Dutreil Pact: Commitment to retain shares at STIF

On November 1, 2024, a Dutreil Pact was signed by José Burgos and JB PARTICIPATIONS concerning the shares of STIF, a specialist in explosion protection. The pact, subject to Article 787 B of the French General Tax Code, aims to retain 2,256,684 shares, or 44.383% of the capital and 56.065% of the voting rights. It is committed to a collective period of two years without renewal. José Burgos is involved as a manager and signatory representing a significant portion of the capital.

Founded in 1984, STIF is an industrial player in the design and marketing of explosion protection equipment. The group employs 233 people and has three factories in France and Asia, with expansion plans in the United States. In full expansion in the field of renewable energies, STIF aims for a leading role in this sector.