<SEC-DOCUMENT>0001104659-25-087815.txt : 20250905
<SEC-HEADER>0001104659-25-087815.hdr.sgml : 20250905
<ACCEPTANCE-DATETIME>20250905161557
ACCESSION NUMBER:		0001104659-25-087815
CONFORMED SUBMISSION TYPE:	SCHEDULE 13D/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20250905
DATE AS OF CHANGE:		20250905

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Valneva SE
		CENTRAL INDEX KEY:			0001836564
		STANDARD INDUSTRIAL CLASSIFICATION:	BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
		ORGANIZATION NAME:           	03 Life Sciences
		EIN:				000000000
		STATE OF INCORPORATION:			I0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-93388
		FILM NUMBER:		251296952

	BUSINESS ADDRESS:	
		STREET 1:		6, RUE ALAIN BOMBARD
		CITY:			SAINT-HERBLAIN
		STATE:			I0
		ZIP:			44800
		BUSINESS PHONE:		33 2 28 07 37 10

	MAIL ADDRESS:	
		STREET 1:		6, RUE ALAIN BOMBARD
		CITY:			SAINT-HERBLAIN
		STATE:			I0
		ZIP:			44800

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Bpifrance Participations SA
		CENTRAL INDEX KEY:			0001581835
		ORGANIZATION NAME:           	
		EIN:				000000000
		STATE OF INCORPORATION:			I0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A

	BUSINESS ADDRESS:	
		STREET 1:		27-31 AVENUE DU GENERAL LECLERC
		CITY:			MAISONS ALFORT, CEDEX
		STATE:			I0
		ZIP:			94710
		BUSINESS PHONE:		33153898789

