The EADS Board of Directors has met on January 26 for one of its regularly scheduled meetings in Amsterdam. During this meeting the following decisions have been taken.

EADS N.V. announces that its Board of Directors has designated Tom Enders to take over the role of CEO when Louis Gallois steps down at the end of his mandate.

Concurrently, Arnaud Lagardère will assume the role of Chairman of the Board presently held by Bodo Uebber.

The change-over was prepared diligently by the Board and results from the application of the succession process under the governance of EADS, which was updated in October 2007. It will take place after the company’s Annual General Meeting (AGM) on May 31, 2012. These new mandates carry a five-year term.

Bodo Uebber, the Chairman of the Board, said: “Today’s decisions mark a very important milestone in the development of EADS. Having clarity about the Board and management positions enables EADS to build a bright future for the long-term on solid foundations. I am very pleased and proud with the overall composition of the Board of Directors and with the appointments to the management team, especially with its multinational character. I know that my successor Arnaud Lagardère and all of us share the same strong interest and ambitions for EADS.”