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Cotecna announces the passing of its Chairman and founder

Geneva, 21 March, 2011

Elie Georges Massey
5 June 1923 – 16 March 2011

It is with deep sorrow that we announce the passing of Elie Georges Massey, our Chairman and founder of Cotecna.

He died peacefully on March 16, 2011 at the age of 87, having been a daily source of inspiration for all Cotecna's managers and employees through the enlightened vision and strong values which he brought to the company over the past 37 years.

The members of the Massey family, who are the Group's sole shareholders, undertake to respect the spirit embodied by its founder to ensure Cotecna's development and to guarantee its sustainability.

Effective March 17, 2011, Arlette Massey, Elie Georges Massey's widow, becomes acting Chairman of the Cotecna group.



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