SIPEF

Transaction in Own Shares • Mar 1, 2023

1 March 2023

Transactions on SIPEF-shares

Notification of transactions regarding SIPEF shares from 20 February 2023 to 27 February 2023. Implementation of the authorisation of the Extraordinary General Meeting of 10 June 2020.

Buy backs

SIPEF has purchased the following own shares under the share buy-back program during the period of 20 February 2023 to 27 February 2023: 3 100 SIPEF shares:

Date	Number of Shares	Total amount (EUR)	Price (EUR)	Highest price (EUR)	Lowest price (EUR)	Trading method
20-02-2023	707	42 455.00	60.05	60.10	60.00	Euronext
21-02-2023	177	17 718.70	60.56	60.80	60.50	Euronext
22-02-2023	774	47 136.60	60.90	60.90	60.90	Euronext
23-02-2023	271	16 562.70	61.12	61.20	60.70	Euronext
24-02-2023	771	47 401.60	61.48	61.50	61.40	Euronext
27-02-2023	400	24 400.00	61.00	61.00	61.00	Euronext
Total	3 100	188 674.60

On 27 February 2023, SIPEF holds 182 033 SIPEF shares representing 1.7206% of the subscribed capital.

The overview relating to the share buy-back program is available on: https://www.sipef.com/hq/investors/shareholders-information/buy-back-own-shares

This information will be published on: https://www.sipef.com/hq/investors/press-releases/press-releases-buy-back-own-shares

Translation: this press release is available in Dutch and English. The Dutch version is the original; the other language version is a free translation. We have made every reasonable effort to avoid any discrepancies between the different language versions. However, should such discrepancies exist, the Dutch version will take precedence.

Schoten, 1 March 2023

For more information, please contact:

• * François Van Hoydonck, managing director (Mobile +32 478 92 92 82)
• * Johan Nelis, chief financial officer

Tel.: +32 3 641 97 00

investors@sipef.com www.sipef.com (section "investors")

SIPEF is a Belgian agro-industry group listed on Euronext Brussels and specialised in the – as sustainable certified - production of tropical agricultural commodities, primarily crude palm oil and palm products. These labour-intensive activities are consolidated in Indonesia, Papua New Guinea and Ivory Coast and are characterised by broad stakeholder involvement, which sustainably supports the long-term investments.