Inclusio SA

Transaction in Own Shares • Jan 5, 2026

Brussel, 5 January 2026, 12:50 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 958 shares during the period from 22 December 2025 to 2 January 2026 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Inclusio has sold 193 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 (€)
22-Dec-25	170	17,60	17,70	17,55	2.992,00
23-Dec-25	61	17,63	17,70	17,60	1.075,43
24-Dec-25	1	17,85	17,85	17,85	17,85
29-Dec-25	155	17,76	17,80	17,60	2.752,80
30-Dec-25	101	17,80	17,85	17,80	1.797,80
31-Dec-25	200	17,73	17,80	17,60	3.546,00
2-Jan-26	270	17,67	17,80	17,40	4.770,90
Total	958	17,70	17,85	17,40	16.952,78

Sale of shares

Date	Number of shares	Average price (€)	Highest price (€)	Lowest price (€)	Amount (€)
22-Dec-25	91	17,73	17,80	17,60	1.613,43
23-Dec-25	80	17,72	17,80	17,65	1.417,60
24-Dec-25	1	17,85	17,85	17,85	17,85
29-Dec-25	20	17,90	17,90	17,90	358,00
30-Dec-25	1	17,85	17,85	17,85	17,85
31-Dec-25	0	0,00	0,00	0,00	0,00
2-Jan-26	0	0,00	0,00	0,00	0,00
Total	193	17,74	17,90	0,00	3.424,73

The total balance held by Inclusio under the liquidity agreement is 14.601 shares.

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

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

Lionel VAN RILLAER, CEO Jean-Luc COLSON, CFO

www.inclusio.be

Avenue Herrmann-Debroux 40, 1160 Bruxelles - BE 0840.020.295