par LOUIS HACHETTE GROUP (EPA:LHG)
DESCRIPTION OF THE LOUIS HACHETTE GROUP SHARE BUYBACK PROGRAM 2026-2027
PRESS RELEASE RELATING TO REGULATED INFORMATION
Paris, 7 May 2026
DESCRIPTION OF THE LOUIS HACHETTE GROUP
SHARE BUYBACK PROGRAM
2026-2027
Pursuant to Article 241-2 of the AMF General Regulations (Règlement Général de l’Autorité des marchés financiers) and Article 2 of the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, the purpose of this description is to present the Company’s share buyback program approved by the General Meeting of the Company on 5 May 2026.
1° - Objectives of the 2026-2027 share buyback program
- to reduce the share capital by cancelling all or some of the shares purchased;
- to award free shares to employees and officers of the Company and of entities or groups related to it within the meaning of articles L. 225-197-1 et seq. of the French Commercial Code;
- to tender shares upon the exercise of share options;
- to set up any company or group savings scheme (or similar plan) under the conditions provided for by law, notably articles L. 3332-1 et seq. of the French Labour Code (Code du travail), including by way of awarding the shares free of consideration as part of the employer's contribution and/or in replacement of the discount, in accordance with the applicable laws and regulations;
- to award or transfer shares to employees as part of a profit-sharing scheme;
- to award shares to employees and corporate officers of the Company and of entities or groups related to the Company for any other purpose permitted by the applicable laws and regulations;
- to remit shares upon the exercise of rights attached to securities giving access to the Company's share capital in any way whatsoever;
- to promote liquidity in the Company's shares under liquidity agreements that comply with a code of conduct recognised by the French financial markets authority and entered into with independent investment services providers;
- to hold the shares for subsequent exchange or payment as consideration for external growth transactions, a merger, demerger or asset contribution;
- and more generally, to carry out any transaction in accordance with applicable laws and regulations and, in particular, with market practices accepted by the French financial markets authority.
2° - Characteristics of the 2026-2027 share buyback program
Maximum amount allocated to the program: EUR 350,000000
Maximum percentage of the share capital, maximum number and characteristics of the shares which can be purchased:
10 % of the share capital, i.e., 99,199,649 shares based on the current share capital.
Considering the 363.474 shares held by the Company as of 5 May 2026, a maximum of 98,836,175 actions shares 9.96% of the share capital) could be purchased, assuming that the Company does not cancel or transfer any of these shares.
The shares may be purchased, sold or otherwise transferred in one or several transactions at any time – apart from during the blackout periods provided for in paragraphs b) and c) of article 4.1 of the EU Commission Delegated Regulation 2016/1052 or during a public tender offer for the Company's shares – on or off-market or over the counter, by any means permitted under the applicable laws and regulations, including through block purchases or sales and the use of derivatives.
Maximum unit purchase price: EUR 3.50 (the Board of Directors, the latter having the power to sub-delegate under the conditions provided by law, having full powers to adjust this amount to take into account the impact on the share price of any corporate actions)
3° - Term of the share buyback program
18 months as of the General Meeting of 5 May 2026, i.e., until 5 November 2027.
The present publication is available on the website of the Company (www.louishachettegroup.com) in the section Shareholders and investors/Regulated Information.
Louis Hachette Group
French joint-stock company with a share capital of €198,399,298.80
Divided into 991,996,494 shares of €0.20 per value each
Registered office: 4, rue de Presbourg 75116 Paris (75) - France
Telephone: +33 (0)1 40 69 16 00
Registered with the Paris Trade and Companies Registry under number 808 946 305
Website: www.louishachettegroup.com