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2CRSi

Report Publication Announcement Nov 15, 2023

1055_10-k_2023-11-15_8c17e324-70f0-4727-b8f9-d7c9cbf24f29.pdf

Report Publication Announcement

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Press Release

Availability of the annual financial report

High Performance Servers

Strasbourg (France), November 15th, 2023 - 2CRSi (ISIN code: FR0013341781), designer and manufacturer of high-performance energy-efficient IT solutions, announces the publication of its 2022/23 annual financial report.

2CRSi announces that, as of today, its definitive 2022/23 annual financial report (for the period March 1, 2022 to February 28, 2023), including the Auditors' report, is now available to the public on its website.

The Auditors have expressed a qualified opinion concerning the estimated financial impact of the sale of Boston Limited. In response to a request from the Financial Markets Authority, this press release includes the exact terms of this qualified opinion:

"Note 5.1.3 to the consolidated financial statements concerning post-balance sheet events states that your company sold the shares in Boston Ltd in June 2023. Contrary to the provisions of IAS 10, the notes do not mention the estimated financial impact on the Group's financial statements of this significant subsequent event."

The company points out that this qualified opinion results from the strict confidentiality obligations imposed by the buyer of Boston Limited.

Compared to the version communicated on October 27, 2023, the following changes have been made:

Amendment to the latest cash position (November 6).
Section B 5.6.1 Liquidity risk page 112
Inclusion of a note referring to it in the following paragraphs:
Section C.4 Cash flow statement
Section C 5.2 General principles, business continuity
Section C 5.7.3 Financial risk management and assessment
page 117
page 122
page 157
Section D 3.2 Accounting rules and methods page 172
Section A 2 MISSION, VISION, STRATEGY, AND OUTLOOK page 38
Modification of the paragraph on the outlook for 2023/24
Section B 2.2 LEGAL ORGANIZATION CHART page 59
Update of the legal organizational chart as of 30/06/2023

High Performance Servers

Section B 3 REPORT OF THE BOARD OF DIRECTORS ON CORPORATE GOVERNANCE

Various minor modifications:
B 3.2.5 Functions performed by the administrators page 81
B 3.2.10 Composition of the Board of Directors page 87
B 3.3.5 Equity ratios page 93
Section C 5.7.2 – RELATED PARTIES page 155
Clarification in the notes of the table

Section C 5.7.6 FEES OF THE STATUTORY AUDITORS page 158

Minor modification in the subtotal of the table

The final annual financial report is available on the company's website, under the investors section: https://investors.2crsi.com/en/annual-reports-registration-documents/.

With this definitive publication, the quotation of the 2CRSi stock will resume in the coming days, subject to Euronext's validation.

Next appointment: Annual General Meeting on November 30, 2023.

About 2CRSi

Founded in Strasbourg, the 2CRSi group designs, produces and markets customized, eco-responsible highperformance IT servers. 2CRSi has been listed since June 2018 on the Euronext regulated market in Paris (ISIN Code: FR0013341781), and its shares were transferred to Euronext Growth in November 2022.

Pour plus d'informations : 2crsi.com

Contacts 2CRSi

2CRSi Philippe Steinmetz Group Chief Financial Officer [email protected] 03 68 41 10 70

Actifin Stéphane Ruiz Financial Communication [email protected] 01 80 18 26 33

Actifin

Michael Scholze Financial Press Relations [email protected] 01 56 88 11 14

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