BRIEF

on SOCIETE DES BAINS DE MER (EPA:BAIN)

General Meeting of Shareholders of the Société des Bains de Mer

Stock price chart of SOCIETE DES BAINS DE MER (EPA:BAIN) showing fluctuations.

On September 20, 2024, the shareholders of Société des Bains de Mer met at the Monte-Carlo Bay Hotel & Resort for their Ordinary General Meeting. All proposed resolutions were adopted, including the approval of the accounts for the 2023/2024 financial year and the setting of the dividend.

Consolidated revenues amounted to 704 million euros, an increase of 6%. Consolidated net income was 103.9 million euros, marking a significant increase compared to the previous year, excluding exceptional impacts.

The Meeting renewed the mandate of Mr. Christophe Navarre as Director and authorized the repurchase of shares in the Company, up to a limit of 5% of the share capital.

For the first quarter of 2024/2025, revenues reached €218.4 million, signaling a good summer performance and continued growth momentum, despite the random nature of gaming activities.

R. P.

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