	MAIL ADDRESS:	
		STREET 1:		27-31 AVENUE DU GENERAL LECLERC
		CITY:			MAISONS ALFORT, CEDEX
		STATE:			I0
		ZIP:			94710
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
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  <headerData>
    <submissionType>SCHEDULE 13D/A</submissionType>
    <previousAccessionNumber>0001104659-22-119388</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Bpifrance Participations SA -->
          <cik>0001581835</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>3</amendmentNo>
      <securitiesClassTitle>Ordinary Shares, nominal value EUR0.15 per share</securitiesClassTitle>
      <dateOfEvent>08/29/2025</dateOfEvent>
      <previouslyFiledFlag>true</previouslyFiledFlag>
      <issuerInfo>
        <issuerCIK>0001836564</issuerCIK>
        <issuerCUSIP>92025Y103</issuerCUSIP>
        <issuerName>Valneva SE</issuerName>
        <address>
          <com:street1>6 rue Alain Bombard</com:street1>
          <com:city>Saint-Herblain</com:city>
          <com:stateOrCountry>I0</com:stateOrCountry>
          <com:zipCode>44800</com:zipCode>
        </address>
      </issuerInfo>
      <authorizedPersons>
        <notificationInfo>
          <personName>Sophie Paquin</personName>
          <personPhoneNum>33 6 37 85 94 06</personPhoneNum>
          <personAddress>
            <com:street1>6-8, boulevard Haussmann</com:street1>
            <com:city>Paris</com:city>
            <com:stateOrCountry>I0</com:stateOrCountry>
            <com:zipCode>75009</com:zipCode>
          </personAddress>
        </notificationInfo>
        <notificationInfo>
          <personName>John Partigan Lloyd Spencer</personName>
          <personPhoneNum>202-585-8000</personPhoneNum>
          <personAddress>
            <com:street1>Nixon Peabody LLP</com:street1>
            <com:street2>799 9 Street NW Ste 500</com:street2>
            <com:city>Washington</com:city>
            <com:stateOrCountry>DC</com:stateOrCountry>
            <com:zipCode>20001</com:zipCode>
          </personAddress>
        </notificationInfo>
      </authorizedPersons>
    </coverPageHeader>
    <reportingPersons>
      <reportingPersonInfo>
        <reportingPersonCIK>0001581835</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Bpifrance Participations S.A.</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>I0</citizenshipOrOrganization>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>17259364.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>8639886.00</sharedDispositivePower>
        <aggregateAmountOwned>17259364.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>9.2</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>Note in relation to Items 8, 10, 11 and 13: The Reporting Person beneficially owns 8,639,886 Ordinary Shares and has 17,259,364 voting rights related to such shares. The aggregate amount beneficially owned and percent of class reported above are based on the Reporting Person's voting rights and the 187,854,877 voting rights outstanding as of August 31, 2025.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001731121</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>EPIC Bpifrance</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>I0</citizenshipOrOrganization>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>17259364.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>8639886.00</sharedDispositivePower>
        <aggregateAmountOwned>17259364.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>9.2</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>Note in relation to Items 8, 10, 11 and 13: The Reporting Person beneficially owns 8,639,886 Ordinary Shares and has 17,259,364 voting rights related to such shares. The aggregate amount beneficially owned and percent of class reported above are based on the Reporting Person's voting rights and the 187,854, 877 voting rights outstanding as of August 31, 2025.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001731118</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Bpifrance S.A.</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>I0</citizenshipOrOrganization>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>17259364.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>8639886.00</sharedDispositivePower>
        <aggregateAmountOwned>17259364.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>9.2</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>Note in relation to Items 8, 10, 11 and 13: The Reporting Person beneficially owns 8,639,886 Ordinary Shares and has 17,259,364 voting rights related to such shares. The aggregate amount beneficially owned and percent of class reported above are based on the Reporting Person's voting rights and the 187,854, 877 voting rights outstanding as of August 31, 2025.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001056947</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Caisse des depots et consignations</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>I0</citizenshipOrOrganization>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>21810176.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>13190698.00</sharedDispositivePower>
        <aggregateAmountOwned>21810176.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>11.6</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>Note in relation to Items 8, 10, 11 and 13: The Reporting Person beneficially owns 13,190,698 Ordinary Shares and has 21,810,176 voting rights related to such shares. The aggregate amount beneficially owned and percent of class reported above are based on the Reporting Person's voting rights and the 187,854, 877 voting rights outstanding as of August 31, 2025.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonNoCIK>Y</reportingPersonNoCIK>
        <reportingPersonName>CDC Croissance S.A.</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>I0</citizenshipOrOrganization>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>4550812.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>4550812.00</sharedDispositivePower>
        <aggregateAmountOwned>4550812.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>2.4</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>Note in relation to Items 8, 10, 11 and 13: The Reporting Person beneficially owns 4,550,812 Ordinary Shares and has 4,550,812 voting rights related to such shares. The aggregate amount beneficially owned and percent of class reported above are based on the Reporting Person's voting rights and the 187,854, 877 voting rights outstanding as of August 31, 2025.</commentContent>
      </reportingPersonInfo>
    </reportingPersons>
    <items1To7>
      <item1>
        <securityTitle>Ordinary Shares, nominal value EUR0.15 per share</securityTitle>
        <issuerName>Valneva SE</issuerName>
        <issuerPrincipalAddress>
          <com:street1>6 rue Alain Bombard</com:street1>
          <com:city>Saint-Herblain</com:city>
          <com:stateOrCountry>I0</com:stateOrCountry>
          <com:zipCode>44800</com:zipCode>
        </issuerPrincipalAddress>
        <commentText>Introductory Statement:

This Amendment No. 3 (this "Amendment") is being filed by Bpifrance Participations S.A., a societe anonyme incorporated under the laws of the Republic of France ("Bpifrance Participations"), EPIC Bpifrance, a French public institution of industrial and commercial nature ("EPIC" ), Bpifrance S.A., a societe anonyme incorporated under the laws of the Republic of France ("Bpifrance"), Caisse des Depots et consignations, a French special public entity (etablissement special) ("CDC") and CDC Croissance S.A., a societe anonyme incorporated under the laws of the Republic of France ("CDC Croissance") (collectively, the "Reporting Persons") pursuant to Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the "Exchange Act").

