Lagardère S.A. — Capital/Financing Update 2021

Jan 8, 2021

LAGARDERE SCA

French partnership limited by shares with a capital of € 799,913,044.60 Registered office : 4 rue de Presbourg, in Paris 16ème (75) 320 366 446 R.C.S. on the Paris Trade and Companies Register

Paris, January 8, 2021

Half-year liquidity contract statement for LAGARDERE SCA

In accordance with the provisions of the French Financial Markets Authority's decision no. 2018-01 of July 2, 2018 establishing liquidity contracts as an accepted market practice (the "AMF Decision"), LAGARDERE SCA informs the public of the implementation of the liquidity contract entered into with KEPLER CHEUVREUX, for the second half of 2020:

• Resources available on December 31, 2020: 98,837 shares and € 10,273,944.20 in cash
• Number of executions on buy side on semester: 1,199
• Number of executions on sell side on semester: 1,665
• Traded volume on buy side on semester: 569,873 shares for € 9,856,609.82
• Traded volume on sell side on semester: 927,036 shares for € 16,418,426.43

As a reminder the implementation of the liquidity contract for the first half-year of 2020 was as follows:

• Resources available on June 30th, 2020: 456,000 shares and € 3,727,246.01 in cash
• Number of executions on buy side on semester: 1,356
• Number of executions on sell side on semester: 1,217
• Traded volume on buy side on semester: 901,751 shares for € 14,267,909.04
• Traded volume on sell side on semester: 775,751 shares for € 12,499,175.66

As of the date of the signature of the liquidity contract, on October 7, 2008, the resources available were 0 share and € 20,000,000 the amount allocated to the contract being then reduced to € 10,000,000 as from March 1, 2014.

LAGARDERE SCA and KEPLER CHEUVREUX signed on April 3, 2019 an amendment to the liquidity contract, applicable as from January 1, 2019, in order to reflect changes in and to comply with regulations and notably the AMF Decision.

On January 2, 2020, LAGARDERE SCA made an additional contribution of € 2,776,986 to the liquidity contract entrusted to KEPLER CHEUVREUX.

The aggregated data for each trading day of the second half of 2020 are as set out in appendix of this release.

Sell Side
Number of executions	Number of shares	Traded volume in EUR
1,665	927,036	16,418,426.43
8	5,917	75,737.60
5	3,000	39,240.00
7	2,000	26,100.00
1	1,000	13,550.00
9	4,000	53,000.00
10	3,000	40,860.00
-	-	-
5	5,000	68,850.00
6	7,000	97,580.00
5	15,000	210,300.00
1	1,000	14,050.00
5	3,000	42,210.00
3	1,940	27,839.00
8	4,060	58,870.00
-	-	-
-	-	-
5	2,000	28,180.00
-	-	-
-	-	-
62	24,000	314,640.00
92	23,140	305,679.40
162	32,500	443,625.00
51	10,000	138,500.00
58	11,958	164,781.24
52	16,542	235,723.50
42	27,532	411,052.76
33	21,000	321,090.00
24	8,000	124,240.00
18	8,000	125,280.00
5	2,000	31,040.00
10	5,000	76,300.00
10	4,000	61,040.00
2	2,000	30,260.00
2	1,000	15,060.00
12	5,000	75,800.00
24	6,000	92,280.00
37	19,000	301,720.00
1	1,000	16,250.00
4	3,000	49,260.00
6	3,000	49,770.00
5	950	15,751.00
1	1,000	16,790.00
7	44,050	754,576.50
7	45,000	775,800.00
11	45,000	805,500.00
9	45,000	820,350.00
2	15,000	272,250.00
7	4,000	74,360.00
3	1,000	18,520.00
5	1,000	18,110.00
3	1,300	23,361.00

	Buy Side
	Number of executions	Number of shares	Traded volume in EUR
Total	1,199	569,873	9,856,609.82
01/07/2020	2	417	5,162.46
02/07/2020	-	-	-
06/07/2020	-	-	-
09/07/2020	-	-	-
10/07/2020	13	8,500	109,650.00
13/07/2020	-	-	-
14/07/2020	2	1,000	13,500.00
15/07/2020	-	-	-
16/07/2020	-	-	-
17/07/2020	-	-	-
20/07/2020	2	1,000	13,700.00
21/07/2020	-	-	-
22/07/2020	-	-	-
23/07/2020	-	-	-
24/07/2020	7	4,000	56,800.00
27/07/2020	15	5,000	69,650.00
29/07/2020	4	2,000	27,820.00
30/07/2020	6	4,500	61,965.00
31/07/2020	120	93,000	1,169,010.00
03/08/2020	32	9,172	116,025.80
04/08/2020	13	5,000	64,750.00
05/08/2020	-	-	-
06/08/2020	-	-	-
07/08/2020	-	-	-
10/08/2020	-	-	-
11/08/2020	12	4,000	57,600.00
12/08/2020	-	-	-
13/08/2020	2	1,000	15,000.00
14/08/2020	4	1,000	15,300.00
17/08/2020	3	1,000	15,400.00
18/08/2020	35	14,006	211,770.72
19/08/2020	20	5,994	89,670.24
20/08/2020	30	12,000	179,520.00
21/08/2020	7	3,000	44,760.00
24/08/2020	5	1,000	15,100.00
25/08/2020	5	2,000	30,580.00
26/08/2020	-	-	-
27/08/2020	-	-	-
28/08/2020	-	-	-
31/08/2020	-	-	-
01/09/2020	7	3,000	49,350.00
02/09/2020	-	-	-
03/09/2020	-	-	-
04/09/2020	-	-	-
07/09/2020	-	-	-
08/09/2020	-	-	-
09/09/2020	-	-	-
10/09/2020	-	-	-
11/09/2020	-	-	-
15/09/2020	1	2,500	45,000.00
16/09/2020	26	14,800	261,220.00

