Olivier Piou

OLIVIER PIOU, Chief Executive Officer of Axalto NV, has been a General
Manager and member of the Board of Directors of Axalto since February
17, 2004. Mr. Piou, who began his career at Schlumberger, held various
technical, operational and marketing management positions within
Schlumberger, in connection with Schlumberger’s various activities in
France and in the United States, from 1981 to 1993. From 1994 to 1997,
he was Technical and Marketing Director for Schlumberger’s Electronic
Transactions business. From 1998 to 2000, he was president of
Schlumberger’s Smart Cards division. From 2001 to 2004, he was president
of Schlumberger’s Volume Products and Global Market Segments businesses.
Mr. Piou graduated from the Ecole Centrale de Lyon. He is also President
of Eurosmart, the international non-profit organization, based in
Brussels, which represents the smart card industry worldwide.