Governance – Ethics & Compliance

Chair of the Strategic Committee

Hervé Hoppenot, a dual French-American citizen, has spent a large part of his career in the United States. In 1983, he began his career at Rhône-Poulenc, which later became Aventis. In 2000, he served as Vice President for the US Oncology franchise at Aventis, then in 2004 as Senior Vice-President of Novartis Oncology.

In 2010, he was appointed President of the Novartis Global Oncology franchise, where he oversaw the industry’s largest portfolio of cancer prescription drugs.

He joined Incyte in 2014 as President and CEO, then served as Chair of the Supervisory Board in 2015. Under his leadership, this young biotechnology company became a major player in onco-hematology and developed an innovative portfolio in Dermatology.

In June 2025, he stepped down from his roles as Chair and CEO of Incyte and became an advisor to the Chief Executive Officer.

In May 2026, he was appointed Chair of the Pierre Fabre SA Supervisory Board.

Hervé Hoppenot graduated from ESSEC Business School.

Roch Doliveux began his career at Ciba-Geigy (Novartis) in 1982 before joining Schering-Plough (Merck US) in 1990, where he held the positions of Manager for the Benelux countries and then France. He subsequently became head of Managed Care in the United States and later President of the International Division.

In 2003, he was appointed CEO of Pierre Fabre Médicament and then of UCB.

As CEO of UCB from 2005 to 2015, he transformed the company from a diversified chemicals group into a leading international biopharmaceutical company, building the industry’s second most productive pipeline.In 2014, he also became Chair of the Innovative Medicines Initiative, the world’s largest public-private partnership to drive biopharmaceutical innovation in Europe.

From 2015 onward, he held various board mandates, while advising and mentoring senior executives. He served as a Board Member at UCB and Stryker, Chair of the GLG Institute, Chair of Vlerick Business School and Chair of the Caring Entrepreneurship Fund (King Baudouin Foundation). Heis now Chair of the Board at Oxford Biomedica, and Chair of the Governance Committee and Board Member of Chiesi.

Roch Doliveux joined Pierre Fabre’s Supervisory Board on January 1^st, 2015. After serving as Chair of the Supervisory Board from May 2017 to May 2026, he is now its Vice Chair.

Dr. Doliveux holds an MBA with honors from the INSEAD and a doctoral degree with distinction from the Alfort National Veterinary School.

He also holds an honorary doctorate from the University of Liège and is Commander of the Order of the Crown of Belgium.

Marie-Anne Aymerich has built her professional career in the consumer goods and luxury sectors. After holding several positions at Unilever in France, Spain and the United States, she joined Parfums Christian Dior (LVMH) in 2009 as Brand Managing Director. She then returned to Unilever at the end of 2012 as Global Executive Vice President of the Oral Care category.

With an international career spanning more than 30 years, she has built a portfolio of high-level advisory roles. She is a Non-Executive Director and Chair of the Environment and Social Sustainability Committee at Haleon, a FTSE 100 company listed in 2022. Since 2021, she has also served on the Board of the Academy of St Martin in the Fields.

As a business angel since 2020, she invests in and supports startups with a strong purpose and impact, particularly on sustainability and diversity issues.

In 2011, she helped found Imagine for Margo – Children without Cancer, the first French association dedicated to pediatric cancer, and served as Vice President for 10 years.

Marie-Anne Aymerich is a graduate of HEC Paris.

Director of Pierre Fabre Participations

Member of the Strategic Committee

After serving as a senior civil servant at the French Ministry of Industry and then as technical advisor in the office of the Minister for Foreign Trade, Jean-Laurent Bonnafé joined BNP Paribas in 1993.

He was appointed Strategy and Development Manager in 1997 and then Manager of the Group’s Retail Banking in France in 2002, he joined BNP Paribas’ Executive Committee that same year.

In 2008, he became Deputy Managing Director, with responsibility for all retail banking activities. As Chief Executive Officer of Fortis Bank from 2009 to 2011, he led its turnaround and integration under the BNP Paribas Fortis brand.

Since December 2011, he has served as Director and Chief Executive Officer of BNP Paribas and since 2025 as Director of the Hermès group.

