The Fonds Stratégique de Participation Takes a 6% Stake in Arkema’s Share Capital

Regulatory News:

The Fonds Stratégique de Participation (FSP), a mutual fund created by four major French insurance companies – BNP Paribas Cardif, CNP Assurances, Crédit Agricole Assurances through its subsidiary Predica and Sogécap (Groupe Société Générale) – in order to support long-term investments in listed companies, has announced that it now owns 6% of Arkema's (Paris:AKE) share capital.

Arkema considers this acquisition of a stake in its share capital as a positive sign showing the confidence of the FSP in the long-term strategy implemented by the Group and in its management.

With a prospect of maintaining a long-term investment of at least 6% of Arkema's share capital, the FSP has shared with Arkema's Board of Directors its intent to seek the appointment of a representative at the Board of Directors.

The Board of Directors will consider favorably the demand for the appointment of an independent representative that the FSP will sent. Upon approval of the proposed representative, the Board of Directors should submit the proposed resolution to Arkema's next annual general meeting to be held on May 15th, 2014.

A global chemical company and France’s leading chemicals producer, Arkema is building the future of the chemical industry every day. Deploying a responsible, innovation-based approach, we produce state-of-the-art specialty chemicals that provide customers with practical solutions to such challenges as climate change, access to drinking water, the future of energy, fossil fuel preservation and the need for lighter materials. With operations in more than 40 countries, some 14,000 employees and 10 research centers, Arkema generates annual revenue of €6.5 billion, and holds leadership positions in all its markets with a portfolio of internationally recognized brands.