BRÈVE

sur SOLOCAL (EPA:LOCAL)

Availability of Additional Documents for Solocal's Combined General Meeting on 19 June 2024

Solocal Group announces the availability of additional documents related to the Combined General Meeting of shareholders scheduled for 19 June 2024. This meeting, which will be held in Boulogne-Billancourt, will address various transactions essential for the company's financial restructuring.

The key documents include an exemption document regarding the contribution in kind of Regicom shares, an amendment to Solocal's Universal Registration Documents, and a report by Ledouble, an independent expert. Ledouble's report concludes that the issue of new shares is fair to existing shareholders, noting that the restructuring will reduce the company's debt and is essential for continued operations.

The combination with Regicom aims for consolidated revenue of €500 million and a 25% EBITDA margin by 2027. This ambition involves significant investment and assumes revenue growth following a stabilization period in 2025.

Investors are advised to review all relevant documents for comprehensive details on Solocal's financial restructuring and the proposed Solocal-Regicom combination.

R. H.

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