SIPEF

Transaction in Own Shares • Dec 24, 2021

24 December 2021 - before 9 am

Transactions on SIPEF-shares

Notification of transactions regarding SIPEF shares from 17 December 2021 to 23 December 2021. 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 17 December 2021 to 23 December 2021: 5 765 SIPEF shares:

Date	Number of shares	Total amount (EUR)	Price (EUR)	Highest price (EUR)	Lowest price (EUR)	Trading method
17-12-2021	1 200	68 265.60	56.89	57.20	56.50	Euronext
20-12-2021	1 400	79 390.00	56.71	57.10	56.20	Euronext
21-12-2021	1 400	79 200.00	56.57	56.70	56.50	Euronext
22-12-2021	830	46 956.00	56.57	57.20	56.40	Euronext
23-12-2021	935	53 946.00	57.70	58.00	57.50	Euronext
Total	5 765	327 757.60	56.85	58.00	56.20

On 23 December 2021, SIPEF holds 178 000 SIPEF shares representing 1.6825% 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, 24 December 2021

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.