ATC Atotech Limited

Altice Announces Management Reorganization

Dexter Goei Named as Chief Executive Officer of Altice USA and President of Altice N.V.

Michel Combes Named as Chief Executive Officer of Altice N.V.

Patrick Drahi Forms Advisory Council to Set Strategic, Operational and Technological Agenda for Altice N.V.

June 20, 2016 - Altice N.V. (Euronext: ATC & ATCB) today announces the reorganization of its group management structure ahead of the closing of the acquisition of Cablevision by Altice USA.  The new group management structure is reflective of the global presence of Altice N.V. centered around Europe and the US and ensures critical senior leadership, entrepreneurial spirit and best-in-class management in both regions.  The new structure enables the Group to continue its dynamic development while increasing effective collaboration and leveraging the benefits of a global group.

Dexter Goei is appointed with immediate effect as Chairman and Chief Executive Officer of Altice USA.  He has stepped down as Chief Executive Officer of Altice N.V. in order to focus his leadership on the successful integration of Cablevision and Suddenlink within Altice and the further development of Altice USA as the dynamic growth platform in the Group. Dexter Goei will also replace Patrick Drahi as President of Altice N.V. and continue to lead Altice N.V.'s global  M&A related activities.

Michel Combes is appointed with immediate effect as Chief Executive Officer of Altice N.V. He will continue his day-to-day responsibilities for the Altice Group and have all operating affiliates, country CEOs and corporate functions report to him. Michel Combes will lead Altice's executive committee. In his new role, Michel Combes will continue to provide the critical leadership he has given since joining as Chief Operating Officer with a particular focus on operational excellence, service innovation and group collaboration. Michel Combes will also join the board of Altice N.V. as Director.

Patrick Drahi will step down from his position as President of Altice N.V. As founder and controlling shareholder of Altice, he will continue to set out the strategic, operational and technological agenda for the group. To this effect, Patrick Drahi will lead the newly formed Altice Group Advisory Council.

Patrick Drahi, founder and controlling shareholder of Altice, said: "I am extremely excited about our US business which is accounting for approximately 40% of our group and offers huge development opportunities.  Dexter exemplifies the entrepreneurial and commercial spirit of Altice and will provide the same vital leadership to our US business he displayed when building the Altice Group in the last 8 years with me.  Since joining us last year, Michel has been instrumental in structuring and harmonizing our operations and strengthening our management teams across the board. I am very pleased to work with him in his new role as the Altice Group embarks on its next phase of development. I look with full confidence into the future: the Altice Group has never been in a stronger position."

Contacts

Head of Investor Relations

Nick Brown: +41 79 720 15 03 / nick.brown@altice.net

Head of Communications

Arthur Dreyfuss: +41 79 946 49 31 / arthur.dreyfuss@altice.net

About Altice

Founded by telecom entrepreneur, Patrick Drahi, Altice is a multinational cable, fiber, telecommunications, contents and media company with presence in four regions - Western Europe (comprising France, Belgium, Luxembourg, Portugal and Switzerland), the United States, Israel, and the Overseas Territories (currently comprising the French Caribbean, the Indian Ocean regions and the Dominican Republic). Altice provides very high speed based services (high quality pay television, fast broadband Internet and fixed line telephony) and, in certain countries, mobile telephony services to residential and corporate customers. Altice is also active in the media space with a portfolio of channels (News, Sports, Lifestyle...) as well as providing Premium content on nonlinear platforms; it also produces its own original content (Series, Movies.).

 Altice (ATC & ATCB) is listed on NYSE Euronext Amsterdam.

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