EXMAR NV

M&A Activity • Feb 12, 2025

12/02/2025 – 6:00 pm Regulated information Inside information

SAVEREX NV LAUNCHES ITS VOLUNTARY AND CONDITIONAL PUBLIC TAKEOVER OFFER FOR ALL OUTSTANDING SHARES IN EXMAR NV THAT ARE NOT YET OWNED BY IT

EXMAR NV ("EXMAR" or the "Company") (Euronext Brussels: EXM) hereby announces that today, Saverex NV ("Saverex" or the "Offeror") launched its previously announced voluntary and conditional public takeover offer for all shares of EXMAR not yet directly or indirectly owned by the Offeror or persons affiliated with it (the "Offer").

The initial acceptance period in respect of the Offer will open on 13 February 2025 and will expire on 13 March 2025 at 4:00 pm (CET). The offer price is EUR 11.50 per share.

The Board of Directors unanimously supports the Offer and recommends the shareholders to accept the Offer. The detailed advice of the Board of Directors of the Company regarding the Offer is included in the Response Memorandum.

The Prospectus and the Response Memorandum for the Offer were approved by the Financial Services and Markets Authority (FSMA) on 11 February 2025 and are electronically available on the following websites: www.saverextakeoverbid.com and www.kbc.be/exmar.

The approval by the FSMA of the Prospectus and the Response Memorandum does not constitute an assessment of the opportunity or the quality of the Offer, nor of the status of the Offeror.

About EXMAR

EXMAR is a Belgian provider of floating solutions for the operation, transportation and transformation of gas and has a fleet of more than 40 gas carriers and floating gas terminals. EXMAR creates economically viable and sustainable energy value chain solutions in long-term alliances with first class business partners. Being one of the world's largest independent transporters of ammonia and building upon the experience and knowledge gained from more than four decades of gas shipping.

More information can be found at www.exmar.com.

Contact: Hadrien Bown permanent representative of HAX BV, CFO – +32 3 247 50 74.

About Saverex

Saverex is the holding company of the family of Nicolas Saverys, which is active in the international shipping industry. The main activity and the main asset of Saverex is its shareholding in EXMAR.

Disclaimer

This notice is also published in Dutch. If ambiguities should arise from the different language versions, the Dutch version will prevail. This notice does not constitute an offer to purchase securities of Exmar nor a solicitation by anyone in any jurisdiction in respect thereof. The public takeover offer will only be made on the basis of the Prospectus approved by the FSMA. Neither this notice nor any other information in respect of the matters contained herein may be supplied in any jurisdiction where a registration, qualification or any other obligation is in force or would be with regard to the content hereof or thereof. Any failure to comply with these restrictions may constitute a violation of the financial laws and regulations in such jurisdictions. Saverex and its affiliates explicitly decline any liability for breach of these restrictions by any person.

Contact: Hadrien Bown permanent representative of HAX BV, CFO – +32 3 247 50 74.

www.exmar.be