THIERRY LAGESSE

Mr Thierry Lagesse was appointed Director of the Company on December
20, 1989, and subsequently Chairman of the Board in December 2002 until August 2013. Born in 1953, Mr Lagesse holds a ‘Maîtrise des Sciences de Gestion’ from the University of Paris Dauphine. He is the Founder of the Palmar Group, a textile and garment-oriented manufacturing company and a visionary entrepreneur, having launched Parabole Reunion Group of Companies in 1999, a Direct To Home satellite television company in
the Indian Ocean Islands. He is also the Executive Chairman of Parabole Group
and presently serves as Director on several well-known companies listed on
the Stock Exchange of Mauritius namely: Alteo Limited, IBL Ltd, Lux Island Resorts Ltd, Phoenix Beverages Limited and Phoenix Investment Company Limited.