This Amendment relates to the Ordinary Shares, nominal value EUR0.15 per share (the "Ordinary Shares") of Valneva SE (the "Issuer").This Amendment amends and supplements the Schedule 13D relating to Ordinary Shares of the Issuer filed with the Securities and Exchange Commission (the "SEC") on November 16, 2022, as amended by: (i) Amendment No. 1 to Schedule 13D filed with the SEC on June 30, 2023; and (ii) Amendment No. 2 to Schedule 13D filed with the SEC on September 20, 2024 (collectively, as amended, the "Schedule 13D").

Except as specifically provided herein, this Amendment does not modify any of the information previously reported in the Schedule 13D.  Capitalized terms used herein shall have the meanings ascribed to them in the Schedule 13D.</commentText>
      </item1>
      <item2>
        <principalJob>Information concerning the executive officers and directors of Bpifrance Participations, EPIC, Bpifrance, CDC and CDC Croissance required to be disclosed in response to Item 2 and General Instruction C to Schedule 13D is provided in Exhibit 99.2 to this Amendment and incorporated herein by reference.</principalJob>
        <hasBeenConvicted>None of the Reporting Persons, nor, to the best of their knowledge, any of the persons referred to in Exhibit 99.2 has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors).</hasBeenConvicted>
        <convictionDescription>None of the Reporting Persons, nor, to the best of their knowledge, any of the persons referred to in Exhibit 99.2 has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree, or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or state securities laws or finding any violation with respect to such laws.</convictionDescription>
      </item2>
      <item4>
        <transactionPurpose>Item 4 of the Schedule 13D is hereby amended and supplemented as follows:

All of the Ordinary Shares that are held of record by the Reporting Persons as reported herein were acquired for investment purposes. The Reporting Persons retain the right to change their investment intent, from time to time to acquire additional Ordinary Shares or other securities of the Issuer, or to sell or otherwise dispose of all or part of the Ordinary Shares or other securities of the Issuer, if any, beneficially owned by them, in any manner permitted by law. The Reporting Persons may engage from time to time in ordinary course transactions with financial institutions with respect to the securities described herein.

Except as set forth above, none of the Reporting Persons currently has any plans or proposals which would be related to or would result in any of the matters described in Items 4(a)-(j) of the Instructions to Schedule 13D. However, as part of the ongoing evaluation of investment and investment alternatives, the Reporting Persons may consider such matters and, subject to applicable law, may formulate a plan with respect to such matters, and, from time to time, may hold discussions with or make formal proposals to management or the board of directors of the Issuer or other third parties regarding such matters.</transactionPurpose>
      </item4>
      <item5>
        <percentageOfClassSecurities>Item 5(a) of the Schedule 13D is hereby amended and supplemented as follows:

As of the date hereof, (i) Bpifrance Participations holds directly 8,639,886 Ordinary Shares and 17,259,364 Voting Rights, and (ii) CDC Croissance held, through CDC PME CROISSANCE, 4,550,812 Ordinary Shares and 4,550,812 Voting Rights..

As of the date hereof, none of Bpifrance, EPIC or CDC holds any Ordinary Shares directly. Bpifrance may be deemed to be the beneficial owner of 8,639,886 Ordinary Shares and 17,259,364 Voting Rights, indirectly through its 99.99% ownership of Bpifrance Participations. EPIC may be deemed to be the beneficial owner of 8,639,886 Ordinary Shares and 17,259,364 Voting Rights, indirectly through its joint ownership and control of Bpifrance. CDC may be deemed to be the beneficial owner of (x) 8,639,886 Ordinary Shares and 17,259,364 Voting Rights, indirectly through its joint ownership and control of Bpifrance, (y) 4,550,812 Ordinary Shares and 4,550,812 Voting Rights, indirectly through its ownership of CDC Croissance and (z) 708 Ordinary Shares and 708 Voting Rights, indirectly through its ownership of CNP Assurances.

This Amendment is being filed to reflect a decrease in the Reporting Persons' percentage ownership of the Issuer's Ordinary Shares and Voting Rights, which resulted solely from an increase in the number of Ordinary Shares and Voting Rights outstanding since the filing of Amendment No. 2 to Schedule 13D and is not due to any transactions in the Ordinary Shares by the Reporting Persons.