Jean-Laurent Bonnafé is a senior engineer in the French government’s Corps des Mines and a graduate of the Paris École Polytechnique and École Nationale Supérieure des Mines.

He holds the titles of Commander of the Italian National Order of Merit, Officer of the Order of the Belgian Crown, Officer of the French Order of Arts and Letters, and Knight of the Legion of Honor.

A French-British national, Sophie le Tanneur began her career at Colgate in 1985, where she held the roles of product manager and group manager in France and then in Italy. In 1991, she joined the L’Oréal Group. She went on to serve as International Marketing Manager for face and body care, Marketing Director France for L’Oréal Professionnel, Managing Director Germany for Biotherm and Managing Director Austria for L’Oréal Luxury Products Division. Between 2005 and 2010, she served as CEO and Chair of the Supervisory Board of the DAUM crystal company.

Since 2010, she has been an independent director. She sits on innovation, audit, CSR and compensation committees for listed, family-owned and private equity-backed companies such as Bollinger, CIS Catering International Services, Micropole, Glen Dimplex, Pyrex and BPI.

She is also an entrepreneur, having co-founded Wired-Beauty in 2021, a startup offering a digital solution to accelerate research for cosmetics laboratories.

She is deeply committed to education through theEspérance Banlieues association.

She is a graduate of NEOMA Business School, and holds an Executive MBA from INSEAD, as well as a specialization in digital transformation and platforms completed at Emeritus Columbia Business School and MIT Sloan.

Isabelle Girolami has built her career in banking and market infrastructure, primarilyon the international stage.She began her banking career in 1995 at BNP Paribas, then joined Bear Stearns in2000 as COO of international operations, where she remained until 2008 beforemoving to Standard Chartered Bank until 2015, first in London as Head of Marketsfor Europe and Co-Head of Corporate and Investment Banking in Europe, then inSingapore as Head of ASEAN Markets and Co-Head of ASEAN Corporate andInvestment Banking.Isabelle then led Crédit Agricole’s global markets activities and became Deputy ChiefExecutive Officer of Corporate and Investment Banking at Crédit Agricole.In 2015, she joined LCH (London Clearing House) as Chief Executive Officer.Finally, in 2019, she joined NatWest as Head of Corporate and Institutional Banking(CIB). Her role is to lead the business dedicated to the largest clients, as well as thestrategy for disciplined growth, simplification and active balance sheet and riskmanagement within this scope.Isabelle Girolami holds a degree in international law and finance from HEC Paris.

Marie-France Marchand-Baylet began her professional career in real estate and tourism, notably as a Director of Compagnie Méridionale de Voyages et de Tourisme.

From 1986 onward, she took on responsibilities within the La Dépêche group, first as Chair of the Finance Committee, then as head of the magazines division and, in 2016, as Vice President of the Occitane de Communication holding company.

She has been Director and Chair of the Finance Committee since 1998, and has served as Vice President of the La Dépêche du Midi Group since 2016.

Since 2008, she has also been Founder and Chair of the Groupe Dépêche Foundation, a corporate foundation with a social and educational mission.

She was Founder and Chair of the Flag-France Renaissance Association for the promotion of contemporary art, France’s cultural influence and the welcoming of foreign cultures from 2013 to 2018, and is involved in numerous cultural and humanitarian organizations.

Rachel Marouani built a long career within the LVMH group. She first held leadership positions within marketing and e-commerce at Sephora. She then became CEO of FRED Joaillier and later CEO of Make Up For Ever. In 2019, she left LVMH to pursue entrepreneurship.

In 2020, she founded the digital jewelry house Talisman By, dedicated to the creation and personalization of 18-carat gold jewelry.

As a seasoned executive, she brings international experience in managing prestigious brands, driving strategic transformation and developing highly renowned groups.

She currently serves on several boards of directors and strategic committees, helping shape thinking on sustainable growth, innovation, customer experience and responsible governance. She is Chair of the Board of Directors of Afflelou, and also advises ADEO and Showroomprivé within their governing bodies.

Rachel Marouani was appointed a Knight of the National Order of Merit in 2012, and graduated from ESSEC Business School and CELSA.

