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Elis

Capital/Financing Update Mar 24, 2023

1280_iss_2023-03-24_96f6c778-25a2-4901-a273-5f029acbfc12.pdf

Capital/Financing Update

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S&P Global Ratings reviews Elis outlook from "stable" to "positive" on "BB+" long-term rating

Saint-Cloud, 24 March 2023 – Elis, an international multi-service provider, offering textile, hygiene and facility services solutions, which is present in Europe and Latin America, today announces that S&P Global revised its outlook from "stable" to "positive" and confirmed its "BB+" long-term rating.

S&P Global Ratings notably stated: "[…] Elis entered 2023 on a stronger footing, thanks to contractual price increases and hedging of energy costs, which should support continued solid revenue growth and an improvement in operating margins."

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Nicolas Buron - Investor Relations Director - Phone: +33 1 75 49 98 30 - [email protected]

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