REGULATED PRESS RELEASE

from TERACT (EPA:TRACT)

Results of the public buy-out offer and implementation of the subsequent squeeze-out of TERACT shares

Results of the public buy-out offer and implementation of the subsequent squeeze-out of TERACT shares

Paris, May 18, 2026,

The Autorité des Marchés Financiers (AMF) announced today the results of the public buy-out offer filed by InVivo Group, acting in concert with the Founders' Companies1, of TERACT shares and BSAR B (the “Offer”), further to the closing of the Offer on May 13, 2026.

Following the Offer period, InVivo Group holds in concert with the Founders' Companies:

  • 69,701,9072 TERACT shares and 69,569,501 voting rights, representing 99.62% of the Company’s share capital and 99.43% of the theoretical voting rights3, and
  • 718,263 BSAR A and 22,196,854 BSAR B of TERACT.
  • The conversion in shares of the BSAR thus held, combined with the shares held by the concert represent in total, on a diluted basis4, 97.23%5 of the capital and 97.06% of the theoretical voting rights of the Company.

The results notice published by the AMF is available on the AMF website (www.amf-france.org).

The payment-delivery of the semi-centralized Offer is scheduled for May 21, 2026.

The conditions for implementing the squeeze-out on TERACT shares and BSAR B being met, and in accordance with the intentions set forward in the “Note d’information”, InVivo Group will request the AMF to initiate this procedure on the remaining TERACT shares and BSAR B at their respective offer prices, meaning: €3.12 per share and €0.0039 per BSAR B, net of any fees.

The AMF will soon publish a notice regarding the the squeeze-out implementation.

The listing of TERACT shares and BSAR B was suspended on May 18, 2026 pending the squeeze-out implementation.

All the documentation related to the Offer is available on TERACT’s website (https://teract.com/en/public-buy-out-offer) and on AMF’s website (www.amf-france.org).

About TERACT:

Since 29 July 2022. TERACT has combined the distribution activities of InVivo Group (formerly InVivo Retail) and those of the former SPAC 2MX Organic. TERACT is a major responsible distribution player in the garden centre, pet retail and food distribution growth markets. Our ambition is to create a unique network of brands combining tradition and modernity, agricultural know-how and innovation and in-store and digital experiences. TERACT meets the demand for a new generation of consumption which is synonymous with quality, sustainability and traceability. TERACT groups together Garden Centre/Pet Retail brands Jardiland: Gamm vert, Delbard and Jardineries du Terroir, as well as Food Retail brands such as Boulangerie Louise, Grand Marché La Marnière and Frais d'Ici.

TERACT's majority shareholder is InVivo, one of the leading agricultural and agri-food groups in Europe. TERACT is listed on the professional compartment of Euronext Paris (ticker code: TRACT. ISIN: FR001400BMH7). More information on www.teract.com.

CONTACTS:

Investors: investors@teract.com
Media: media@teract.com

Notes

  1. Combat Holding (controlled by Matthieu Pigasse), NJJ Capital (controlled by the Xavier Niel family group), Imanes and Palizer Investment (both controlled by Moez-Alexandre Zouari) companies.
  2. Including the assimilation of the 136,406 treasury shares.
  3. Based on a capital composed of 69,971,017 shares representing the same number of voting rights, in accordance with the 2nd paragraph of article 223-11 of the general regulations of the AMF.
  4. The dilution corresponds to the 69,971,017 existing shares, to which are added the 7,679,386 shares which could be created as a result of the exercise of all the existing BSAR A and BSAR B.
  5. Including the 136,406 treasury shares held by TERACT and the 65,488 free shares subject to liquidity mechanisms which will be treated as shares held by the Initiator due to the implementation of the squeeze-out, in accordance with Article L. 233-9 I, 4° of the Commercial Code.
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