Lotus Bakeries NV

Share Issue/Capital Change • Jan 18, 2024

Regulated information PRESS RELEASE 30 November 2023 – 5.45 PM

DISPOSAL OF TREASURY SHARES

Lotus Bakeries announces herewith that, on 21 November 2023, it has executed the following transaction to dispose of treasury shares after closing of the market (OTC transaction).

Publication in accordance with article 7:218 §1 of the Code on companies and associations and article 8:6 of the Royal Decree of 29 April 2019 implementing the Code on companies and associations.

Date and time of the transaction	Reason of the transaction	Number	Exercise price per share (EUR)
21 November 2023	Execution Options Plan 2019- 2023	25	2,351.58

Situation on 30 November 2023:

• Total capital : EUR 3,591,183.65
• Total number of voting securities : 816,013
• Total number of voting rights (= the denominator) : 1,254,867
• Total number of treasury shares: 4,313 i.e. 0.53% of the total shares outstanding (the voting rights related to these treasury shares have been suspended).

Lotus Bakeries in a nutshell

Lotus Bakeries, founded in 1932 in Lembeke (Belgium), operates worldwide in the indulgent and natural snacking segment with brands including Lotus, Lotus® Biscoff® , nākd® , TREK® , BEAR® , Kiddylicious® , Peter's Yard® , Dinosaurus® , Peijnenburg® and Annas® . Headquartered in Belgium, Lotus Bakeries is a dynamic and internationally oriented company with production facilities in Belgium, the Netherlands, France, Sweden, South Africa and the United States, and 21 of our own sales organisations in Europe, America and Asia. Lotus Bakeries also works with commercial partners in approximately 50 countries worldwide. Lotus Bakeries has around 2,700 employees and achieved a revenue of EUR 877,5 million in 2022. In 2022 the Group achieved a revenue of EUR 877,5 million. Lotus Bakeries hasreached a new milestone in 2023 of half a billion euro in sales at half-year. The shares of Lotus Bakeries are listed on Euronext Brussels. The majority of the shares are owned by the Boone and Stevens family.

For more information please contact:

Jan Boone - CEO

Tel. + 32 9 376 26 14

Further information about Lotus Bakeries can be found on www.lotusbakeries.com.