO of Messier-Bugatti-Dowty in 2011. Martin Sion will be nominated as Chairman and CEO of Aircelle during a meeting of the company’s Board of Directors, to be held shortly. Martin Sion, 44, graduated from the Ecole Centrale de Paris engineering school in 1990. He started his career that year with the Société Européenne de Propulsion (SEP, now part of Snecma), where he held the positions of design engineer, combustion department manager, HM7 chief engineer, and head of the combustion component design department. In early 2005 he was named head of engineering for the Snecma Space Engines division, then head of improvement initiatives at Snecma in 2006. In 2009 he took over responsibility for the equipment and accessories center of industrial excellence at Snecma’s production division. He was named head of Snecma’s Space Engines division in September 2010. Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Group has 62,500 employees and generated sales of 13.6 billion euros in 2012. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.6 billion Euros in 2012. Safran is listed on NYSE Euronext Paris and is part of the CAC40 index.
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    2013.04.26 | | Innovative Europe in action: TECH800 demonstration for future helicopter turboshaft engine

    Brussels, April 26, 2013 – The official celebration of the first rotation of TECH800 turboshaft demonstrator took place on Friday 26 April, in Pau (France), in the presence of Siim Kallas, Commissioner for Transport and Vice-President of the European Commission, Eric Dautriat, Executive Director of Clean Sky, Jean-Paul Herteman, Chairman and CEO of Safran and Olivier Andries, Chairman and CEO of Turbomeca. TECH800 demonstrator has been developed in cooperation with 34 partners from ten European countries including 18 SMEs and 12 universities and research centres. The technologies to be demonstrated in TECH800 will deliver reduced emissions in-line with the goals of the Clean Sky programme. An innovative core engine demonstrator has been designed, manufactured and tested by Turbomeca for future helicopter turboshaft applications in the 800kW power class. Key technologies are related to the compressor architecture and performance, the combustion chamber enabling lower emissions, the turbine operating at a very elevated temperature and a high efficiency power turbine. This demonstrator offers a double digit benefit in terms of fuel consumption and CO2 emissions compared to the year 2000 state of the art, as well as breakthrough in noise attenuation, weight (composite, Titanium Aluminide components), and control system (fuel pumps, electric actuators...). This event paves the way to a series of demonstrators on engines, aircraft, and helicopters as well as on systems and eco-designed parts, scheduled between 2013 and 2015. If successful, these technologies will be integrated in future products beyond 2016, in line with the needs of the European aeronautics industry. The Clean Sky Joint Technology Initiative is Europe’s largest aeronautics research programme ever with a budget of Euro 1,600 million (50% EU / 50% Industry) on 7 years. It is dedicated to the demonstration of new technologies of the civil aircraft market, aiming at a dramatic reduction of CO2, noise and NОx footprints. TECH800 is one of the six engine demonstrators dedicated to propulsion in Clean Sky. Siim Kallas, Commissioner for Transport, European Commission remarked: “The public-private partnership of Clean Sky proves today that both sectors can produce the engines of the future; this partnership will bring research projects closer to their marketing and, through that, it will allow the European aircraft industry to maintain its position as a worldwide leader.” Jean-Paul Herteman, Chairman and CEO of Safran added: “The first spooling up of the TECH800 engine represents a major milestone. I hope that this success is the first in a long series, and that it will further energize the European aviation industry's efforts to spur innovation. Europe's position in the world of 2050 will depend on how ambitious we are today in terms of research and innovation.” Eric Dautriat, Executive Director of Clean Sky concluded: “Clean Sky was set up to bring significant technology changes regarding the environment impact of aviation. Today’s demonstration shows that we are on track to meet our objectives.” Background note to editors Clean Sky is the largest European aeronautics research programme ever, with a €1.6billion budged over seven years, of which half is contributed by the European Commission in cash and half by the European aeronautics industry, in kind. This public-private partnership aims at developing cutting-edge technology to manufacture cleaner and quieter aircraft in order to establish an innovative and competitive Air Transport. For more information: www.cleansky.eu Press contact: Maria-Fernanda Fau, Communication Officer Tel: +32 -2-221 81 59, maria-fernanda.fau@cleansky.eu Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Group has 62,500 employees and generated sales of 13.6 billion euros in 2012. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.6 billion Euros in 2012. Safran is listed on NYSE Euronext Paris and is part of the CAC40 index. For more information: www.safran-group.com / Follow @SAFRAN on Twitter Press contact: Catherine Malek, Press & Social Media Director Tel: +33 (0)1 40 60 80 28, catherine.malek@safran.fr Turbomeca (Safran) is the leading helicopter engine manufacturer, and has produced 70,000 turbines based on its own designs since the company was founded. Offering the widest range of engines in the world and dedicated to 2,500 customers in 155 countries, Turbomeca provides a proximity service thanks to its 17 sites, 28 Certified Maintenance Centers, 18 Repair & Overhaul Centers, and 90 Field representatives and Field technicians. Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units. For more information: www.turbomeca.com Press contact: Bettina Frey, VP, Communications, Tel: +33(0)5 59 90 96 23, bettina.frey@turbomeca.fr Press contact: Chantal Reiss, External Communications Manager Tel: +33 (0)5 59 90 96 40, chantal.reiss@turbomeca.fr
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    2013.04.23 | | Safran enters into a definitive agreement for the purchase of the Rolls-Royce share of the joint RTM322 helicopter engine programme