Florence Parly is a senior civil servant, business executive and French politician, who heldpositions as a technical advisor in various ministries between 1991 and 1997. She joined thePrime Minister’s Office as an advisor on budgetary affairs in 1997. In 2000, she wasappointed Secretary of State for the Budget, a position she held until 2002.From 2003 to 2004, Florence Parly served as project lead at Agence France Trésor, and thenas Chair of the Executive Board of the Paris Region Development Agency.From 2006 onward, she joined the Air France-KLM group, where she served as Director ofInvestment Strategy (2006-2008), Deputy Chief Executive Officer in charge of Cargo (2008-2012) and Deputy Chief Executive Officer of Short-Haul Operations (2013).In 2014, Florence Parly became Deputy CEO of SNCF and then, in 2016, CEO of SNCFVoyageurs.She was appointed Minister of the Armed Forces in June 2017, and held this position until May2022.In 2023, she joined the Board of Directors of Eutelsat. Since June 2025, she has chaired theBoard of Directors of Air France-KLM. She also chairs the Board of Directors of theConservatoire national des arts et métiers.Florence Parly is a graduate of the Paris Institute of Political Studies and ENA.

Olivier Sadran began his career in 1990 when he founded Corest, a contract catering company, which he led until it was sold to the Sodexo group in 1995. One year later, he founded Catair, an airline catering company, now integrated into the Newrest group, where he serves as Chair.

In 2005, Olivier Sadran launched Newrest, an international out-of-home catering group, as well as BébéBiz, a company specializing in the management of corporate day care centers in the Toulouse region. Under his leadership, Newrest expanded rapidly through joint ventures in Africa, the Middle East, Europe, Asia and Latin America. In 2021, he created the Tolosa investment fund and continued the international development of the Newrest group by opening new units in Scandinavia, Germany, the United States, Canada and French Guiana.

As a passionate sports enthusiast, he served as Chair of Toulouse Football Club from 2001 to 2020, helping the club rise from the Championnat National to Ligue 1 in just two seasons.

Olivier Sadran, who is self-taught, has led large-scale projects in complex and international environments throughout his career.

Member of the Audit Committee

Eduardo Sanchiz worked for 22 years at Eli Lilly & Co, an American pharmaceutical company, where he held roles in finance, marketing, sales and general management. He has lived in six different countries and held several notable roles within the company, including Managing Director in Belgium, then Managing Director in Mexico, and finally Executive Director for the business area covering the countries of Central, Northern, Eastern and Southern Europe.

He joined Almirall in May 2004 as Executive Director of Development and Finance and then became Chief Financial Officer. In July 2011, he was appointed Managing Director, a role he held until September 2017.

He was a member of Almirall’s Supervisory Board from January 2005 and of the Dermatology Committee from its creation in 2015, and stepped down from these positions in September 2017.

He has also been a member of CaixaBank's Supervisory Board since 2017, Lead Independent Director since 2023, and serves on the Supervisory Board of a venture capital firm specializing in the healthcare sector.

Eduardo Sanchiz holds a bachelor’s degree in economics from the University of Deusto, San Sebastian campus, and an MBA from Instituto de Empresa in Madrid.

Executive Assistant to the Human Resources Director, Manager of HR Information Systems and Social Management Control

Employee and employee stock ownership scheme representative

Alexandre Falconnier began his career as an organization consultant at Oresys in 2003. He has worked with more than 20 different clients including SNCF, RATP, ENGIE, EDF, BNP Paribas Personal Finance, Banque de France, the AMF and Airbus. He then became a manager and later Director of Oresys Toulouse in 2017. When he left, the office had 14 consultants and generated net sales of 1.3 million euros.

He joined Pierre Fabre in 2020 as SAP S/4 HANA Director, leading a major digital transformation program across finance, purchasing, industrial production and quality for 3,000 users at 6 plants, 3 distribution centers and 10 administrative sites, with a team of 100 people.

Since January 2024, he has been Executive Assistant to the Human Resources Director, in charge in particular of HR data, HR information systems and social management control.

Alexandre Falconnier graduated as a civil engineer from the Saint-Étienne École nationale supérieure des Mines, specializing in finance.

