Description of the Share Repurchase Program by LDC

LDC, in accordance with Articles 241-2 of the AMF General Regulation and European Regulation No. 596/2014, has detailed the terms and objectives of its new share buyback program, authorized by the General Meeting of August 22, 2024.

As of July 31, 2024, LDC holds 324,743 shares, or 1.84% of its capital. These shares are divided between price animation (4,047 shares) and coverage of employee share ownership plans (320,696 shares).

This program authorizes the repurchase of up to 5% of LDC's capital, with a maximum purchase price of 200 euros per share, for a total amount of 176,354,200 euros. Repurchases may be carried out by any means, including through public offers.

The objectives of this program include market animation, merger or external growth operations, coverage of stock option plans and the potential cancellation of repurchased shares.

The program will run for 18 months, until February 21, 2026.