PR98137

PARIS, Oct. 4, 2022 /PRNewswire=KYODO JBN/ --

- 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