François Carrard

Swiss national, aged 74 – Vice Chairman of the Board of Directors / Member of the Remuneration Committee

Appointment at Compagnie Financière Tradition S.A.: First elected on 7 January 1997. Re-elected on 6 May 2010 for a three-year term.

Offices held in governing and supervisory bodies of large public or private, Swiss or foreign corporations, foundations or institutions at 31 December 2012: Chairman of the Boards of Directors of Beau-Rivage Palace S.A., Lausanne (Switzerland) and Groupe PCL Holding and subsidiaries (imprimeries) (Switzerland), member of several boards of directors, including Bank of China (Suisse) S.A. (Switzerland), Groupe Brugg Holding and subsidiaries (industries) (Switzerland), OBS Olympic Broadcasting Services SA (Switzerland) and IOC Television & Marketing Services SA (Switzerland).

Education: LL.D., University of Lausanne.

Career history: François Carrard has been a practicing attorney since 1967. He is a partner in the law firm of Carrard & Associés, Lausanne. He is a specialist in corporate law, particularly banking and finance, and sports law - he is legal counsel to the International Olympic Committee, and was its former Director General from 1989 to 2003. He also specialises in international arbitration and mediation.