Semaris Ltd. at the board meeting held on 10 November 2022, took note of Mr. Stéphane Poupinel`s decision to resign as Managing Director of Semaris Ltd. with effect from 30 June 2023; and Appointed Mr. Laurent Piat as CEO of Semaris Ltd. with effect from 01 July 2023. Mr. Laurent Piat has held the position of CEO of Domaine Palm Marrakech S.A. (DPM) for the past 12 years. During his tenure DPM has achieved steady growth and Domaine Palm Marrakech now ranks amongst the most successful integrated developments in Morocco.