Tronic's Microsystems appoints an independent expert for its public withdrawal offer

On July 10, 2025, the Supervisory Board of Tronic's Microsystems proposed to appoint BM&A, represented by Pierre Béal, as an independent expert. This decision comes as part of the proposed public buyout offer followed by a mandatory squeeze-out, initiated by TDK Electronics AG, Tronic's largest shareholder, in collaboration with Thales AVS France. The expert appraisal aims to assess the financial conditions of the offer and provide a fairness opinion.

In accordance with AMF regulations, the appointment was submitted for approval. On July 23, 2025, the AMF validated this appointment. Tronic's Supervisory Board will issue an opinion upon receipt of the expert report, which will be attached to the company's response memorandum.