Head of outsourcing management for Pharma R&D activities

Member of the Supervisory Board of the Ruscus Employee Stock Ownership Plan

President of the Pierre Fabre Employee and Retiree Shareholders’ Association (Ruscube)

Claire Meunier began her career at Pierre Fabre Laboratories in 1996 as a Clinical Research Officer and then became France and International Clinical Operations Manager, followed by Deputy Director of International Clinical Operations.

From 2016, she was in charge of partnerships and international activities before being appointed Project Director and Director of the R&D Administrative Platform.

Since April 2023, she has been responsible for managing the outsourcing of R&D activities in close collaboration with business experts and the purchasing and legal partners.

Since the Ruscus Plan was introduced in 2005, she has been deeply involved in various employee stock ownership initiatives, including within FAS (the French Federation of Employee Share Ownership).

Claire Meunier holds a master’s degree in research, specializing in physiology with a focus on pharmacology, and a postgraduate specialized degree in clinical development and medical communication from the Poitiers Faculty of Medicine and Pharmacy.

Property and General Services Director for Pierre Fabre Laboratories

Member of the Audit Committee

Chair of the Pierre Fabre Employee Stock Ownership Plan Supervisory Board

Jean-François Couret has spent his entire career with Pierre Fabre Laboratories. He joined the company in 1999 as Head of Management Control and then successively held the positions of Executive Assistant, Employee Savings Manager, Controlling Director, Internal Auditor and Project Director.

In January 2020, he was appointed Property Director. His main assignment is to manage and optimize the real estate portfolio by aligning it with the company’s overall strategy. He is also responsible for supporting organizational changes while ensuring the quality of workplaces and their energy performance.

Jean-François Couret holds a postgraduate degree in accounting and finance and a specialized master’s degree in audit and management control from Toulouse Business School.

Éric Ducournau joined Pierre Fabre Laboratories as Executive Assistant to the Chair in January 2000. Four years later, he was promoted to Corporate Secretary and then to Deputy Managing Director in March 2011.

He was appointed CEO of Pierre Fabre Dermo-Cosmetics in January 2013, and became Chair following the death of Mr. Pierre Fabre in August 2013. In July 2018, he was appointed CEO of Pierre Fabre Laboratories and continues to serve as Chair of Pierre Fabre Dermo-Cosmetics.

In 2004, Éric Ducournau helped create G5 Santé, which brings together leaders from France’s main healthcare and life sciences companies.He was a Director of the Boiron Group from 2005 to 2012, and also served as Director and Treasurer of LEEM¹from 2007 to 2012.

Since November 2025, he has served as Chair of the Board of Directors of TBS Education (Toulouse Business School).

Eric Ducournau graduated from the Bordeaux Institute of Political Studies and holds a master’s degree in public law. In July 2025, he was awarded the rank of Knight of the Legion of Honor.

1.professional organization of pharmaceutical companies operating in France

Marie-Andrée Gamache has worked in the pharmaceutical industry for more than 25 years. She began her career in the industry in 1999 as a consultant, then joined the Novartis Group in 2004 as Global E-Marketing Director before holding several commercial roles at both global and regional levels, working with Europe, North America, Asia, the Middle East and Africa. During her 10 years at Novartis, she gained experience across every stage from R&D to commercial launches.

In 2015, she joined Merck KGaA, first as Managing Director for Belgium and Luxembourg and then leading the Sub-Saharan Africa region. In 2019, she returned to Novartis as Head of Oncology for the Middle East and Africa before becoming CEO of Novartis in the UK and Ireland.

In March 2025, she joined Pierre Fabre Laboratories as Managing Director of Pierre Fabre Pharma.

Marie-Andrée Gamache holds a bachelor’s degree in communication and media studies from the University of Quebec in Montréal, as well as a certificate in leadership from Glasgow Caledonian University and a training certificate in clinical pharmacology, drug development and regulation from Tufts University.

Venaïg Solinhac has more than 20 years of international experience driving growth, development and business performance for consumer brand companies in the consumer health care, consumer goods and venture capital sectors.

Between 2006 and 2020, she held various marketing roles at GlaxoSmithKline Consumer Healthcare (now Haleon) across Europe, Asia, the Middle East and Africa. She has helped make iconic brands into market leaders through innovation, portfolio optimization and digital transformation.

