Kaufman & Broad SA

AGM Information • May 14, 2025

Press release

Communiqué de presse

Paris, 2025, May 14 th

ORDINARY AND EXTRAORDINARY SHAREHOLDERS' MEETING OF 2025, MAY 6TH

Number of shareholders present or represented at the Meeting: 322 Number of shares of shareholders present or represented at the Meeting 16,092,547 Number of votes of shareholders present or represented at the Meeting 21,928,191

General quorum reached 82.08%

N°			Votes cast	Exclusions For	Against	Not expressed
	Resolutions	Result	(Number and (Number and proportion proportion	(Number and proportion	(Number and proportion	(Number and proportion
			of votes	of votes	of votes	of votes	of votes
			expressed)	expressed)	expressed)	expressed)	expressed)

	ORDINARY DECISIONS
1.	Review and approval of the statutory financial statements for the fiscal year ended at November 30, 2024	Adopted	21,928,191 80.68%	0 0.00 %	21,813,196 99.79%	46,468 0.21%	68,527
2.	Appropriation of net income for the fiscal year ended at November 30, 2024	Adopted	21,928,191 81.02%	0 0.00%	21,728,101 99.09%	200,090 0.91%	0
3.	Review and approval of the consolidated financial statements for the fiscal year ended at November 30, 2024	Adopted	21,928,191	0	21,790,196	69,468	68,527
			80.68%	0.00%	99.68%	0.32 %
4.	Review and approval of agreements subject to Article L. 225-38 of the French Commercial Code	Adopted	21,928,191	0	21,828,523	99,668	0
			81.02%	0.00%	99.55%	0.45%
5.	Approval of the compensation policy for the Chairman and Chief Executive Officer	Adopted	21,706,919 80.37%	221,272 0.65%	20,944,555 96.50%	760,756 3.50%	1,608
6.	Approval of the compensation policy for non executive corporate officers	Adopted	21,917,827	10,364	21,749,656	168,171	0
			80.99%	0.03%	99.23%	0.77%

N°	Resolutions	Result	Votes cast (Number and proportion	Exclusions (Number and proportion	For (Number and proportion	Against (Number and proportion	Not expressed (Number and proportion
			of votes	of votes	of votes	of votes	of votes
			expressed)	expressed)	expressed)	expressed)	expressed)
7.	Approval of the payment of the fixed, variable and exceptional components of the total compensation and benefits of any kind paid during the year ended November 30, 2024 or allocated to the Company's Chairman and Chief Executive Officer for the relevant fiscal year	Adopted	21,706,919 78.94%	221,272 0.65%	20,495,702 95.68%	925,994 4.32%	285,223
8.	Approval of the information mentioned in Article L.22-10-9 -I of the French Commercial Code	Adopted	21,928,191 80.16%	0 0.00%	20,994,146 96.50%%	762,363 3.50%	171,682
9.	Ratification of the appointment of Ms. Isabelle BORDRY as Director	Adopted	21,928,191 81.02%	0 0.00%	21,868,018 99.73%	60,173 0.27%	0
10.	Acknowledgment of the expiry of the directorship of Ms. Isabelle BORDRY, reappointment of Ms. Isabelle BORDRY as Director for a three-years term	Adopted	21,928,191	0	21,880,286	47,905	0
11.	Ratification of the appointment of Mr. Michel SIRAT as Director	Adopted	81.02% 21,928,191 81.02%	0.00% 0 0.00%	99.78% 21,881,634 99.79%	0.22% 46,557 0.21%	0
12.	Acknowledgement of the expiry of the directorship of Mr. Michel PARIS, reappointment of Mr. Michel PARIS as Director for a three-years term	Adopted	21,928,191 81.02%	0 0.00%	21,790,008 99.37%	137,306 0.63%	877
13.	Acknowledgement of the expiry of the directorship of Mr. Jean Louis CHAUSSADE, non-reappointment as Director for a new three year period	Adopted	21,928,191 81.02%	0 0.00%	21,881,634 99.79%	46,557 0.21%	0
14.	Acknowledgement of the expiry of the directorship of Ms. Aline Stickel as Director representing employees' shareholders, reappointment of the directorship of Director representing employee shareholders for a three years term	Adopted	21,928,191 81.02%	0 0.00%	21,878,080 99.77%	50,111 0.23%	0