Sell Side
Number of executions	Number of shares	Traded volume in EUR
1,665	927,036	16,418,426.43
15	7,750	135,935.00
-	-	-
-	-	-
18	12,000	179,880.00
14	8,500	130,390.00
13	7,500	113,475.00
125	82,500	1,530,375.00
38	30,000	606,300.00
3	3,500	73,605.00
31	26,500	596,515.00
7	2,000	48,100.00
20	6,500	161,655.00
12	11,500	305,785.00
12	3,000	82,590.00
-	-	-
-	-	-
1	500	11,870.00
6	1,000	24,310.00
2	1,057	25,050.90
1	500	11,990.00
-	-	-
6	4,200	96,810.00
2	500	11,520.00
2	2,000	43,960.00
6	7,500	164,700.00
-	-	-
7	2,000	42,900.00
-	-	-
11	6,000	112,980.00
14	5,394	102,000.54
22	9,721	182,365.96
35	13,000	257,010.00
-	-	-
2	1,000	19,600.00
10	1,624	30,839.76
57	40,000	776,800.00
6	5,000	97,900.00
38	17,500	352,450.00
-	-	-
4	2,000	39,880.00
3	2,000	40,700.00
2	1,000	20,160.00
-	-	-
3	500	10,150.00
15	3,500	70,035.00
33	10,500	215,040.00
28	3,854	80,625.68
13	13,000	290,940.00
-	-	-
29	21,382	429,136.74
1	2,500	50,000.00

	Buy Side
	Number of executions	Number of shares	Traded volume in EUR
Total	1,199	569,873	9,856,609.82
17/09/2020	23	9,500	161,975.00
18/09/2020	51	35,750	581,295.00
21/09/2020	45	23,500	348,505.00
22/09/2020	5	2,000	29,040.00
23/09/2020	-	-	-
24/09/2020	28	7,500	110,850.00
25/09/2020	-	-	-
28/09/2020	-	-	-
30/09/2020	-	-	-
01/10/2020	-	-	-
02/10/2020	-	-	-
05/10/2020	-	-	-
06/10/2020	-	-	-
07/10/2020	-	-	-
09/10/2020	6	1,000	25,800.00
12/10/2020	32	3,000	75,690.00
13/10/2020	3	1,000	23,560.00
14/10/2020	-	-	-
15/10/2020	2	1,057	24,828.93
16/10/2020	2	500	11,850.00
19/10/2020	10	5,000	116,650.00
20/10/2020	16	6,800	156,332.00
21/10/2020	17	6,500	146,705.00
22/10/2020	30	15,000	328,200.00
23/10/2020	9	7,900	170,956.00
26/10/2020	10	6,000	127,800.00
27/10/2020	19	12,000	249,840.00
28/10/2020	60	25,000	486,500.00
29/10/2020	33	13,000	243,230.00
30/10/2020	5	3,000	55,980.00
02/11/2020	19	11,615	214,064.45
03/11/2020	-	-	-
04/11/2020	11	9,000	174,960.00
05/11/2020	20	8,144	155,631.84
06/11/2020	39	23,480	438,136.80
09/11/2020	-	-	-
10/11/2020	9	3,500	66,570.00
11/11/2020	-	-	-
12/11/2020	12	3,000	59,970.00
13/11/2020	7	2,000	39,660.00
17/11/2020	5	2,000	39,700.00
18/11/2020	2	500	9,850.00
19/11/2020	3	500	10,030.00
20/11/2020	3	5,000	99,400.00
23/11/2020	9	5,500	109,340.00
24/11/2020	-	-	-
25/11/2020	14	3,154	64,341.60
26/11/2020	-	-	-
30/11/2020	63	26,640	530,402.40
01/12/2020	24	6,336	122,284.80
02/12/2020	10	5,469	108,669.03

Sell Side
Number of executions	Number of shares	Traded volume in EUR
1,665	927,036	16,418,426.43
8	5,000	101,900.00
2	2,500	51,900.00
3	500	10,270.00
-	-	-
8	4,000	83,360.00
-	-	-
1	500	10,040.00
7	2,752	55,315.20
11	3,000	59,610.00
17	6,000	122,400.00
12	2,250	46,597.50
24	4,000	79,960.00
9	3,500	71,400.00
2	1,000	20,300.00
5	2,000	40,400.00
29	10,000	208,400.00
-	-	-
2	1,222	25,075.44
13	3,941	80,041.71

	Buy Side
	Number of executions	Number of shares	Traded volume in EUR
Total	1,199	569,873	9,856,609.82
03/12/2020	-	-	-
04/12/2020	-	-	-
07/12/2020	1	1,000	20,400.00
08/12/2020	4	4,500	91,350.00
09/12/2020	6	300	6,078.00
10/12/2020	5	3,000	61,710.00
11/12/2020	45	22,589	450,650.55
14/12/2020	15	4,292	84,337.80
15/12/2020	11	3,708	72,491.40
16/12/2020	-	-	-
17/12/2020	3	250	5,075.00
21/12/2020	43	16,500	324,555.00
22/12/2020	6	2,000	39,660.00
23/12/2020	4	1,000	19,800.00
24/12/2020	-	-	-
28/12/2020	-	-	-
29/12/2020	17	7,000	143,500.00
30/12/2020	6	2,000	40,200.00
31/12/2020	4	2,000	39,900.00