A strengthened governance to deliver a sustainable value creation.
Soitec has established governance rules in compliance with applicable laws, regulations and recommendations (including those of the Autorité des marchés financiers (AMF), the French stock market regulator), and designed its mission and its ambitions to ensure an effective decision-making process and the transparency of its operations, taking into account the interest of all of its stakeholders.
The Company refers to the Corporate Governance Code for listed companies published by the AFEP (Association Française des Entreprises Privées, the French Association of Private Companies) and the MEDEF (Mouvement des Entreprises de France, the French Business Confederation) (the "AFEP-MEDEF Code").
The Board of Directors has twelve Directors, seven independent Directors, five women and two Employee Directors. The composition of the Board of Directors is intended to adhere closely to the principles of diversity and to reflect the geographic mix of the business, to provide a range of technical skills, and to include individuals with in-depth knowledge of Soitec's activities, allowing a rapid and in-depth understanding of Soitec's development challenges and an informed decision-making process.
The operating procedures of the Company’s Board of Directors are governed by the applicable laws, regulations and recommendations, as well as by the Company’s By-laws and the Board of Directors’ Internal Regulation.
Nationality: French
Years on the Board: 2 years
End date of current term: Annual General Meeting called to approve the financial statements for the year ending March 31, 2027
From August 2018 to February 2025, Frédéric Lissalde served as President and Chief Executive Officer of BorgWarner, Inc., one of the world’s leading automotive suppliers, after holding the positions of Executive Vice President and Chief Operating Officer from January 2018 to July 2018.
From May 2013 to December 2017, he was Vice President of the company, as well as President and Chief Executive Officer of BorgWarner Turbo Systems LLC. Before joining BorgWarner Inc. in 1999, he held various positions with Valeo and ZF in program management, engineering, operations and sales in the UK, Japan and France.
Frédéric Lissalde holds a Master’s of Engineering from ENSAM – École nationale supérieure des arts et métiers – Paris, and an MBA from HEC Paris. He is also a graduate of executive courses at INSEAD – Institut Européen d’Administration des Affaires, Harvard and MIT.
Nationality: French
Years on the Board: <1 year
End date of current term: Annual General Meeting called to approve the financial statements for the year ending March 31, 2027
Victor Barruol has been working as an in-house lawyer in Soitec's General Secretary since 2021, where he is in charge of ethics and compliance issues (prevention of corruption and competition law, etc.).
Before joining Soitec, Victor practiced as a lawyer specializing in competition, distribution and consumer law in several law firms in Paris between 2016 and 2021.
Victor Barruol holds a Master 2 degree in business law, obtained in 2014 from the Sciences Po Paris Law School, and has been a qualified lawyer since 2016.
Nationality: Belgian
Years on the Board: 7 years
End date of current term: Annual General Meeting called to approve the financial statements for the year ending March 31, 2027
Françoise Chombar is Co-founder of Melexis (Belgium) and Chairwoman of its Board of Directors since 2021 as well as Chief Executive Officer of Sensinnovat BV (Belgium) since 2010.
Françoise Chombar served as Chief Executive Officer of Melexis for 18 years (from 2003 to 2021). Melexis develops and manufactures mixed signal semiconductor sensor and driver components mainly aimed at automotive applications.
At the same time, she has been an independent director on the Board of Umicore since 2016, a group specialized in materials technology and recycling. She is a member of the Boards of Directors of Mediafin, a Belgium-based media group, and of Antwerp Management School, the highest EMBA ranked business school of the Benelux. She was a member of the Board of Directors of Smart Photonics, a Dutch semiconductor company, until March 2026.
She remains a member of STEM Platform, having chaired it for 10 years until September 1, 2025. STEM Platform is a consultative body of the Flemish regional government that aims to encourage young people towards STEM studies (science, technology, engineering and mathematics) and to promote these disciplines to the general public.
From 1999 to 2016, she was a mentor for the SOFIA Women’s Network, a coaching and learning organization for female professionals, and she promotes the access of women to Boards of Directors through her membership of the Belgium-based non-profit organization Women on Board.
Prior to joining Melexis, Françoise Chombar worked at Elmos GmbH, a German semiconductor supplier, where she was in charge of Production Planning and Customer Service from 1985 to 1989.
