Inclusio SA

Transaction in Own Shares • Oct 27, 2025

Press Release

Brussel, 27 October 2025, 09:30 CET Regulated Information

Update on the Liquidity Agreement

In relation to the liquidity agreement signed with Kepler Cheuvreux, Inclusio announces today that Kepler Cheuvreux on behalf of Inclusio has bought 718 shares during the period from 20 Octobre 2025 to 24 October 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Inclusio has sold 686 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period mentioned above.

Purchase of shares

Date	Number of shares	Average price (€)	Highest price (€)	Lowest price (€)	Amount (€)
20-Oct-25	48	17,75	17,75	17,75	852,00
21-Oct-25	252	17,60	17,60	17,60	4.435,20
22-Oct-25	100	17,65	17,65	17,65	1.765,00
23-Oct-25	151	17,63	17,70	17,60	2.662,13
24-Oct-25	167	17,69	17,80	17,60	2.954,23
Total	718	17,64	17,80	17,60	12.668,56

Sale of shares

Date	Number of shares	Average price (€)	Highest price (€)	Lowest price (€)	Amount (€)
20-Oct-25	99	17,80	17,80	17,80	1.762,20
21-Oct-25	200	17,96	18,10	17,85	3.592,00
22-Oct-25	119	17,82	17,90	17,80	2.120,58
23-Oct-25	1	17,70	17,70	17,70	17,70
24-Oct-25	267	17,83	18,00	17,70	4.760,61
Total	686	17,86	18,10	17,70	12.253,09

The total balance held by Inclusio under the liquidity agreement is 13.566 shares.

Lionel VAN RILLAER, CEO Jean-Luc COLSON, CFO

T : +32 2 675.78.82 T : +32 2 675.78.82

lionel.vanrillaer@inclusio.be Jean-luc.colson@inclusio.be

www.inclusio.be

Avenue Herrmann-Debroux 40, 1160 Bruxelles - BE 0840.020.295