THERMADOR GROUPE: SHARE BUY-BACK SCHEME COMPLETED

Saint-Quentin-Fallavier – August 28, 2024 – Thermador Groupe has completed its share buy-back scheme. The operation, managed by CIC Market Solutions, was initially announced on June 28th.

Between July 3 and August 13, 2024, 30,000 shares were purchased on the market. The shares were acquired at a weighted average price of €77.7942 each.

This buy-back scheme was in line with Resolution 15, which was adopted on April 2, 2024, with 99.95% of votes in favor. The resolution authorizes the company to buy back its own shares, with a maximum purchase price of €113 per share, excluding acquisition costs. The total number of shares acquired cannot exceed 3% of the company's share capital.

The shares may be used for various purposes, including encouraging market trading, fulfilling obligations from stock options programs, or for external growth transactions. The authorization for the share buy-back is valid for 18 months from the date of the General Meeting.