BRIEF

on GROUPE PAROT (EPA:ALPAR)

PAROT GROUP: Parot OPAS compliance notice

Stock price chart of GROUPE PAROT (EPA:ALPAR) showing fluctuations.

At a meeting held on September 24, 2024, the Financial Markets Authority (AMF) approved the proposed simplified public purchase offer (OPAS) for the shares of GROUPE PAROT. This operation is being conducted by NDK, acting on behalf of Crédit Agricole du Languedoc.

NDK acquired a majority block of 4,984,436 GROUPE PAROT shares on April 30, 2024, representing 77.67% of the capital and 77.64% of the voting rights, at a unit price of €8.83. Consequently, a public tender offer is mandatory.

NDK proposes to acquire the remaining shares, i.e. a maximum of 791,206 shares, at the same unit price. This offer excludes the 641,737 treasury shares held by GROUPE PAROT. If the conditions are met, NDK envisages a mandatory withdrawal of the shares not tendered at the end of the offer.

The conformity of the offer was validated by the AMF, following the analyses of the independent expert and the reasoned opinion of the board of directors of GROUPE PAROT.

R. H.

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