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Peugeot Invest communication

Peugeot Invest launches the sale of its stake in Groupe SEB

February 26, 2024

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Following an initial investment in 2004 and the sale of 1.0% of the share capital in July 2020, Peugeot Invest announces the launch of the disposal of the remainder of its stake in Groupe SEB, i.e. 2,223,674 shares, representing approximately 4.02% of the share capital at 31 December 2023, via an institutional private placement by way of an accelerated book-building process.

For the past twenty years, Peugeot Invest has been supporting the development of Groupe SEB, the world leader in small domestic equipment based on a strong portfolio of iconic brands and a strategy focused on innovation. This disposal is part of Peugeot Invest's portfolio rotation strategy.

Following this transaction, Peugeot Invest will no longer hold any Groupe SEB shares.

The book-building will start immediately, and the final terms of the placement will be announced after the closing of the accelerated book-building process. The settlement and delivery of the shares is expected to take place on 29 February 2024.

Groupe SEB shares are listed on the regulated market of Euronext in Paris (ISIN FR0000121709).

Goldman Sachs Bank Europe SE and Natixis are acting as Joint Bookrunners on the transaction.

This press release does not constitute an offer to purchase shares, and this sale of shares constitutes an offer reserved for qualified investors as provided for by article L.411-2-1° of the French Monetary and Financial Code.

Access to the information available in the following pages may be restricted in certain countries by applicable laws and regulations. Persons who are physically located in those jurisdictions and who would like to access the information available in the following pages must inform themselves about and observe such restrictions. Peugeot Invest assumes no responsibility if there is a violation of applicable law and regulations by any person.

With respect to each Member State of the European Economic Area (the “Relevant Member State”) which is subject to the provisions of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 (the “Prospectus Regulation”), this press release and the information contained herein is directed only at any legal entity which is a qualified investor as defined in the Prospectus Regulation. These restrictions with respect to any Relevant Member State apply in addition to any other restrictions which may be applicable in the Relevant Member State.

This press release and the information contained herein are not intended for, and may not be accessed by, or distributed or disseminated to, persons resident or physically present in the United States of America (including its territories, the "United States"), Canada, Japan or Australia, and do not constitute, and shall not be construed as, an offer to sell or a solicitation of an offer to purchase or acquire, directly or indirectly, any shares or other securities of Peugeot Invest in the United States, Canada, Japan or Australia or to, or for the account or benefit of, any person resident in the United States, Japan, Canada, Australia including any corporation or other entity organized under the laws of the United States, Japan, Canada or Australia.

I therefore certify that:

(1) I am a resident of and physically present in a Member State of the European Economic Area, and I am either (a) a qualified investor as defined in the Regulation (EU) 2017/1129, or (b) otherwise authorized to access this information pursuant to applicable laws or regulations.

AND

(2) I am not a resident of or physically present in the United States, Canada, Japan or Australia.

I have read and understand the foregoing, and hereby make the certifications above and agree to comply with all of the above restrictions.