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Thales Capital/Financing Update 2019

Jun 3, 2019

1699_iss_2019-06-03_e1254fab-6cb0-4f76-b20c-0111608315aa.pdf

Capital/Financing Update

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Thales finalizes the integration of Gemalto bond financing

Following the successful completion of its public offering on Gemalto NV, Thales (Euronext Paris: HO) holds 97.02% of Gemalto's shares. As part of the Gemalto integration process, Thales and Gemalto have conducted a consent solicitation on the EUR 400 million bond issued by Gemalto and maturing in September 2021.

The intention was to substitute Thales for Gemalto as debtor and to align the terms of the bond with the most recent and existing listed Thales bonds.

The bondholders' meeting convened today approved an extraordinary resolution validating the terms of the consent solicitation.

Following the early prepayment of all outstanding Gemalto US private placements on 13 May 2019, this step marks the completion of Thales's integration of Gemalto bond financing.

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About Thales

The people who make the world go round – they rely on Thales. Our customers come to us with big ambitions: to make life better, to keep us safer.

Combining a unique diversity of expertise, talents and cultures, our architects design and deliver extraordinary high technology solutions. Solutions that make tomorrow possible, today. From the bottom of the oceans to the depths of space and cyberspace, we help our customers think smarter and act faster, mastering ever greater complexity at every decisive moment along the way.

With 80,000 employees in 68 countries, Thales reported sales of €19 billion in 2018.

CONTACTS

Thales, Media Relations Cédric Leurquin +33 (0)1 57 77 90 93 [email protected]

Thales, Analysts / investors Bertrand Delcaire +33 (0)1 57 77 89 02 [email protected]

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