REGISTRATION DOCUMENT - Bourbon

3CorporateMANAGEMENT REPORTGovernance3.2.2 Management in post as of December 31, 2011Mr. Christian LefèvreDate of birth: August 27, 1957CHIEF EXECUTIVE OFFICER SINCE JANUARY 1, 2011Business address:BOURBON33, rue du Louvre – 75002 PARISDate term expires: December 31, 2013Positions held outside the Group- Chairman of SAS Marine- Director, Sapmer SAPositions that expired in the past five yearsNoneChristian Lefèvre gained a postgraduate degree from the NationalMerchant Navy School in 1984. He began his career at BOURBON asan offi cer then Chief Engineer and Captain of offshore vessels beforebecoming Head of Agencies in Gabon then Cameroon. He was thensuccessively appointed Chief Operating Offi cer at Bourbon Offshore Surf(a subsidiary of BOURBON) from 1990 to 1995, then CEO of BourbonOffshore Surf from 1996 to 2001. In 2001, he was appointed CEO of theOffshore Division and in December 2005, Executive Vice President andChief OperatingOffi cer of BOURBON. Since January 1, 2011, he hasbeen Chief Executive Offi cer of BOURBON.Mr. Gaël BodénèsDate of birth April 3, 1968EXECUTIVE VICE PRESIDENT - CHIEF OPERATING OFFICER SINCE JANUARY 1, 2011Business address:BOURBON33, rue du Louvre – 75002 PARISDate term expires: December 31, 2013Positions held outside the GroupNonePositions that expired in the past five yearsNoneGaël Bodénès is a naval engineer who graduated from ENSIETA (NavalEngineering School) in 1991. He also has an MBA awarded by HEC(Business School) Paris in 2007.He began his career with the French Navy (DGA) as a naval engineer inthe Newbuilding Design Department, then joined the Sales Departmentof the DCN in Brest (France). In 1998, he joined Barry Rogliano Salles asan offshore shipbroker.In September 2002, Gaël Bodénès joined BOURBON as Marketing andBusiness Development Manager for the Offshore Division. In line with thegrowth of the business, he contributes to the structuring of the OffshoreDivision and to the development of the Marketing Department ofBourbon Offshore.In September 2005, he was appointed Deputy CEO of BourbonOffshore, before becoming in 2010, Deputy CEO of the OffshoreDivision, in charge of Business Management.Since January 1, 2011, he has been Executive Vice President and ChiefOperating Offi cer of BOURBON.28BOURBON - 2011 Registration Document