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Groupe SFPI

M&A Activity Feb 1, 2024

1388_iss_2024-02-01_0f114dd9-0d1f-4dd3-8bbe-85d3b7d53db6.pdf

M&A Activity

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Press release

Paris, February 1st, 2024

ACQUISITION OF SPRING MANAGEMENT'S STAKE IN GROUPE SFPI

BY THREE SHAREHOLDERS

In accordance with the announcement made in a press release dated December 21, 2023, SFPI Group was informed today by its shareholders, ARC Management1 , Crédit Mutuel Equity and BNP Paribas Développement, of the final completion of the off-market acquisition from Spring Management of all its SFPI Group shares, representing 11.34% of the capital and 13.19% of the voting rights2 of SFPI Group, at a price of 2.50 euros per share.

ARC Management, Crédit Mutuel Equity and BNP Paribas Développement acquired today respectively 6.65%, 2.66% and 2.03% of the share capital from Spring Management. As a result of these acquisitions (i) Mr. Henri Morel now holds, directly and indirectly through ARC Management which he controls, 57.52% of the capital and 67.52% of the theoretical voting rights of SFPI Group, and (ii) Crédit Mutuel Equity and BNP Paribas Développement hold 10.00% and 4.00% of the capital and 10.80% and 3.72% of the theoretical voting rights of SFPI Group3 .

ARC Management, Crédit Mutuel Equity and BNP Paribas Développement do not act in concert and remain free to manage their respective interests.

Spring Management has resigned as a director of Groupe SFPI, effective February 2, 2024. SFPI Group would like to thank Spring Management for its commitment and the work accomplished over many years, which have contributed to the Group's development and made it a solid industrial player, with a European vocation and at the heart of today's challenges: protection of people, property and the environment.

***

Press contact Mrs Sophie MOREL T. +33 (0)1 46 22 09 00 M. [email protected]

À propos de SFPI Group

1 Arc Management SAS is controlled and managed by Mr. Henri Morel (Chairman and Chief Executive Officer of Groupe SFPI), who holds 50.87% of the share capital and 59.19% of the theoretical voting rights at the present date, before the acquisition of Spring Management's stake, directly and indirectly through Arc Management, which he controls.

2 On the basis of a share capital comprising 99,317,902 shares and 170,709,285 theoretical voting rights at December 7, 2023, pursuant to paragraph 2 of article 223-11 of the General Regulations of the Autorité des Marchés Financiers.

3 After loss of the 11,259,136 double voting rights attached to the 11,259,136 shares sold by Spring Management.

Born in France in 1985, SFPI Group (Safety for People and Industry) is a collective of companies specialized in the protection industry, federated into 4 autonomous, innovative and digitalized operating divisions: DOM Security, MAC, MMD and NEU-JKF.

By 2022, SFPI Group will have sales of almost 630 million euros and a workforce of over 4,200, and will be active in the fields of building security and comfort, air treatment and energy management, for both industrial and private customers. Industrial, responsible and European with a global vocation, SFPI Group is successfully pursuing its international expansion.

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