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Lotus Bakeries NV

Transaction in Own Shares May 31, 2023

3972_dirs_2023-05-31_24b29eed-1066-44fc-aba5-8a44858501c4.pdf

Transaction in Own Shares

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ACQUISITION OF TREASURY SHARES

On 12 May 2023, the extraordinary general meeting of Lotus Bakeries NV has authorized the board of directors to acquire treasury shares for a period of 3 years. In accordance with this authorisation, Lotus Bakeries has during the period 24 May 2023 – 30 May 2023 acquired a total of 362 treasury shares on Euronext Brussels.

Publication in accordance with article 7:215 §1 of the Code on companies and associations and article 8:4 of the Royal Decree of 29 April 2019 implementing the Code on companies and associations.

The following shares have been acquired in the central order book:

Date of the
transaction
Number Average per
share (EUR)
Highest price
per share (EUR)
Lowest price
per share
(EUR)
Total amount
(EUR)
24 May 2023 87 5,850.00 5,850.00 5,850.00 508,950.00
25 May 2023 89 5,847.75 5,850.00 5,840.00 520,450.00
26 May 2023 91 5,844.18 5,850.00 5,830.00 531,820.00
29 May 2023 19 5,850.00 5,850.00 5,850.00 111,150.00
30 May 2023 76 5,848.68 5,850.00 5,840.00 444,500.00

Situation on 31 May 2023:

  • Total number of voting rights (= the denominator) : 1,254,923.00
  • Total number of treasury shares: 4,580 i.e. 0.56% 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®, nakd, 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.

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