Lotus Bakeries NV

Transaction in Own Shares • Apr 11, 2023

Regulated information PRESS RELEASE ¹¹ April 2023 – 5.45 PM

DISPOSAL OF TREASURY SHARES

Lotus Bakeries announces herewith that, on 04 April 2023, 05 April 2023 and 06 April 2023, it has executed the following 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.

Date and time of the transaction	Reason of the transaction	Number	Exercise price per share (EUR)
04 April 2023	Execution Options Plan 2019-2023	27	2,351.58
05 April 2023	Execution Options Plan 2019-2023	3	2,351.58
06 April 2023	Execution Options Plan 2019-2023	80	2,351.58
06 April 2023	Execution Options Plan 2018-2022	50	2,373.00

Situation on 11 April 2023:

• Total capital : EUR 3,591,183.65
• Total number of voting securities : 816,013
• Total number of voting rights (= the denominator) : 1,254,923
• Total number of treasury shares: 4,764 i.e. 0.58% 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 Bakeriesis a dynamic and internationally oriented company 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 partnersin 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.