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PASSAT cancels shares and reduces its share capital

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PASSAT SA announced a reduction of its share capital through the cancellation of 283,195 treasury shares. This transaction is part of the company's share buyback program. The decision, authorized by the Board of Directors and the Combined General Meeting in June 2025, was implemented on December 3, 2025, by Robin BROSZIO, Chairman and CEO.

The cumulative nominal value of these cancelled shares amounts to €141,597.50, representing approximately 6.74% of the initial share capital. Following this cancellation, the share capital of PASSAT SA stands at €1,958,402.50, divided into 3,916,805 shares with a nominal value of €0.50 each.

The next financial communication regarding the 2025 annual results is scheduled for April 28, 2026, before the opening of the Stock Exchange.

R. H.

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