13 January 2025

PAU, France–(Business Wire/AETOSWire)–Regulatory News:

ARVEN Set (FR001400JWR8 – ARVEN)A French industrial company specializing in the production of renewable underground resources to support the energy transition has announced the appointment of Thierry Truitt as Executive Vice President, effective today. He joins the Executive Committee of the Arverne Group, founded and chaired by Pierre Brosollet.

With more than 20 years of experience in senior management positions, Thierry Truitt has recognized expertise in developing new business activities, managing high-growth organizations and pioneering business operations. With a focus on innovation and performance, he will be responsible for supporting Arverne Group and its subsidiaries in project development and implementation.

Thierry Truitt began his career at E.Leclerc before contributing to the growth of Cultura, the leading cultural and artistic entertainment company in France. For 15 years, he held key management positions in stores, logistics and central purchasing. He has played a central role in commercial strategy, sales acceleration and margin growth. In 2017, he founded the consulting firm AKT to help executives and structure organizations, and in this context, he held CEO positions.

The Arverne Group announces the departure of Sébastien Renaud, current Executive Vice President of the Group.

Pierre Brossolet, Founder and CEO: “Thierry Truitt’s experience in management and organizational leadership, combined with his strong entrepreneurial experience, will be important assets for the Arverne Group. The Board of Directors is confident that he will support our group in its growth and implementation of its roadmap. I would like to thank I warmly welcome Sébastien Renaud for his contribution to the development of the Arverne Group and I wish him every success in his future endeavours.

Details of Thierry Truitt's remuneration for his duties as Deputy CEO, as proposed by the Nominations and Remuneration Committee and approved by the Board of Directors, are available on the Arverne Group website.

About Arverne Group

The Arverne Group specializes in harnessing underground resources to transform them into local, renewable, environmentally friendly energy, contributing to the prosperity of local communities. As an integrated industrial player, Arverne Group covers the entire underground value chain, from exploration, drilling, production and sales to end users. The Arverne Group aims to become the leading French company in the field of geothermal energy and its by-products, including low-carbon geothermal lithium.

Founded in Pau in 2018, the Arverne Group has organized its business activities around several subsidiaries, in particular 2gré (sale of geothermal heat), Lithium de France (geothermal, extraction and sale of geothermal lithium) and Arverne Drilling Services (drilling operations).

Arverne Group is a mission-driven company and is listed in the Technology Leaders category of Euronext (EPA:) Paris (ISIN FR001400JWR8, code ARVEN).

www.arverne.earth

Media relations:
communication@arverne.earth
arvernegroup@image7.fr

Investor Relations:
investor.relations@arverne.earth
alexandre.commerot@seitosei-activin.com

Source: ARVERNE GROUP

Leave a Reply

Your email address will not be published. Required fields are marked *