In 2023, she joined Kenvue, formerly Johnson & Johnson Consumer Health, in leadership roles including Vice President of Essential Health Asia Pacific in Singapore and Vice President of Baby Care in New York. She helped the Johnson’s Baby brand return to global growth, revitalized the Listerine brand in Asia Pacific and has led large-scale digital and commercial acceleration programs.

In April 2026, she was appointed Dermo-Cosmetics and Personal Care President at Pierre Fabre Laboratories.

A graduate of NEOMA Business School, Venaig Solinhac is a French Foreign Trade Advisor, appointed by the French government, and serves on several boards of directors.

In 1993, Vincent Huraux began his career at Pierre Fabre Laboratories as an Industrial Management Controller before becoming Deputy Director of the Avène production site.

In 2000, he joined the L’Oréal Group where he worked for nearly 19 years, first as Plant Director and Industrial Director in Spain, China, France in Vichy and Mexico, before moving to the United States where he served as Vice President in charge of Operations for the Professional Products Division in the Americas. He then became Senior Vice President in charge of Operations for the Consumer Products Division in North America.

In 2020, he returned to Pierre Fabre Laboratories as Group Director of Operations.

Vincent Huraux is an engineer, having graduated from the Saint-Étienne École des Mines, and holds a General Management certificate from INSEAD.

For more than 20 years, Fernando Junoy has built a multi-channel career within major international groups involved in hygiene and beauty, family health, dermo-cosmetics and medical dermatology products.

He began at Procter & Gamble before joining the Puig group, then Johnson & Johnson, where he held international sales and marketing roles, up to the position of Global Director of Hair Care Commercial Operations. Then in 2021, he took charge of the Europe, Middle East, Africa and Canada regions for the dermatology company Galderma. He mostly worked in Geneva, New York and Dubai.

In April 2024, he joined Pierre Fabre Laboratories as Director of the Asia and Americas regions, then in October of the same year as International Director. He sits on the Executive Committee and leads subsidiaries in Europe, the Americas, Asia, Africa, Turkey and the Middle East, excluding the major established markets of France, Spain, Italy, Germany and China.

Fernando Junoy holds a BBA and an MBA from ESADE Business School in Barcelona.

Éric Gouy brings more than 25 years of international experience as a finance executive in world-class leading companies: Texas Instruments, Dell, Cisco, IBM, Walgreens Boots Alliance, Dalkia.

He joined the Pierre Fabre group in March 2018 as Chief Finance and Legal Affairs Officer. His career spans the technology, life sciences and logistics sectors, with recognized expertise in performance management, acquisitions, integrations and restructurings.

He has solid experience in financing, capital markets, cash optimization and information systems management, notably through the implementation of high-level performance analysis systems.

Éric Gouy is a graduate of HEC Paris and holds a master’s degree in business law and taxation from Aix Marseille University.

For more than 30 years, Maud Vimeux has built her career within major French and international groups facing significant transformation, growth and changes in their organizational models, which she chose for their entrepreneurial DNA and the human values at the heart of their business model.

She began her career in 1993 within the Danone Group, where she held various HR positions for 25 years in France and internationally, and developed recognized expertise in talent development and support for transformation. She successively held the positions of Talent Director for Danone Group Corporate functions and then for the Waters Division worldwide, HR Director of Font Vella in Spain and then HR Director of Blédina in France, where she supported ambitious transformation plans that combined economic performance, management renewal and demanding social dialogue. She then created HR Shared Services and took responsibility for HR in France, in charge of talent, skills and compensation.

In 2018, she was appointed Human Resources Director of La Banque Postale, the leading European public banking and insurance group with a total of 60,000 employees, where she led the integration of CNP Assurances and the transformation of the post office network into a multi-business network with banking as its priority.

In September 2022, she joined the Pierre Fabre Group as Human Resources Director. She supports the growth of the dermo-cosmetics and pharmaceutical businesses and the Group’s international development by deploying an HR policy focused on talent and skills development, team engagement and keeping true to the Group’s humanist DNA.

Maud Vimeux holds a postgraduate degree in human resources management from the Paris Dauphine University.