ECOSLOPS Reinforces Its Board of Directors with the Nomination of Lionel Henry as Independent Director

Regulatory News:

ECOSLOPS (Paris:ALESA) (ISIN: FR0011490648; Ticker: ALESA / PEA-PME eligible), an innovative technology company that upgrades ship-generated hydrocarbon residue into valuable marine distillates and light bitumen, announces the nomination of Lionel Henry as an independent administrator. His nomination takes effect immediately and will be subject to the General Assembly’s approval.

Michel Pingeot, CEO of ECOSLOPS, declares: « We are happy and proud to see Lionel Henry joining ECOSLOPS’ board of directors. His international expertise in the energy sector and its financial stakes along with France’s top-level bilateral relations, will be of great value for ECOSLOPS during a time where we accelerate our development, after having proved the efficiency of our industrial tool and the pertinence of our business model.

Lionel Henry graduated from l’Ecole polytechnique and is a General Armaments Engineer. He dedicated the most part of his career to financing and managing complex projects. Lionel Henry has a perfect knowledge of the environment of energy and raw materials as he took part in the negotiations for the liberalization of the sector. After having been employed in senior positions in various ministries – Defense, Economy and Industry – a merchant bank and an investment firm, he currently is Secretary-General of the General Council of Armament in the ministry of Defense.

Next press release: Annual results for 2015 on April 5th 2016

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About ECOSLOPS: ECOSLOPS has developed and implement a unique technology to upgrade maritime transport oil residues (slops and sludges) into marine fuels and light bitumen. The solution proposed by ECOSLOPS is based on a unique micro-refining industrial process that transforms these residues into commercial products that meet international standards. ECOSLOPS offers an economical and ecological solution to port infrastructure, waste collectors and ship owners through its processing plants. The first industrial unit is based in Sines, Portugal’s largest commercial port.

ECOSLOPS is listed on Alternext in Paris (ISIN: FR0011490648; Ticker: ALESA) and is PEA PME eligible.

http://www.ecoslops.com

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