Lotus Bakeries NV

Transaction in Own Shares • Feb 22, 2023

DISPOSAL OF TREASURY SHARES

Lotus Bakeries announces herewith that, on 14 February 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 asticle 8:6 of the Royal Decree of 29 April 2019 implementing the Code on companies and associations.

Date and time of the	Reason of the		Number Exercise price pershare
transaction	transaction		(EUR)
14 February 2023	Execution Options Plan 2019-2023	20	2,351.58

Situation on 22 February 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: 5,052 i.e. 0.62% of the total shares outstanding (the voting rights related to these treasury shares have been suspended).

Lotus Bakeries in a nutshell

Lotus Bakeries began in the village of Lembeke in 1932 and is now active worldwide in the indulgent and natural snacking segment with the Lotus, Lotus® Biscoff®, nākd, TREK, Kiddylicious, Dinosaurus, Peijnenburg and Annas brands, among others. Lotus Bakeries, with headquarters in Belgium, is a dynamic, internationally oriented company with production facilities in Belgium, the Netherlands, France, South Africa and the US, and twenty-one own sales organisations in Europe, America and Asia. Lotus Bakeries also works with commercial partners in approximately fifty countries worldwide. Lotus Bakeries has around 2,400 employees. By maintaining a healthy balance between tradition the Lotus brand indulges consumers with a unique range of high-quality, tasty products. The secret of Lotus® Biscoff lies in the cookie's unique flayour, distinctive design and delightful crispiness. The unique caramelised cookie flayour has meanwhile also been incorporated into a spread, ice cream and chocolate. A wide range of cake specialties and waffles are furthermore offered under the Lotus brand name. Koninklijke Peijnenburg is the market leader for gingerbread in the Netherlands and Annas is a typical Swedish speciality of pepparkakor biscuits flavoured with ginger and cinnamon. Under the nakd, TREK and BEAR brands, Lotus Bakeries offers tasty snacks, manufactured from all-natural, unprocessed ingredients, with no added sugar. Kiddylicious focusses on healthy snacking for babies and pre-schoolers. In 2021 the Group achieved a turnover of EUR 750 million. 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 on Lotus Bakeries can be found on www.lotusbakeries.com