Lotus Bakeries NV

Transaction in Own Shares • Oct 12, 2023

PRESS RELEASE

DISPOSAL OF TREASURY SHARES

Lotus Bakeries announces herewith that, on 5 October 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 pershare (EUR)
5 October 2023	Execution Options Plan 2019-2023	37	2,351.58

Situation on 13 October 2023:

• Total capital : EUR 3,591,183.65 .
• Total number of voting securities : 816,013
• •
• Total number of treasury shares: 4,338 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® Biscoff®, nākd®, TREK®, BEAR®, Kiddylicious®, Peter's Yard®, Dinosaurus® and Anna®. Headquartered in Belgium, Lotus Bakeries is a dynamic and internationally 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 of EUR 877,5 million. Lotus Bakeries has reached a new milestone in 2023 of half a billion euro in sales at half-year. The shares 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.