The ownership percentages are calculated based on 171,730,534 Ordinary Shares outstanding and 187,854, 877 Voting Rights as of August 31, 2025, as reported by the Issuer.  The amount of outstanding Ordinary Shares and Voting Rights disclosed in the prior sentence is calculated under U.S. law, which requires treasury shares to be excluded from the calculation of outstanding shares.  Under French law, treasury shares are required to be included in the calculation of outstanding shares. Using the French law requirements, the Issuer has 171,854,856 outstanding Ordinary Shares and 187,980,079 outstanding Voting Rights, and (i) Bpifrance Participations' Ordinary Share holdings represent approximately 5.0% of the Issuer's outstanding Ordinary Shares, and its Voting Rights represent approximately 9.2% of outstanding Voting Rights, and (ii) CDC Croissance's Ordinary Share holdings represent approximately 2.6% of the Issuer's outstanding Ordinary Shares, and its Voting Rights represent approximately 2.4% of outstanding Voting Rights.</percentageOfClassSecurities>
        <numberOfShares>Item 5(b) of the Schedule 13D is hereby amended and supplemented as follows:

See the information contained on the cover pages of this Amendment, which is incorporated herein by reference.</numberOfShares>
        <transactionDesc>Item 5(c) of the Schedule 13D is hereby amended and supplemented as follows:

There have been no reportable transactions with respect to the Ordinary Shares of the Issuer within the last 60 days by the Reporting Persons, or, to the best of their knowledge, any of the persons referred to in Exhibit 99.2.</transactionDesc>
      </item5>
      <item7>
        <filedExhibits>EX 99.1 - Joint Filing Agreement, dated as of September 19, 2024, by and among the Reporting Persons (incorporated by reference to Exhibit 99.1 to the Reporting Person's Schedule 13D/A filed on September 20, 2024)

EX 99.2  - Information with respect to the Directors and Executive Officers of the Reporting Persons</filedExhibits>
      </item7>
    </items1To7>
    <signatureInfo>
      <signaturePerson>
        <signatureReportingPerson>Bpifrance Participations S.A.</signatureReportingPerson>
        <signatureDetails>
          <signature>Sophie Paquin</signature>
          <title>Director of Legal Affairs</title>
          <date>09/04/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>EPIC Bpifrance</signatureReportingPerson>
        <signatureDetails>
          <signature>Sophie Paquin</signature>
          <title>Director of Legal Affairs</title>
          <date>09/04/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Bpifrance S.A.</signatureReportingPerson>
        <signatureDetails>
          <signature>Boubakar Dione</signature>
          <title>Group Director of Legal Affairs</title>
          <date>09/04/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Caisse des depots et consignations</signatureReportingPerson>
        <signatureDetails>
          <signature>Laurence Giraudon</signature>
          <title>Chief Operating Officer, Finance and Operations Department, Asset Management Division</title>
          <date>09/04/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>CDC Croissance S.A.</signatureReportingPerson>
        <signatureDetails>
          <signature>Aude de Lardemelle</signature>
          <title>Executive Director</title>
          <date>09/04/2025</date>
        </signatureDetails>
      </signaturePerson>
    </signatureInfo>
  </formData>

