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Van de Velde NV

Transaction in Own Shares Jul 28, 2023

4020_dirs_2023-07-28_b8fd8931-8784-4db2-9e5d-96843783ce9b.pdf

Transaction in Own Shares

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28.07.2023-18h00 Regulated information

Acquisition of treasury shares

In order to reduce the excess cash of the company the Board of Directors of Van de Velde NV proceeded with the purchase of shares on the market of Euronext Brussels. The following treasury shares have been acquired during the period of 19 July 2023 until and including 27 July 2023:

Transaction Date Number of shares Average price
(€/share)
Minimum price
(€/share)
Maximum price
(€/share)
19/07/2023 244 33,34 33,20 33,35
20/07/2023 58 33,42 33,35 33,45
21/07/2023 178 33,55 33,55 33,55
24/07/2023 361 33,65 33,65 33,65
25/07/2023 353 33,49 33,40 33,55
26/07/2023 348 33,65 33,65 33,65
27/07/2023 337 33,60 33,60 33,60

Total number of shares = 1.879. Average price = 33,55 €/share. Total amount = 63.048,75 €.

The authorization to acquire own shares was granted to the Board of Directors on 27 April 2022 during the extraordinary meeting of shareholder.

On 27 July 2023, 471.899 own shares are held by Van de Velde NV, including the 11,000 shares that were already purchased in the context of a stock option plan. This represents 3,5 per cent of the total number of shares of Van de Velde NV.

Van de Velde creates fashionable lingerie of superior quality with its premium, complementary brands PrimaDonna, Marie Jo and Andres Sarda. We believe in 'Shaping the bodies and minds of women': we want to make a difference in women's lives with our beautiful and perfectly fitting lingerie, by lifting their self-confidence and self-image. For us, an impeccable in-store service is key, an approach which we have consolidated in our Lingerie Styling Concept.

We work in close partnership with 3,600 independent lingerie boutiques worldwide. In addition, we have our own retail network with retail brands Rigby & Peller and Lincherie. Our geographical center of gravity is Europe and North America. Van de Velde employs almost 1,500 employees and is listed on Euronext Brussels.

CONTACTS For more information, contact:

Van de Velde NV - Lageweg 4 - 9260 Schellebelle - +32 (0)9 365 21 00 - www.vandevelde.eu

Karel Verlinde CommV always represented by Karel Verlinde Chief Executive Officer

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