Dassault Systèmes (DSY) Investor update summary

Governance transition and leadership changes

• Pascal Daloz is appointed Chairman and CEO, succeeding Bernard Charlès, with unanimous board support and a focus on continuity, effective February 21, 2026.

• Bernard Charlès steps down from his roles for personal reasons after 43 years of leadership and innovation, but will remain actively engaged as a product and technology advisor, maintaining some client relationships and supporting the company.

• Succession planning was reviewed annually, ensuring a smooth and swift transition.

• The board structure remains robust, with 50% independent directors and all key committees fully independent.

• Charles Edelstenne, Founder and Honorary Chairman, expresses confidence in the new leadership.

Strategic vision and operational focus

• The company is committed to leading the Industrial AI transformation with its 3D UNIV+RSES platform and the 7th generation of AI-based industry solutions.

• The new strategy centers on redeploying product offerings, aligning go-to-market efforts, and redesigning the business model for AI-driven solutions.

• Plans include launching 60 new companions and 440 new Generative Experiences this year to serve targeted industries.

• Capital allocation will support external acquisitions to accelerate development.

• The transition is positioned as both continuity and acceleration, building on a legacy while entering a new phase.

Management and organizational adjustments

• Recent management changes include new leadership for Centric and Medidata, with external hires to strengthen go-to-market and transformation efforts.

• An executive from AWS was brought in to lead Medidata's go-to-market, and a McKinsey hire will drive global transformation.

• The executive team is being reinforced to diversify skills and accelerate indirect channel transformation.

• The company is structured to maintain strong customer relationships even as leadership evolves.

• Governance ensures alignment and focus, with a clear purpose to turn ambition into reality for customers and shareholders.