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<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>2
<FILENAME>tm2525303d1_ex99-2.htm
<DESCRIPTION>EXHIBIT 99.2
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit&nbsp;99.2</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>Information with respect
to Directors and Executive Officers of the Reporting Persons</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Name, business address, present principal occupation
or employment and place of citizenship of the directors and executive officers of</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>BPIFRANCE PARTICIPATIONS S.A.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The name, business address
and present principal occupation or employment of each of the directors and executive officers of Bpifrance Participations S.A. are set
forth below. The business address of each director and executive officer is Bpifrance Participations S.A., 27-31, avenue du G&eacute;n&eacute;ral
Leclerc, 94710 Maisons-Alfort Cedex, France. Unless otherwise indicated, each director and executive officer is a citizen of France.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>BOARD OF DIRECTORS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR>
<TD STYLE="border-bottom: Black 1pt solid; vertical-align: top; width: 30%"><B>Name</B></TD>
<TD STYLE="padding-bottom: 1pt; width: 1%">&nbsp;</TD>
<TD STYLE="border-bottom: Black 1pt solid; text-align: left; vertical-align: bottom; width: 69%"><B>Present Principal Occupation or Employment</B></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NICOLAS DUFOURCQ</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director, Chairman, Chief Executive
Officer of Bpifrance Participations</B>, and Chief Executive Officer of Bpifrance</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">MARION CABROL</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>,&nbsp;Investment
manager at the Department of strategic holdings at Caisse des D&eacute;p&ocirc;ts</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">REMI FOURNIAL</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>, Head of strategy
and development at Compagnie des Alpes</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">FREDERIC SAINT-GEOURS</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>, vice chairman
of the board of directors of SNCF SA</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">FRENCH STATE represented by <FONT STYLE="text-transform: uppercase">GuilLemette
Kreis</FONT></FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>,&nbsp;Investment
manager at the Agence des Participations de l&rsquo;Etat (French State Shareholding Agency)</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CAMILLE SUTTER</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director,</B> head of the Corporate
Financing and Development Office, Direction G&eacute;n&eacute;rale du Tr&eacute;sor (French Treasury)</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CHLOE MAYENOBE</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>, Chief Operating
Officer at Thunes</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CAROLINE PAROT</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>, CEO of Technicolor
Creative Studios</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">JEROME GAZZANO</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>, deputy Director
for Innovation in the General Directorate for Companies of the Ministry of Economy and Finance</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">PIERRE AUBOUIN</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>, Director of the
division Sales and Strategic management of the Portfolio Banque des Territoires</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>EXECUTIVE OFFICERS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR>
<TD STYLE="border-bottom: Black 1pt solid; width: 30%"><B>Name</B></TD>
<TD STYLE="padding-bottom: 1pt; width: 1%">&nbsp;</TD>
<TD STYLE="border-bottom: Black 1pt solid; text-align: left; width: 69%"><B>Present Principal Occupation or Employment</B></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NICOLAS DUFOURCQ</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Chief Executive Officer</B></FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">JOS&Eacute; GONZALO</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Executive Director</B></FONT></TD></TR>
<TR>
<TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 5pt; padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">PIERRE
BENEDETTI</FONT></TD>
<TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 5pt; padding-top: 5pt">&nbsp;</TD>
<TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 5pt; padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Chief
Financial Officer</B></FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>Name, business address,
present principal occupation or employment and place of citizenship of the directors and executive officers of</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CAISSE DES D&Eacute;P&Ocirc;TS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The name, business address
and present principal occupation or employment of each of the members of the Management Committee of Caisse des D&eacute;p&ocirc;ts are
set forth below. The business address of each director and executive officer is Caisse des D&eacute;p&ocirc;ts, c/o 56, rue de Lille,
75007 Paris, France. Unless otherwise indicated, each such person is a citizen of France.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>MANAGEMENT COMMITTEE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
<TD STYLE="border-bottom: Black 1pt solid; width: 30%"><B>Name</B></TD>
<TD STYLE="padding-bottom: 1pt; width: 1%">&nbsp;</TD>
<TD STYLE="border-bottom: Black 1pt solid; text-align: left; width: 69%"><B>Present Principal Occupation or Employment</B></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">OLIVIER SICHEL</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><B>Chief Executive Officer of Caisse des D&eacute;p&ocirc;ts</B></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NICOLAS DUFOURCQ</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Chief Executive Officer of
