PAU, France–(BUSINESS WIRE)–Regulatory News:

Arverne Group (FR001400JWR8 – ARVEN)a French industrial company specialized in the production of renewable underground resources to support the energy transition, announces the appointment of Thierry Trouyet as Deputy CEO, effective from today. He joined the Executive Committee of the Arverne Group, founded and led by Pierre Brossollet.

With over 20 years of experience in senior management roles, Thierry Trouyet has recognized expertise in developing new business activities, managing high-growth organizations, and leading commercial operations. . With a focus on innovation and performance, he is responsible for supporting the Arverne Group and its subsidiaries in the development and implementation of projects.

Thierry Trouyet began his career at E.Leclerc before contributing to the growth of Cultura, France’s leader in cultural and artistic entertainment. For 15 years, he held important positions in the management of stores, logistics, and central purchasing. He plays a key role in commercial strategy, sales facilitation, 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 has announced the departure of Sébastien Renaud, currently Deputy CEO of the Group.

Pierre Brossollet, Founder and CEO: “Thierry Trouyet’s management and organizational leadership skills, combined with his strong business 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 the implementation of its roadmap, I would like to thank Sébastien Renaud for his contribution to the development of the Arverne Group and wish him every success in his future endeavors.”

Details of Thierry Trouyet’s remuneration for his duties as Deputy CEO, proposed by the Appointments 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 using underground resources to transform them into environmentally friendly, local and renewable energy, contributing to the prosperity of local communities. As an integrated industry player, Arverne Group spans the entire underground value chain, from exploration to drilling and production to sales to end-users. The Arverne Group aims to become the French leader in geothermal energy and its products, including low-carbon geothermal lithium.

Founded in Pau in 2018, the Arverne Group structures its business activities around several subsidiaries, notably 2gré (sales of geothermal heat), Lithium de France (geothermal heat and acquisition and sale of geothermal lithium) and Arverne Drilling Services (drill operations).

A mission-driven company, Arverne Group is listed in the Tech Leaders section of the Euronext (EPA:) Paris (ISIN FR001400JWR8, symbol ARVEN).

www.arverne.earth

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Source: ARVERNE GROUP