Lotus Bakeries NV

Transaction in Own Shares • May 11, 2022

DISPOSAL OF TREASURY SHARES

Lotus Bakeries announces herewith that, during the period 29 April 2022 and 11 May 2022, 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 of the transaction	Reason of the transaction	Number	Exercise per share (EUR)
2 May 2022	Execution Option Plan 2017-2021	35	2,331.77
4 May 2022	Execution Option Plan 2021-2026	33	4,517.14
5 May 2022	Execution Option Plan 2017-2021	35	2,331.77
6 May 2022	Execution Option Plan 2017-2021	35	2,331.77
9 May 2022	Execution Option Plan 2017-2021	10	2,331.77
10 May 2022	Execution Option Plan 2017-2021	32	2,331.77

Situation on 11 May 2022:

• Total capital: EUR 3,591,183.65
• Total number of voting securities: 816,013
• Total number of voting rights (= the denominator): 1,237,923
• Total number of treasury shares: 5,311 i.e. 0.65 % 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®, Dinosaurus, Peijnenburg, Annas, Nakd, TREK, BEAR and Kiddylicious brands, among others. Lotus Bakeries, with headquarters in Belgium, is a dynamic, internationally oriented company with production facilities in Belgium, the Netherlands, France, Sweden, 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 and innovation, 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 flavour, distinctive design and delightful crispiness. The unique caramelised cookie flavour has meanwhile also been incorporated into a spread and ice cream. 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: thin, crunchy biscuits flavoured with ginger and cinnamon. Under the Nākd, 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, toddlers 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 families.

Regulated information
11/05/2022 - 5.45 PM

For more information please contact:

Jan Boone - CEO Tel. + 3293762614

Further information on Lotus Bakeries can be found on www.lotusbakeries.com