Changes to Vallourec’s management team This new organization has led to changes in its executive committee, effective February 1, 2023

Meudon, France, 31 January 2023 – As part of its "New Vallourec" plan, led by Philippe Guillemot, Chairman and Chief Executive Officer, the Group has developed a three-region organization (North America, South America, and Eastern Hemisphere) to simplify and optimize the operations. This new organization aims at making the Group more efficient and more agile, closer to its customers, and to enhance its industrial performance, through two export bases, Brazil, and Asia.

This new organization has led to changes in its executive committee, effective February 1, 2023:

• Laurent Dubedout is appointed Senior Vice-President, Business Line OCTG, Services and Accessories, Group & Eastern Hemisphere and joins the Executive Committee.
• Jacky Massaglia is appointed Senior Vice-President Business Line Project Line Pipe and Process and joins the Executive Committee.
• Philippe Carlier, who was SVP Technology and Industry, becomes SVP Group Industry and Eastern Hemisphere and remains a member of the Executive Committee.
• Hubert Paris, SVP Europe/Africa, Didier Hornet, SVP Development and Innovation, and Pascal Braquehais, SVP Middle East/Asia, are stepping down from their current functions and the Executive Committee.

The Vallourec Executive Committee will have eleven members under the leadership of Philippe Guillemot, Chairman and CEO.

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