B&S Group S.A.

M&A Activity • Jan 23, 2024

B&S closestransaction on 24.2% in Personal Care segment

Mensdorf, Luxembourg – January 23, 2024 (18:40 CET)

Today, we have closed the previously announced transaction on 24.2% in the Personal Care segment. The preliminary exercise price amounted to EUR 46.9 million, of which EUR 23,45 million (50%) was paid today at closing. The preliminary exercise price has, amongst others, been determined based on the draft Financials of Topbrands Europe BV for 2023. The Final exercise price will be determined on the audited Financials for 2023. The remaining balance will be paid on January 23rd , 2025. As per date B&S holds 95.00% of the shares in Topbrands Europe BV.

For additional information please contact: Investor relations: Simone van den Eertwegh E: investor.relations@bs-group-sa.com

About B&S

B&S (EURONEXT:BSGR) exists to make branded consumer goods available to everyone, anywhere. We believe that getting access to consumer products that bring joy and comfort into everyday lives, should be easy around the globe.

With our ever-growing international network and physical local presence, we bring suppliers, brand owners, logistics partners, wholesalers, retailers and consumers all over the world together that are in many ways difficult to connect.

We work with the world's premium consumer brands in beauty, liquors, personal care, food, health and travel retail to serve millions of consumers daily - either directly or through our wholesaler and reseller partners.

Powered by our logistical backbone, our digital solutions and our supply chain expertise, we provide sourcing, warehousing, distribution, digital commerce, marketing and brand development solutions that enhance choice, speed up delivery, drive conversion and increase reach.

Additional information can be found on our website and on LinkedIn.

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