Lotus Bakeries NV

Transaction in Own Shares • Nov 14, 2019

Press release

Regulated information 14-11-2019 - 5.45 PM

DISCLOSURE OF BUYBACK OF TREASURY SHARES

On May 15th, 2018, the Extraordinary General Meeting of Lotus Bakeries NV has authorized the board of directors to repurchase shares in Lotus Bakeries NV for a period of 5 years.

In accordance with this authorisation, Lotus Bakeries NV has requested a financial intermediary to proceed with the buyback. This buyback has to be situated within the framework of the Lotus Bakeries share option plan.

On 7 November 2019, Lotus Bakeries NV acquired a total of 2,250 shares on NYSE Euronext Brussels.

Lotus Bakeries NV currently holds 9,681 treasury shares, i.e. 1.19% of the total shares outstanding.

Date of purchase	Number	Fixed price per share (EUR)	Total amount (EUR)
07/11/2019	2.250	2,500	5,625,000

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, Dinosaury, Peijnenburg, Annas, Näkd, 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 own sales organisations in Europe, America and Asia. Lotus Bakeries also works with commercial partners in approximately fifty countries worldwide. Lotus Bakeries has approximately 1,900 employees. By maintaining a healthy balance between tradition the Lotus brand indulges consumers with a unique range of high-quality. The secret of Lotus Biscoff lies in the biscuit's unique flavour, distinctive designand delightful crispiness. The unique caramelised biscuit 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 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 2018 the Group achieved a turnover of EUR 556 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