BASSAC SA

About BASSAC SA

Moïse Mitterrand serves as Chairman and Chief Executive Officer of Bassac SA, a listed family-controlled holding company quoted on Euronext Paris and historically known as Les Nouveaux Constructeurs. Bassac was founded in 1972 and operates through majority stakes in businesses active in residential and office property development in France, Spain and Germany. Over the years, Bassac and its subsidiaries have delivered close to 90,000 apartments and individual homes, which underscores the scale of the platform he oversees. The governance shift approved in May 2020 led to his appointment as Chairman and CEO, reinforcing the clarity and unity of the group’s leadership. In practice, Mitterrand plays a central role in steering the group’s strategy, balancing internal growth, acquisitions and the coordination of Bassac’s operating entities. Bassac’s annual financial report for 2024 states that the parent company has a board of directors and no separate management committee or executive committee at the holding-company level, making the Chairman-CEO position especially influential in day-to-day strategic oversight. The board defines the company’s directions, appoints corporate officers and monitors management, while specialized committees remain limited, with an audit committee being the only standing committee. From a governance perspective, his tenure reflects a disciplined, family-business approach to executive oversight. In 2025, the board decided to stop granting variable compensation to the Chairman and CEO for future years, favoring a fixed remuneration structure instead. That choice suggests an emphasis on moderation, alignment and long-term stewardship rather than aggressive short-term incentives. Under his leadership, Bassac has continued to expand and consolidate its platform, while maintaining a strong focus on financial discipline and group structure. In 2025, the company announced the final completion of its acquisition of Feu Vert, illustrating Bassac’s willingness to pursue meaningful external growth when strategically relevant. Overall, Moïse Mitterrand’s profile is that of a holding-company executive combining family continuity, strategic coordination and capital-allocation discipline.