			Votes cast	Exclusions	For	Against	Not expressed
N°	Resolutions	Result	(Number and proportion	(Number and proportion	(Number and proportion	(Number and proportion	(Number and proportion
			of votes	of votes	of votes	of votes	of votes
			expressed)	expressed)	expressed)	expressed)	expressed)

			21,928,191	0	21,881,634	46,557	0
15.	Appointment of KPMG SA in charge of auditing sustainability information	Adopted	81.02%	0.00%	99.79%	0.21%
16.	Authority to be granted to the Board of Directors, for a period of 18	Adopted	21,928,191	0	14,046,366	90,191	7,791,634
	months, for the Company to buy back its treasury shares		57.82%	0.00%	99.36%	0.64%
30.	Powers to be granted to carry out	Adopted	21,928,191	0	21,868,018	60,173	0
	the formalities		81.02%	0.00%	99.73%	0.27%

	EXTRAORDINARY DECISIONS
17.	Authority to be granted to the Board of Directors, for a period of twenty-six months, to cancel shares held by the Company following	Adopted	21,928,191	0	14,066,922	90,191	7,771,078
	the buyback of its shares		57.92%	0.000%	99.36%	0.64%
18.	Delegation of authority to be granted to the Board of Directors, for a period of twenty-six months, to increase capital by	Adopted	21,928,191	0	14,096,940	60,173	7,771,078
	incorporating reserves or premiums		57.92%	0.00%	99.57%	0.43%
19.	Delegation of authority to be granted to the Board of Directors, for a period of twenty-six months, to issue common stock and/or equity securities convertible into	Adopted	21,928,191	0	21,387,748	540,443	0
	other equity securities or debt securities and/or securities convertible into equity securities to be issued, with preemptive rights for shareholders		81.02%	0.00%	97.54%	2.46%
	Delegation of authority to be granted to the Board of Directors, for a period of twenty-six months, to issue common stock and/or equity securities convertible into		21,928,191	0	21,751,721	176,470	0
20.	other equity securities or debt securities and/or securities convertible into equity securities to be issued by the Company, without preemptive rights for shareholders, with a mandatory period, via public offerings other than those referred to in 1° of Article L. 411-2 of the French Monetary and Financial Code	Adopted	81.02%	0.00%	99.20%	0.80%

N°	Resolutions	Result	Votes cast (Number and proportion of votes expressed)	Exclusions (Number and proportion of votes expressed)	For (Number and proportion of votes expressed)	Against (Number and proportion of votes expressed)	Not expressed (Number and proportion of votes expressed)
21.	Delegation of authority to be granted to the Board of Directors, for a period of twenty-six months, to issue common stock and/or equity securities convertible into	Adopted	21,928,191	0	21,608,045	320,146	0
	other equity securities or debt securities and/or securities convertible into equity securities to be issued by the Company, without preemptive rights for shareholders, with an optional period, via public offerings other than those referred to in 1° of Article L. 411-2 of the French Monetary and Financial Code		81.02%	0.00%	98.54%	1.46%
22.	Delegation of authority to be granted to the Board of Directors, for a period of twenty-six months, to issue common stock and/or equity securities convertible into	Adopted	21,928,191	0	21,058,546	869,645	0
	other equity securities or debt securities and/or securities convertible into equity securities to be issued by the Company, without preemptive rights for shareholders, via public offerings other than those referred to in 1° of Article L. 411-2 of the French Monetary and Financial Code		81.02%	0.00%	96.03%	3.97%
23.	Authorization to be granted to the Board of Directors, for twenty-six months, to increase the number of securities to be	Adopted	21,928,191	0	20,956,905	970,391	895
	issued in the event of a capital increase, with or without preemptive rights for shareholders		81.02%	0.00%	95.57%	4.43%
24.	Delegation of authority to be granted to the Board of Directors, for a period of twenty-six months, to issue shares or equity securities convertible into other	Adopted	21,928,191	0	21,781,700	146,491	0
	equity securities or debt securities in compensation for contributions in kind of equity securities or securities convertible into shares up to a maximum of 10% of the share capital		81.02%	0.00%	99.33%	0.67%
25.	Delegation of authority to be granted to the Board of Directors, for a period of twenty-six months, to issue shares and/or equity securities convertible into other	Adopted	21,928,191	0	21,863,708	64,483	0
	equity securities or debt securities in compensation for securities contributed to any public exchange offer initiated by the Company		81.02%	0.00%	99.71%	0.29%
26.	Delegation of authority to be granted to the Board of Directors, for a period of twenty-six months, to issue shares and/or securities convertible into equity securities	Adopted	21,928,191	0	21,766,731	161,460	0
	to be issued by the Company, without preemptive subscription rights for shareholders, to participants in the group's Company Savings Plan(s) up to a maximum amount of 3% of the share capital.		81.02%	0.00%	99.26%	0.74%