Françoise Chombar holds a Master’s degree in applied languages (Dutch, English and Spanish) from Ghent University (Belgium).
Nationality: French
Years on the Board for Bpifrance Participations: 13 years
End date of current term: Annual General Meeting to be called to approve the financial statements for the fiscal year ending March 31, 2028.
Bpifrance Participations: Bpifrance Participations is a subsidiary of Bpifrance, which invests directly and indirectly through company funds. It is the parent company of Bpifrance Investissement and conducts its business as part of the public interest mission entrusted to Bpifrance.
Samuel DALENS:
Director within the Large Cap team at Bpifrance Investissement (France) since July 2022, Samuel Dalens invests in mid-sized and large companies. He has 16 years’ experience in finance and private equity.
Prior to joining Bpifrance in 2012, Samuel Dalens worked in the French administration, for two years at the Ministry of Foreign Affairs and four years at the Ministry of Finance (at the Budget Office, then at the French Government Shareholding Agency).Nationality: French
Years on the Board for FSP: 4 years
End date of current term: Annual General Meeting to be called to approve the financial statements for the fiscal year ending March 31, 2028.
Fonds Stratégique de Participations: FSP is an investment company managed by ISALT, an independent management company specifically created to manage FSP’s equity interests. The shareholders and directors of FSP comprise seven French insurance companies: BNP Paribas Cardif, CNP Assurances, Crédit Agricole Assurances, Groupama, BPCE Assurances, Société Générale Assurances and Suravenir. FSP provides long-term support to French companies in their growth and transition projects. FSP holds large "strategic" stakes in companies’ share capital and participates in their governance structures through membership of their Boards of Directors or Supervisory Boards. FSP holds investments in its portfolio in French companies that are leaders in their fields.
Laurence DELPY: Laurence Delpy has been Chief Executive Officer of Kinéis (since April 2025).
Nationality: French
Years on the Board for CEA Investissement: 9 years
End date of current term: Annual General Meeting to be called to approve the financial statements for the fiscal year ending March 31, 2028.
CEA Investissement: CEA Investissement is a wholly-owned subsidiary of CEA, which holds CEA’s portfolio of strategic equity investments. CEA Investissement is advised and operated by the asset management company Supernova Invest (authorized by the French financial markets authority [Autorité des marchés financiers – AMF]) under no. GP-17000008). Since 1999, CEA Investissement has financed and supported dozens of start-ups, and contributes to CEA’s innovation policy, from life sciences to energy, microelectronics, materials, industrial equipment, etc.
Julie GALLAND:
Julie Galland has been Director of Technological Research at the French Alternative Energies and Atomic Energy Commission (CEA) since January 2023.
Nationality: French
Years on the Board: 11 years
End date of current term: Annual General Meeting to be called to approve the financial statements for the fiscal year ending March 31, 2026
Christophe Gégout is Founding Partner and Non-Executive Director at Yotta Capital Partners (France) since December 2020.
Nationality: French
Years on the Board: 5 years
End date of current term: Annual General Meeting called to approve the financial statements for the year ending March 31, 2027
Didier Landru is a senior expert in Soitec’s Innovation Department, where he has held various R&D positions over the past 20 years, after an initial experience in a major semiconductor industry group.
In addition, Didier Landru held the title of senior employee representative (délégué du personnel collège 3) from 2016 to 2019 and CFE-CGC union representative from 2019 to 2021.
Didier Landru has a materials science engineering diploma from Grenoble INP-Phelma (France) and obtained his PhD in 2000 from the University of Grenoble-Alpes (France), in partnership with the University of Cambridge (United Kingdom).
Following his appointment as an employee director, he took a governance training course and, in March 2022, obtained a corporate director’s certificate from Sciences Po-IFA (France).
Nationality: Japanese
Years on the Board: 11 years
End date of current term: Annual General Meeting called to approve the financial statements for the year ending March 31, 2027
Satoshi Onishi has been Managing Director of the special functional products division at Shin‑Etsu Chemical Co., Ltd. (Japan) since April 2023.
