Lotus Bakeries NV

Remuneration Information • Jun 16, 2023

DISPOSAL OF TREASURY SHARES

Lotus Bakeries announces herewith that, on 9 June 2023, in accordance with the remuneration policy approved by the Ordinary General Meeting of 18 May 2021, a total of 46 shares were transferred to the directors of Lotus Bakeries. This is a transactions 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.

Situation on 16 June 2023:

• •
• Total number of voting securities : 816,013 .
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• · Total number of treasury shares: 4,631 i.e. 0.57% 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 with brands including Lotus® Biscoff®, nākd, TREK, BEAR, Kiddylicious, Peter's Yard, Dinosaurus, Peijnenburg and Annas. 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 own sales organisations in Europe, America and Asia. Lotus Bakeries also works with commercial partners in approximately fifty countries worldwide. Lotus Bakeries has around 2,700 employees and achieved a revenue of EUR 877,5 million in 2022. The shares of Lotus Bakeries are listed on Euronext Brussels. The majority of 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.