SIPEF

Transaction in Own Shares • Dec 31, 2022

31 December 2022

Transactions on SIPEF-shares

Notification of transactions regarding SIPEF shares from 23 December 2022 to 29 December 2022. 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 23 December 2022 to 29 December 2022: 641 SIPEF shares:

Date	Number of Shares	Total amount (EUR)	Price (EUR)	Highest price (EUR)	Lowest price (EUR)	Trading method
23-12-2022	469	26 779.90	57.10	57.10	57.10	Euronext
27-12-2022	172	9 976.00	58.00	58.00	58.00	Euronext
Total	641	36 755.90	57.34	58.00	57.10

On 29 December 2022, SIPEF holds 178.933 SIPEF shares representing 1.6913% 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, 31 December 2022

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.