Nationality: French
Years on the Board: 4 years
End date of current term: Annual General Meeting to be called to approve the financial statements for the fiscal year ending March 31, 2026
Maude Portigliatti has been Executive Vice President of Michelin’s Polymer Composite Solutions businesses, member of Michelin’s Executive Committee (France) since July 2021.
At Michelin, Maude Portigliatti is in charge of driving the change towards high-value new domains. She oversees composite products such as conveyors, belts and seals, the engineered polymers segment, as well as two joint ventures: Symbio (fuel cells) and Solesis (biomaterials solutions).
Since 2023, Maude Portigliatti has been a member of the Académie des Technologies, a national public administrative body which, thanks to the diverse expertise of its members and the collective nature of its work, provides a detailed, original and impartial perspective on issues relating to technologies and how they fit in with society. It is committed to promoting useful and responsible technological choices that improve living conditions.
Starting in 2017, while based in South Carolina in the United States, she took the position of Innovation Deployment Programs Director, serving key customers in the Automotive Original Equipment Business Line.
Nationality: French
Years on the Board: 4 years
End date of current term: Annual General Meeting to be called to approve the financial statements for the fiscal year ending March 31, 2026
Delphine Segura Vaylet has been Group Human Resources and Security Director at Artelia (France) since September 2025.
Before joining Artelia, she served as Senior EVP in charge of Human Resources at Groupe SEB for nearly five years, and as Vice President of Group HR Strategy and Policy at Total for three years.
In 2014, she joined Zodiac Aerospace as the Group HR Director and ExCom member, until
the sale to Safran.
In 2007, she joined STMicroelectronics as HR Director for the Digital Consumer branch, a position she held for eight years. For almost five years, she was in charge of the Talent and Organization Development Department, then of Training at Group level.
Delphine Segura Vaylet began her career at Thales where she held various positions as HR Operations Director within the subsidiary Semiconducteurs Spécifiques and the Research Group, IT Group and Services France activities for 13 years.
Delphine Segura Vaylet holds a Master 2 (Diplôme Études Approfondies) in European Social Law from the University of Paris 1 – La Sorbonne (France).
Nationality: American
Years on the Board: 7 years
End date of current term: Annual General Meeting called to approve the financial statements for the year ending March 31, 2027
Shuo Zhang has been Managing Partner & Chief Executive Officer of Renascia Partners LLC (USA) since July 2015, Advisory Partner of Benhamou Global Ventures (USA) since February 2016 and Operating Partner of Atlantic Bridge Capital (USA) since January 2018.
In 2019, Shuo Zhang joined the Board of PDF Solutions Corp.
Since 2017, she has also sat on the Board of Directors of Grid Dynamics and been an executive director of Telink Semiconductor Corp.
She has held various management positions at Cypress Semiconductors (2007-2015), Silicon Light Machines (2006-2007), Agilent Technologies (2000-2006), Altera (1998-2000), Quester Technologies (1996-1998) and LSI Logic (1994-1996).
She started out as a research assistant at the Chinese Academy of Sciences (1987-1989) and at Penn State University (1990-1994).
Shuo Zhang has an MSc in Engineering from Penn State University (USA), a BSc in Electrical Engineering from Zhejiang University (China) and an Executive Management degree from Stanford University (USA).
60%*
Women (excluding employee directors)
(*as of April 1, 2026)
70%*
Independent directors (excluding the employee directors)
(*as of April 1, 2026)
90%
4
7
53*
Average age of Board members
(*as of April 1, 2026)
The Directors have extensive and diversified experience, which gives them varied, cross-sector and complementary expertise.
This diversity and complementarity of experience and expertise allows them to swiftly and fully understand Soitec’s business development objectives and make informed decisions.
As such, the Chairs of the four Committees:
were appointed, in particular, for their expertise and experience in the duties assigned to their respective Committees.
(10) Experience or knowledge of the end markets in which the Group operates: mobile communications, automotive and industrial, and smart devices.
(11) Experience in research and development.
The Company's Board of Directors is supported by four Committees: the Strategic Committee, the Audit and Risks Committee, the Compensation, Nominations and Board Governance Committee and the Sustainability Committee.
To contribute to a more sustainable future, we have placed environmental, social and governance issues at the heart of our strategy.
