Planned merger between Ina Invest Holding Ltd. and Ina Invest Ltd.

The board of directors of Ina Invest Holding Ltd. announced that it will propose at the annual general meeting of April 3, 2024 the merger of its subsidiary Ina Invest Ltd. with Ina Invest Holding Ltd., listed on the stock exchange. This operation aims to simplify the company structure in order to improve efficiency and reduce costs. Despite the merger, Ina Invest's business model will remain unchanged.

Following this transaction, Implenia Ltd. and public shareholders will directly own all shares of Ina Invest Holding Ltd. The distribution of shares will not be modified by this merger. Implenia previously owned 42.5% of Ina Invest Ltd. and will own approximately 40% of the shares of Ina Invest Holding Ltd. in the future.

Implenia will continue to hold a strategic stake and work closely with Ina Invest, contributing to the development of its real estate portfolio. This participation of approximately 40% does not oblige Implenia to launch a public takeover bid for the remaining shares. The statutes of Ina Invest Holding Ltd. will be adapted accordingly.