Bpifrance</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">VIRGINIE CHAPRON-DU JEU</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Head of Risk Management of
Caisse des D&eacute;p&ocirc;ts Group</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">PIERRE CHEVALIER</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Head of Legal Affairs, compliance
and Ethics</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NATHALIE TUBIANA</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Head of finance and Sustainable
Development Policy at Caisse des D&eacute;p&ocirc;ts </B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">OLIVIER MAREUSE</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Deputy Chief Executive Officer
Head of Asset Management and Saving Funds</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CATHERINE MAYENOBE</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><B>Deputy Chief Executive, Operations and Business Transformation Director of Caisse des D&eacute;p&ocirc;ts
Group</B></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SOPHIE QUATREHOMME</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Head of Communications, Corporate
Sponsorship and Partnerships</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">MARIANNE KERMOAL-BERTHOME</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Head of Social Policy</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ANTOINE SAINTOYANT</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><B>Deputy general manager at Caisse des D&eacute;p&ocirc;ts and Head of Banque des Territoires</B></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">MARIE-LAURE GADRAT</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Chief of staff to the Chairman
and the Chief Executive Director</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">AURELIE ROBINEAU-ISRA&Emacr;L</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Head of Human Resources </B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 5pt">AUDREY GIRARD</TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Head of Strategic Investments</B></FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Name, business address, present principal occupation
or employment and place of citizenship of the directors and executive officers of</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EPIC BPIFRANCE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The name, business address and present principal
occupation or employment of each of the directors and executive officers of EPIC Bpifrance are set forth below. The business address
of each director and executive officer is EPIC Bpifrance, 27-31, avenue du G&eacute;n&eacute;ral Leclerc, 94710 Maisons-Alfort Cedex,
France. Unless otherwise indicated, each director and executive officer is a citizen of France.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>DIRECTORS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
<TD STYLE="border-bottom: Black 1pt solid; width: 30%"><B>Name</B></TD>
    <TD STYLE="padding-bottom: 1pt; width: 1%">&nbsp;</TD>
<TD STYLE="border-bottom: Black 1pt solid; text-align: left; width: 69%"><B>Present Principal Occupation or Employment</B></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CHRISTIAN BODIN</FONT></TD>
    <TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director, interim Chairman,
Chief Executive Officer of EPIC Bpifrance</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ESTELLE DHONT-PELTRAULT</FONT></TD>
    <TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>, assistant to
the Head of the Innovation, Technology Transfer and Regional Action Department in the General Directorate for Research and Innovation</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">JEAN BENSAID</FONT></TD>
    <TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>, head of the support
mission for the financing of infrastructures at the Direction g&eacute;n&eacute;rale du Tr&eacute;sor (French Treasury)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SIMON PINEAU</FONT></TD>
    <TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>, Head of the office
for Energy,&nbsp;Investments,&nbsp;Industry and Innovation in the General Directorate for Budget of the Ministry of Economy and Finance</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">EMMANUELLE BENHAMOU</FONT></TD>
    <TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>, Deputy at the
audit and accounting department of the Agence des Participations de l'Etat (French State Shareholding Agency)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">GERALDINE LEVEAU</FONT></TD>
    <TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>, Deputy General
Secretary for Public Investment</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-bottom: 5pt; border-bottom: Black 1pt solid; padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">DAVID
HELM</FONT></TD>
    <TD STYLE="padding-bottom: 5pt; border-bottom: Black 1pt solid; padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-bottom: 5pt; border-bottom: Black 1pt solid; padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>,
Head of Innovation Financing and Intellectual Property in the General Directorate for Companies of the Ministry of Economy and Finance</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: left"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Name, business address, present principal occupation
or employment and place of citizenship of the directors and executive officers of</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>BPIFRANCE S.A.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The name, business address and present principal
occupation or employment of each of the directors and executive officers of Bpifrance S.A. are set forth below. The business address
of each director and executive officer is Bpifrance S.A., 27-31, avenue du G&eacute;n&eacute;ral Leclerc, 94710 Maisons-Alfort Cedex,
France. Unless otherwise indicated, each director and executive officer is a citizen of France.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>DIRECTORS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR>
<TD STYLE="border-bottom: Black 1pt solid; vertical-align: top; width: 30%"><B>Name</B></TD>
