Groupe Gorgé SA — M&A Activity 2023

Dec 11, 2023

Press release Paris, 11 December 2023

New commercial success in Land Defense for a demining application

Exail Technologies announces that it has been won a new contract representing a few millions of euros for a land mine-clearance application for the French forces. With its expertise in remote drone operations and mine clearance, Exail has been selected to "dronize" a demining vehicle in order to make it remotely operable. This is the continuation of a program that the group has been working on for several years and which is accelerating in the current geopolitical context. The delivery of the various systems is expected to take place gradually until 2026.

This new contract illustrates the dynamic sales of Exail's products and equipment for Land Defense. Since September, the group has received new orders for navigation systems from the Advans range, dedicated to land defence. The order book for these applications has grown strongly in recent years, thanks to the combined effects of a strong market and gains in market share.

This new success demonstrates the company's ability to generate revenue at every stage of the value chain. The group is thus gaining momentum in applications related to those where Exail is recognized as a leader, by applying the same equipment and technologies to new markets.

About Exail Technologies

Exail Technologies is the new name of the Gorgé Group, adopted after the transformation of the group at the end of 2022, now focused on the activities of its subsidiary Exail. Exail Technologies is an industrial company specialized in high technologies in the field of autonomous robotics with a vertical integration of the professions. The group offers complex drone systems, navigation, as well as products for aerospace and photonics. Exail Technologies delivers performance, reliability and security to its civilian and military customers operating in harsh environments and generates revenues in nearly 80 countries.

Exail Technologies is listed on Euronext Paris Compartment B (EXA). www.exail-technologies.com

Contacts:

Investor Relations Hugo Soussan Tel. +33 (0)1 44 77 94 86 h.soussan@exail-technologies.com

Anne-Pauline Petureaux Tel. +33 (0)1 53 67 36 72 apetureaux@actus.fr

Media Relations Manon Clairet Phone +33 (0)1 53 67 36 73 mclairet@actus.fr