N°	Resolutions	Result	Votes cast	Exclusions	For	Against	Not expressed
			(Number and proportion	(Number and proportion	(Number and proportion	(Number and proportion	(Number and proportion
			of votes	of votes	of votes	of votes	of votes
			expressed)	expressed)	expressed)	expressed)	expressed)

27.	Authority to be granted to the Board of Directors, for a period of thirty‑eight months, to award bonus shares to be issued or already issued to employees and/or executive corporate officers of the Company and related entities	Adopted	21,928,191	0	20,862,696	894,819	170,676
			80.16%	0.000%	95.89%	4.11%
	Setting the general ceilings for delegations of authority at a nominal amount of (I) €2,065,000 for all capital increases by issuing shares or equity securities convertible into other equity securities or securities convertible into equity securities to be issued, (II) €1,032,000 for capital increases by issuing shares or equity securities convertible into other equity securities or securities convertible into equity securities to be issued without preemptive rights; and (III) €516,000 for capital increases without preemptive rights (without priority period) and (IV) €500,000,000, for issues of debt securities convertible into equity or debt securities; setting specific ceilings for capital increases that may result from the award of bonus shares		21,928,191	0	21,743,523	184,668	0
28.		Adopted	81.02%	0.000%	99.16%	0.84%
29.	Amendment of Article 12 of the bylaws of the Company	Adopted	21,928,191	0	21,867,030	60,284	877
			81.02%	0.000%	99.73%	0.27%

This press release is available at www.kaufmanbroad.fr

Contacts

Chief Financial Officer Bruno Coche - 01 41 43 44 73 / infos-invest@ketb.com Press relations Primatice : Thomas de Climens - 06 78 12 97 95 / thomasdeclimens@primatice.fr Kaufman & Broad : Emmeline Cacitti - 06 72 42 66 24 / ecacitti@ketb.com

About KAUFMAN & BROAD

As an urban developer and assembler, the Kaufman & Broad Group works alongside and at the service of local authorities and its customers. Through its various subsidiaries, the Group offers comprehensive expertise and 55 years of experience in the construction of residential buildings, single family homes, managed residences (students and seniors), shops, logistics platforms and office buildings.

The group's employees share the conviction that Build is acting! Acting for people by promoting health and living together, acting for the city by contributing to its attractiveness and development, and acting for the planet by reducing the carbon footprint of building construction and use every day.

All the operations developed by the group thus contribute positively to the ecological transition and innovate to create a more virtuous city.

For more information: www.kaufmanbroad.fr

The Kaufman & Broad Universal Registration Document was filed on 28 March 2025 with the AMF under number D.25-0194. It is available on the websites of the AMF (www.amf-france.org) and Kaufman & Broad (www.kaufmanbroad.frIt contains a detailed description of Kaufman & Broad's business, results and outlook as well as the associated risk factors. Kaufman & Broad draws attention in particular to the risks described in Chapter 4 of the Universal Registration Document. The occurrence of one or more of these risks may have a material adverse effect on the Kaufman & Broad Group's businesses, assets, financial position, results or outlook, as well as on the market price of Kaufman & Broad shares.

This press release does not constitute and cannot be considered to constitute a public offer, an offer to sell or an offer to subscribe as intended to request a purchase or subscription order in any country.