Safran - Update OCEANE 2028

                                                                          NOTICE

Update on the number of outstanding Safran convertible bonds early due 1 April 2025.

Paris, 13 March 2025

Safran updates the holders of its bonds convertible into new shares and/or exchangeable for new and/or existing shares initially due 1 April 2028 (ISIN FR0014003Z32) (the “2028 OCEANEs”) on the number of outstanding 2028 OCEANEs.

On 14 June 2021, Safran issued 4,035,601 2028 OCEANEs.

On 28 February 2025, Safran announced its decision to early redeem the 2028 OCEANEs at their par value on 1 April 2025. Pursuant to the terms and conditions of the 2028 OCEANEs (the “Terms and Conditions”), the holders of 2028 OCEANEs retain the ability to request the exercise of their conversion rights in accordance with the Terms and Conditions until 21 March 2025 (exclusive).

To date, the exercise of the conversion rights attached to 1,933,253 2028 OCEANEs has been requested.

To date, 2,102,348 2028 OCEANEs remain outstanding.

For more information, the holders of 2028 OCEANEs are invited to refer to:

-     the Terms and Conditions available on Safran's website (www.safran-group.com) in the section Finance – Regulated Information – Prospectus / Securities issues / Operations;

-     the early redemption notice published by Safran on 28 February 2025 and available on its website in the section News & Media – Press Releases.

IMPORTANT  

This notice and the information it contains do not constitute an offer to sell or a solicitation of a purchase offer of Safran securities, in or from any jurisdiction, to or from any person.

Safran is an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defense and space markets. Its core purpose is to contribute to a safer, more sustainable world, where air transport is more environmentally friendly, comfortable and accessible. Safran has a global presence, with 100,000 employees and sales of 27.3 billion euros in 2024, and holds, alone or in partnership, world or regional leadership positions in its core markets. Safran undertakes research and development programs to maintain the environmental priorities of its R&T and Innovation roadmap.

Safran is listed on the Euronext Paris stock exchange and is part of the CAC 40 and Euro Stoxx 50 indices. 

For more information: www.safran-group.com

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Press

Catherine Malek / catherine.malek@safrangroup.com / +33 1 40 60 80 28

Investor Relations 

Armelle Gary / armelle.gary@safrangroup.com / +33 1 40 60 82 46

Florent Defretin / florent.defretin@safrangroup.com / +33 1 40 60 27 30

Baptiste Delpierre / baptiste.delpierre@safrangroup.com / +33 1 40 60 27 26