Mandatory Withdrawal of Berkem Group Shares by Kenerzeo

On December 27, 2024, a press release was issued by Kenerzeo SAS regarding the mandatory withdrawal of Groupe Berkem shares, following a simplified public purchase offer. Kenerzeo SAS compensates shareholders in the amount of 3.10 euros per share.

Following the transaction, Kenerzeo SAS holds 97.22% of Groupe Berkem's capital, thus reaching the threshold required to trigger the mandatory squeeze-out. The remaining 494,484 shares of minority shareholders represent less than 10% of the capital, a condition required for this procedure.

The implementation date of the mandatory withdrawal is set for January 13, 2025. The remaining shares will be delisted from the Euronext Growth market on that date, with a trading suspension in progress.

The process complies with the rules of the Financial Markets Authority and includes compensation paid by Uptevia to known beneficiaries over a period of ten years.