PRESS RELEASE
Paris, July 9, 2025




Museum Studio completes the acquisition of majority stake
in Lord Cultural Resources

• Majority stake acquired in Lord Cultural Resources
Museum Studio has finalized its acquisition of a 51% majority stake in Lord Cultural Resources,
strengthening its position as a world leader in the development and enhancement of cultural
assets
• Strengthened international expertise
Lord Cultural Resources, a global reference in cultural master planning with 5 offices worldwide
and over 2,900 projects completed across 5 continents, supports its clients in the design of
integrated cultural destinations, thanks to a unique strategic and functional approach
• A unique global cultural service provider
This acquisition of a majority stake consolidates Museum Studio's position as a unique global
cultural service provider, able to cover the entire value chain from conception to completion, with
a high level of expertise and excellence.


Michaël Fribourg, Chairman and Chief Executive Officer of Compagnie Chargeurs Invest, stated:
“Museum Studio is one of the great success stories in our strategy of creating global champions. The
acquisition of a majority stake in Lord Cultural Resources further enhances this success by expanding
Museum Studio's international footprint and scope of activity. It is a perfect illustration of our ambition to
scale up our high value-added assets with a targeted, structuring approach that creates sustainable
value.”

Acquisition of a majority stake in Lord Cultural Resources

Museum Studio has finalized the acquisition of a 51% majority stake in Lord Cultural Resources. This key step
confirms Museum Studio's ambition to structure the most comprehensive and integrated cultural offering
in the world.

Museum Studio and Lord Cultural Resources now combine their expertise, networks and reach to support
cultural institutions, both public and private, throughout the lifecycle of a cultural project, from strategic
planning to operational delivery.


A shared vision and an unrivalled international footprint

For over 40 years, Lord Cultural Resources has set the standard in cultural master planning. Founded in 1981
by Gail and Barry Lord, the company was built on a strong conviction: culture has the power to transform
societies and make the world a better place.

With over 2,900 projects in 57 countries, Lord has helped shape major cultural institutions, supporting
museums, communities, governments, foundations and companies in the expression of their cultural
ambitions.

1
Financial Communications // +33 (0)1 47 04 13 40 // comfin@chargeurs.com
www.chargeurs.com
PRESS RELEASE
Paris, July 9, 2025




With this transaction, Museum Studio further expands its global footprint. The integration of Lord's teams
and offices in Toronto, New York, Mumbai, Beijing and Madrid enables Museum Studio to consolidate its
geographical presence on the five continents. This strategic network strengthens its proximity to local
players, while providing the business line with a global intervention capability.

By combining the expertise of Lord and Museum Studio, this partnership creates a unique platform for
cultural services. It enables Museum Studio to meet the expectations of players in the sector with complete
coverage of the value chain, from the emergence of a vision to the concrete realization of emblematic
projects.


A renewed ambition: to amplify the impact of culture on a global scale

Museum Studio and Lord Cultural Resources share a clear ambition: to place culture at the heart of social,
economic and environmental contemporary transformations.

Through this transaction, Museum Studio reaffirms its commitment to being a benchmark partner for
cultural institutions worldwide, capable of supporting the vision, strategy and implementation of high-
impact cultural projects.




2025 Financial calendar

Wednesday, September 10, 2025 (before market opens) 2025 First-half results
Wednesday, November 5, 2025 (before market opens) 9M and Q3 2025 revenue

ABOUT COMPAGNIE CHARGEURS INVEST
Compagnie Chargeurs Invest is a mixed industrial and financial company with a role as an operator and developer of global
champions in industry and services, and as an investor with a culture of active portfolio management of high value-added
businesses. Active in nearly 100 countries with around 2,600 employees, Compagnie Chargeurs Invest relies on the long-term
commitment of Groupe Familial Fribourg, a committed controlling shareholder, and on its portfolio of assets, to meet the major
challenges of its markets. Compagnie Chargeurs Invest achieved revenues of €729.6 million in 2024.

The share is listed on Euronext Paris and is PEA-PME eligible.
ISIN Code: FR0000130692, Bloomberg Code: CRI:FP, Reuters Code: CRIP.PA




2
Financial Communications // +33 (0)1 47 04 13 40 // comfin@chargeurs.com
www.chargeurs.com