Carmat SA announces the appointment of Mr. Pierre Bastid, Director, as Chairman of the Board of company, replacing Mr. Alexandre Conroy, who has resigned for personal reasons and the retirement of Mr. André Muller, Director, following his appointment as CEO of Idorsia. A seasoned industrialist and entrepreneur, Mr. Pierre Bastid knows the company very well, having served on its Board as a director since 2018. He is also one of the Company's main shareholders via the LOHAS and Les Bastidons entities, which he controls, and which together hold 13.5% of the Company's share capital.

Since taking a stake in CARMAT back in 2016, Mr. Pierre Bastid has participated in each of the capital increases carried out by the Company. Following these changes, CARMAT's Board of Directors, now chaired by Pierre Bastid, consists of 10 members, including 5 independent.