CGG : CGG announces the cooptation of three new board members

CGG announces the cooptation of three new board members

Paris, France - March 9, 2018

 CGG board following the March 8 meeting, announces:

• The cooptation of Mrs Colette Lewiner to replace Mrs Hilde MYRBERG, resigning from her board position, for the remainder of her term, i.e. until the general meeting called to approve the financial statements for the fiscal year ending December 31, 2018.
   
• The cooptation of Mr. Mario Ruscev to replace M. Jean-Georges MALCOR, resigning from his board position, for the remainder of his term, i.e. until the general meeting called to approve the financial statements for the fiscal year ending December 31, 2018. This resignation has no impact on Jean-Georges Malcor CEO position.
   
• The cooptation of Mr. Philippe Salle to replace M. Loren CARROLL, resigning from his board position, for the remainder of his term, i.e. until the general meeting called to approve the financial statements for the fiscal year ending December 31, 2020.

            The board indicated its intention to nominate Philippe Salle as Chairman of the Board of Directors to replace Rémi Dorval whose term of office will expire at the end of the Annual General Meeting to be held on April 26, 2018. Such nomination shall take place at the Board meeting to be held at the end of such General Meeting subject to the ratification of Mr. Salle's cooptation by the said general meeting.

             
Colette Lewiner has graduated from Ecole Normale Supérieure and has a PhD in Physics. Nuclear energy specialist, she worked many years in the consultancy business in energy, utilities and chemicals. She is presently independent board director at EDF, Groupe Bouygues, GETLINK (former Eurotunnel), EDF, Nexans and Ingénico.

Mario Ruscev has a PhD in Physics (Yale), after spending 23 years with Schlumberger in particular in the seismic business, he has been since CEO of FormFactor, a provider of unique nanotech connectors for the semiconductor industry, CEO of IGSS (GeoTech) a major Russian Seismic Company, and Chief Technology Officer (CTO) at Baker Hughes then at Weatherford.

Philippe Salle graduated from l'Ecole des Mines de Paris. He started his career in Total and several consulting firms, and he was appointed CEO of Vedior, Geoservices, Altran, Elior. Since December 2017, he is CEO of groupe Foncia. He is presently independent board director at Banque Transatlantique, GTT (Gaz transport & Technigaz) and Bourbon.

About CGG:

CGG (www.cgg.com) is a fully integrated Geoscience company providing leading geological, geophysical and reservoir capabilities to its broad base of customers primarily from the global oil and gas industry. Through its three complementary businesses of Equipment, Acquisition and Geology, Geophysics & Reservoir (GGR), CGG brings value across all aspects of natural resource exploration and exploitation. CGG employs around 5,300 people around the world, all with a Passion for Geoscience and working together to deliver the best solutions to its customers.

CGG is listed on the Euronext Paris SA (ISIN: 0013181864) and the New York Stock Exchange (in the form of American Depositary Shares. NYSE: CGG).

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