Composed of the Executive Board, three Executive Vice-Presidents and two Managing Directors — the CEO
of Wendel Luxembourg being Secretary and permanent participant — the Investment and Development Committee meets at least every two weeks and more frequently if needed, to work on selecting and developing
the Group’s investments. It examines plans to acquire and divest assets and regularly reviews the position
of the main companies within the portfolio and Wendel’s investment policy in order to formulate recommendations to the decision-making bodies.