- Following closing of the acquisition of Ingenico by the investment funds 
managed by affiliates of Apollo Global Management (the "Apollo Funds"), 
Ingenico is pleased to announce the appointment of new members of the 
Supervisory Board.

- Under the leadership of Matthieu Destot and with the support of the 
Supervisory Board and new shareholders, Ingenico is well positioned to 
successfully execute on its transformational journey


Following successful completion of its acquisition by Apollo Funds, Ingenico, 
the global leader in payments acceptance solutions, today announced that it has 
begun operating as an independent company, appointing a new Supervisory Board 
to help management drive its ambitious business strategy and transformation.

Ownership by the Apollo Funds marks a new era for Ingenico as an independent 
company with a strong leadership team and clear strategy focused on delivering 
best-in-class services to our customers. Ingenico expects to accelerate its 
business transformation as a payments ecosystem enabler, utilising its largest 
global installed base, R&D capabilities, and talent to innovate its range of 
products and services.

Ingenico also plans to strengthen its existing offering and accelerate 
transition towards a greater mix of software and cloud-based services, 
leveraging its latest range of Android OS-based platform (AXIUM™), Terminal as 
a Service (TaaS) offering, and Payments Platform as a Service (PPaaS™) 
platform. The strategy is designed to help secure long-term development for the 
business and serve in the best interests of Ingenico's customers, employees and 
shareholders.   

Matthieu Destot will continue leading the execution of Ingenico's strategy as a 
Chief Executive Officer and a Board Member. Matthieu will be supported by a 
new, high quality diversified Supervisory Board.

Catherine Guillouard has been appointed as Chairwoman of the Ingenico 
Supervisory Board. Catherine brings extensive business experience, 
transformation management and an impeccable track record of leadership for 
global businesses. Rolf Stangl, Gerrard Schmid, and Laurence Stoclet, three 
talented executives with strong execution, business transformation and industry 
experience, and a track record of value creation, will also join the 
Supervisory Board as non-executive directors. Finally, the Apollo Funds will be 
represented by an experienced global team, including Michele Rabà, Partner, 
Robert Kalsow-Ramos, Partner, Christopher Harwood, Operating Partner, and Yulia 
Shakhova, Principal. 

"I am thrilled to start our new journey and welcome the new directors of the 
Ingenico Supervisory Board. Ingenico team has an ambitious strategy and a 
longstanding, committed management team to execute on it. I strongly believe 
that the new Supervisory Board members will add tremendous value to the 
Ingenico growth with each of them bringing a unique set of skills, expertise, 
vision and perspectives," said Matthieu Destot, CEO of Ingenico. 

Ingenico is ready for its journey as a standalone company, with a driven 
Management team and most of the carve-out activities from Worldline already 
completed.

Matthieu Destot continued to say: "During this ownership transition, we will 
continue to keep the highest level of customer service and satisfaction without 
any disruptions. The entire Ingenico team is very excited about the future, as 
we aim to become a better, stronger, and more agile partner for our valued 
customers and partners globally."

About INGENICO

Ingenico is the global leader in payments acceptance solutions. As the trusted 
technology partner for merchants, banks, acquirers, ISVs, payment aggregators 
and Fintech customers our world-class terminals, solutions and services enable 
the global ecosystem of payments acceptance. With 45 years of experience, 
innovation is integral to Ingenico's approach and culture, inspiring our large 
and diverse community of experts who anticipate and help shape the evolution of 
commerce worldwide. At Ingenico, trust and sustainability are at the heart of 
everything we do.


SOURCE: Ingenico