Share buyback

Authorization of the Extraordinary General Meeting of shareholders

The Extraordinary General Meeting of shareholders of December 8, 2023 gave the following authorization to the Board of Directors (article 8 of the articles of associations):

The Company may, without the prior authorisation of the General Meeting, acquire or pledge its own shares at a unit price which may not be less than one euro (EUR 1.00) and which may not be more than ten per cent (10%) higher than the highest price on the last twenty (20) trading days prior to the transaction. The Company must also comply with the price limits set out in Articles 7:215 et seq. of the Companies and Associations Code and Articles 8:2 et seq. of the Royal Decree implementing the Companies and Associations Code.

This authorisation extends to the acquisition or pledging of shares in the Company by one of its direct and, insofar as necessary, indirect subsidiaries, as well as by any person acting in his or her own name but on behalf of these companies.

The nominal value of the shares acquired, including those previously acquired by the Company and held in its portfolio and those acquired by a direct subsidiary within the meaning of Article 7:221 (1) of the Companies and Associations Code, may not exceed ten per cent (10%) of the subscribed capital.

This authorization is valid for five years from the date of publication of the notarial deed of 8 December 2023.

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