<TD STYLE="padding-bottom: 1pt; width: 1%">&nbsp;</TD>
<TD STYLE="border-bottom: Black 1pt solid; text-align: left; vertical-align: bottom; width: 69%"><B>Present Principal Occupation or Employment</B></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">OLIVIER SICHEL</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>, Chairman of Bpifrance,
Chief Executive Officer of Caisse des D&eacute;p&ocirc;ts</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NICOLAS DUFOURCQ</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director, Chief Executive Officer
of Bpifrance </B>and Director, Chairman and Chief Executive Officer of Bpifrance Participations</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ANTOINE SAINTOYANT</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director, Deputy general manager
at Caisse des D&eacute;p&ocirc;ts and Head of Banque des Territoires</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ALEXIS ZAJDENWEBER</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>, Chairman of the
Agence des Participations de l'Etat (French State Shareholding Agency)</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">MARIE DELEAGE</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director representing the employees
of Bpifrance</B></FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">PHILIPPE BAYEUX</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director representing the employees
of Bpifrance</B></FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">PIERRE-ANDRE DE CHALENDAR</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>, honorary Chairman
of Saint-Gobain</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CLAIRE DUMAS</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>, formerly CFO
at Soci&eacute;t&eacute; G&eacute;n&eacute;rale</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">STEPHANIE SCHAER</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>,&nbsp;Interministerial
director of digital affairs</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">MARION CABROL</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>,&nbsp;Investment
manager in the Department of strategic holdings at Caisse des D&eacute;p&ocirc;ts</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">STEPHANIE
PERNOD</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>, Vice-president
of the Regional Council of Auvergne-Rh&ocirc;ne-Alpes, in charge of the economy, relocation, regional preference and digital </FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NATHALIE
TUBIANA</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>, Head of finance
and sustainable policy of Caisse des D&eacute;p&ocirc;ts Group</FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CLAIRE CHEREMETINSKI</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>, Deputy Director
General of the Treasury</FONT></TD></TR>
<TR>
<TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 5pt; padding-top: 5pt; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">BRICE
HUET</FONT></TD>
<TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 5pt; padding-top: 5pt">&nbsp;</TD>
<TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 5pt; padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director</B>,
General commissioner for sustainable development</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Name, business address, present principal occupation
or employment and place of citizenship of the directors and executive officers of</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CDC CROISSANCE S.A.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The name, business address and present principal occupation or employment
of each of the directors and executive officers of CDC Croissance S.A. are set forth below. The business address of each director and
executive officer is CDC Croissance S.A., 209, rue de l&rsquo;Universit&eacute;, 75007 Paris, France. Unless otherwise indicated, each
such person is a citizen of France.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>BOARD OF DIRECTORS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR>
<TD STYLE="border-bottom: Black 1pt solid; width: 30%"><B>Name</B></TD>
    <TD STYLE="padding-bottom: 1pt; width: 1%">&nbsp;</TD>
<TD STYLE="border-bottom: Black 1pt solid; text-align: left; width: 69%"><B>Present Principal Occupation or Employment</B></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">OLIVIER MAREUSE</FONT></TD>
    <TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Chief Investment Officer and Director of Saving Funds
at Caisse des D&eacute;p&ocirc;ts. </B></FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">LAURENCE GIRAUDON</FONT></TD>
    <TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director, Chief Operating Officer, Finance and Operations
Department, Asset Management Division </B></FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">GILLES HAYEM</FONT></TD>
    <TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director, Head of Listed Equities Portfolio Management,
Asset Management Division at Caisse des D&eacute;p&ocirc;ts</B></FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">FLORENCE BONNEVAY</FONT></TD>
    <TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director, Chief Executive Officer of Allesens</B></FONT></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt">OLIVIER HEREIL</TD>
    <TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Director, Chief Investment Officer at BNP Paribas Cardif</B></FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>EXECUTIVE OFFICERS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR>
<TD STYLE="border-bottom: Black 1pt solid; width: 30%"><B>Name</B></TD>
<TD STYLE="padding-bottom: 1pt; width: 1%">&nbsp;</TD>
<TD STYLE="border-bottom: Black 1pt solid; text-align: left; width: 69%"><B>Present Principal Occupation or Employment</B></TD></TR>
<TR>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">AUDE DE LARDEMELLE</FONT></TD>
<TD STYLE="padding-top: 5pt">&nbsp;</TD>
<TD STYLE="padding-top: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Chief Executive Director</B></FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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