Rexel announces shareholding details and appoints new board observer

Rexel, a global leader in electrical distribution and services, announced the total number of shares and voting rights as of August 31, 2026, in compliance with Article L.233-8 II of the French Commercial Code and Article 223-16 of the General Rules of the French Autorité des marchés financiers. The details provided reflect the company's current shareholding structure as of the specified date.

The latest update shows that Rexel has 500,000,000 shares in total, with each share carrying one voting right. As of the end of August 2026, 300,000,000 shares were owned by the company's major stakeholders, while the remaining 200,000,000 shares were held by various minority investors.

Armando Martínez, a seasoned executive with extensive experience in the energy sector, was appointed as an observer to Rexel's Board of Directors during a meeting held on July 27, 2026. Martínez's role as an observer is intended to provide valuable insights and expertise to the board, particularly in areas related to regulatory compliance and strategic planning.

Martínez, a recognized expert in corporate governance and regulatory matters, brings a wealth of knowledge to Rexel's management team. His appointment reflects the company's commitment to enhancing its board's capabilities and ensuring that it remains well-positioned to navigate the complex landscape of global regulatory requirements.

"This appointment further strengthens our board's expertise," said Jean-Luc Dupont, CEO of Rexel. "Armando Martínez's deep understanding of the regulatory environment will be invaluable as we continue to grow and expand our operations globally."

Rexel's transparency in sharing its shareholding details and the appointment of Martínez underscore the company's dedication to maintaining high standards of corporate governance and regulatory compliance.