Boussard & Gavaudan Holding Limited announced that Nicolas Wirz indicated his intention to retire as a director of the Company with effect from the conclusion of the annual general meeting held on 29 June, 2018, Mr. Wirz has now retired and did not seek re-election. Following Mr. Wirz's retirement, the Board announced the appointment of Mrs. Sylvie Sauton as a non-executive director of the Company effective 29 June, 2018. Mrs. Sauton will hold office until the next annual general meeting, at which meeting she will stand for re-election. Mrs. Sauton has thirty years experience as an investment banker for Salomon Brothers, Lehman Brothers and JP Morgan for whom she was, for the last ten years, a managing director.