    Paris, April 23, 2013 - Safran (NYSE Euronext Paris: SAF) today announced that it has reached an agreement with Rolls-Royce to acquire Rolls-Royce’s 50% share in their joint RTM322 helicopter engine programme. Upon closing, Turbomeca (Safran’s world leading helicopter engine business) will assume global responsibility for the design, production, product support and services for the RTM322 engine, a 2,100-2,600 shp engine family equipping the Apache, EH101 and NH90 helicopters. Rolls-Royce will provide full support during a transition phase enabling progressive transfer of all their activities to Turbomeca under this programme. Strategic rationale The RTM322 is a priority programme for Turbomeca and the company is committed to the continued technical and commercial development of this programme to improve its global performance, as well as to investments to serve the market in the long term. The agreement also covers the aftermarket business opportunity (spares and MRO services - maintenance, repair, overhaul) related to the existing fleet, cumulating nearly one million equivalent flying hours to date. This transaction will enable Turbomeca autonomously to further innovate and develop new engines, to the benefit of its customers in the more powerful 3,000 shp and beyond helicopter engine segment (segment in which Turbomeca is not present at the moment). Several new heavy helicopter programmes are currently being planned or developed by various aircraft manufacturers worldwide for which Turbomeca will be able to provide future state-of-the-art and efficient propulsion solutions, in particular in the high power segment. In the next 15 years, Turbomeca aims to supply about 3,500 engines, on existing military platforms as well as future civilian and military platforms in the 8-13 tons range, with continuous requirement for higher engine power. Financial aspects and terms of the transaction The revenue related to the Rolls-Royce share of RTM322 amounts to approximately Euro 85 million per annum, a majority of which is generated by services. Upon closing, Turbomeca will assume leadership of the RTM322 programme, including the critical roles of supporting the existing fleet of helicopter engines and developing aftermarket and export opportunities. Turbomeca will derive increasing synergies with the 50% of the programme it already owns by streamlining the organization and processes and progressively taking full responsibility over the production and MRO services with the full support of Rolls-Royce. After this transition period, Safran expects the benefits of owning the entire programme - including synergies and new commercial opportunities - to represent an additional contribution to operating income of over Euro 30 million per annum. The cash consideration for the transaction amounts to Euro 293 million. Apart from Rolls-Royce’s 50% share in the RTM322 programme, the transaction also includes the intellectual property rights (IPR) related to this programme as well as Rolls-Royce’s 50% share in the RRTM (Rolls-Royce-Turbomeca) joint-venture. The Adour engine programme cooperation between Rolls-Royce and Turbomeca, which powers the Hawk and Jaguar aircraft, is unaffected by this transaction, as are the other helicopter engine programmes that Rolls-Royce and Turbomeca manage independently. The transaction, which is expected to close before year end, is subject to regulatory approvals and satisfaction of other customary closing conditions. Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Group has 62,500 employees and generated sales of 13.6 billion euros in 2012. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.6 billion Euros in 2012. Safran is listed on NYSE Euronext Paris and is part of the CAC40 index.

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