PREMIER INVESTISSEMENT SAS

About PREMIER INVESTISSEMENT SAS

Premier Investissement SAS is a family holding company closely linked to the history and control structure of Bassac, a well-known real estate developer operating in France, Spain, and Germany. In Bassac’s governance framework, it plays the role of reference shareholder and representation vehicle. The company served on Bassac’s Supervisory Board from May 24, 2013 to May 15, 2020, and then became a member of the Board of Directors following the governance change effective May 15, 2020. It is represented in Bassac’s board by Marie Mitterrand. On the ownership side, Premier Investissement SAS holds a meaningful stake in Bassac and is part of the family concert alongside Magellan and other Mitterrand-related interests. Bassac’s financial disclosures show the company’s significant role in the shareholder base and in preserving the group’s long-term control stability. A cash pooling agreement signed between Bassac and Premier Investissement in 2021 also highlights how closely integrated the holding is within the group’s financial organization. In practice, Premier Investissement is less an operating business than a strategic family holding, responsible for shareholding structure, governance continuity, and long-term support for the group’s management. Its influence is reflected in the continuity of control, the backing of strategic decisions, and its role in supervising the development of a listed company with a strong family identity. Available information also shows that Bassac changed its governance model in 2020, moving from a supervisory board to a board of directors, which strengthened Premier Investissement’s involvement in oversight and strategic direction.