Orpea SA announced at its meeting on 30 January 2022, the Board of Directors determined the financial conditions for the termination of Mr. Yves Le Masne's duties as Chief Executive Officer of ORPEA, effective 30 January 2022. Mr. Philippe Charrier, Chairman of the Board, has been appointed Chief Executive Officer as of today. The Board of Directors will determine, on the recommendation of the Appointments and Remuneration Committee, the 2022 remuneration policy applicable to the Chairman and Chief Executive Officer, consistent with the principles set out in the remuneration policy for the Chief Executive Officer which was applicable to Mr. Yves Le Masne.

In accordance with the provisions of Articles L. 225-53 and L. 225-37-2 of the French Commercial Code and the recommendations of the AFEP-MEDEF Corporate Governance Code, these elements of remuneration will be published after the decision of the Board of Directors and will be subject to the approval of the 2022 General Meeting.