Renewal of the pact between the Le Lan family and Predica at ARGAN

On October 22, 2024, the Le Lan family and Predica, a subsidiary of Crédit Agricole Assurances, announced the renewal of their shareholders' agreement for a period of five years, taking effect on October 15, 2024. This new agreement replaces the one signed in 2019. However, the two parties will not form a concerted action group with respect to ARGAN.

A change in ARGAN's governance is planned, reducing the Supervisory Board from eight to six members. Composed of three representatives of the Le Lan family, two independent members, and a representative of Predica, this board will have to be validated at the General Meeting of 2025. The parties have agreed to review the agreement in October 2029.