Cogelec SA

Transaction in Own Shares • Nov 17, 2022

PRESS RELEASE

COGELEC ANNOUNCES THE LAUNCH OF A SHARE BUYBACK PROGRAMME

Mortagne-sur-Sèvre, France, 17 November 2022, COGELEC (ISIN: FR0013335742/Ticker: ALLEC), the French leader in access control in collective housing, announces the launch of a new share buyback programme totalling up to €5 million.

At its meeting of 16 November 2022, the Board of Directors of Cogelec decided to implement this new share buyback programme to cover future bonus share award plans.

COGELEC is launching this share buyback programme in accordance with the 7th resolution approved by the General Meeting of Shareholders of 23 June 2022, during which the Board of Directors obtained authorisation to implement a programme to buy back its own shares for 18 months starting from the General Meeting, totalling a number of shares representing up to 10% of its share capital, for a price per share not exceeding €23.50 and for a maximum amount of €5 million.

COGELEC has entrusted TC ICAP MidCap with the independent share buyback mandate.

Note that the previous share buyback programme launched in 2018 resulted in the buyback of 380,160 shares.

The description of the new share buyback programme is available on the Cogelec website.

Upcoming event: Q4 revenue: 9 February 2023, after market close

Contacts

Cogelec Véronique Pochet Chief Financial Officer +33 (0)2 72 67 00 91 investors@cogelec.fr

Actifin Ghislaine Gasparetto Financial Communication +33 (0)1 56 88 11 22 ggasparetto@actifin.fr

Actifin Jennifer Jullia Financial Press Relations +33 (0)1 56 88 11 19 jjullia@actifin.fr

COGELEC is the French leader in access control systems for building complexes. In 2007, COGELEC created the first global wireless interphone with subscription offer, under the Intratone brand.

Based on an indirect distribution model, combined with very close-knit relations with social

landlords and building complex management associations, COGELEC now operates in six countries in Europe and the Intratone brand has more than 1.7 million dwellings subscribed. COGELEC is listed on the Euronext Growth Paris, and is part of the Growth AllShare, Tech Croissance and PEA-PME 150 indices.

For more information: www.cogelec.fr