Vallourec — Net Asset Value 2025

Nov 28, 2025

{0}------------------------------------------------

VALLOUREC

French limited liability company (société anonyme) with a Board of Directors with share capital of € 4,768,147.86 Registered office: 12, rue de la Verrerie – 92190 Meudon, France Registered on the Nanterre Trade and Companies Register under n° 552 142 200

Meudon, November 28th , 2025

Monthly information relating to the total number of voting rights and shares comprising the share capital

Article L. 233-8-II of the French Code de commerce and Article 223-16 of the General Regulations of the Autorité des Marchés Financiers (AMF)

Date	Total numberof outstandingshares	Theoretical total number of voting rights(1)	Net total numberof voting rights(2)
31 October 2025	238 407 393	234 359 146	233 983 587
30 September 2025	238 407 393	234 359 146	233 895 369
31 August 2025	238 391 214	234 359 146	233 880 662
31 July 2025	238 391 214	234 359 146	233 584 162
30 June 2025	238 391 214	234 359 146	233 321 151
31 May 2025	238 362 191	234 359 146	234 059 146
30 April 2025	238358 136	234 253 093	234 253 093
31 March 2025	238 139 535	234 034 492	234 034 492
28 February 2025	238 084 623	233 993 941	233 993 941
31 January 2025	238 084 623	233 966 259	233 966 259
31 December 2024	238 084 623	233 917 225	233 917 225
30 November 2024	238 052 129	231 123 100	231 123 100
31 October 2024	238 052 129	231 051 893	231 051 893
30 September 2024	237 784 309	230 304 541	230 304 541
31 August 2024	237 784 309	230 244 702	230 244 702
31 July 2024	237 784 309	229 947 719	229 947 719
30 June 2024	237 271 828	229 877 070	229 769 402
31 May 2024	237271 828	229 877070	229 769402
30 April 2024	237271 828	229 877070	229 769402
31 March 2024	237271 828	229 877070	229 769402

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Date	Total numberof outstandingshares	Theoretical total number of voting rights(1)	Net total numberof voting rights(2)
29 February 2024	237	229 877	229 769
	271 828	070	402
31 January 2024	237	229 877	229 769
	271 828	070	402
31 December 2023	237	229 877	229 769
	271 828	070	402
30 November2023	236 781 727	229 386 969	229 279 301
31 October 2023	236	229	229
	781	386	279
	727	969	301
30 September 2023	236635229	229240471	229 132 803
31 August 2023	236619061	229240471	229 132 803
31 July 2023	236619061	229240471	229 132 803
30 June 2023	235532 187	229240471	229 132 803
31 May 2023	231777 627	229 228 999	229 080 116
30 April 2023	231777 627	229 228 999	229 080 116
31 March 2023	231777 627	229 228 999	229080 116
28 February 2023	231777 627	229 228 999	229080 116
31 January 2023	231777 627	229 228 999	229080 116
31 December 2022	231777 627	229 228 999	229080 116
30 November 2022	231777 627	229 228 999	229080 116
31 October 2022	231777 627	229 228 999	229080 116
30 September 2022	228	228	228
	928	928	779
	428	428	545
31 August 2022	228	228	228
	928	928	779
	428	428	545
31 July 2022	228	228	228
	928	928	779
	428	428	545
30 June 2022	228	228	228
	928	928	779
	428	428	502
31 May 2022	228	228	228
	928	928	740
	428	428	763
30 April 2022	228	228	228
	928	928	740
	428	428	763
31 March 2022	228	228	228
	928	928	740
	428	428	763
28 February 2022	228	228	228
	928	928	740
	428	428	763
31 January 2022	228	228	228
	928	928	740
	428	428	763
31 December 2021	228	228	228
	928	928	740
	428	428	763
30 November 2021	228	228	228
	928	928	740
	428	428	763
31 October 2021	228	228	228
	928	928	740
	428	428	763

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Date	Total numberof outstandingshares	Theoretical total number of voting rights(1)	Net total numberof voting rights(2)
30 September 2021	228	228	228
	928	928	740
	428	428	763
31 August 2021	228	228	228
	928	928	740
	428	428	763
31 July 2021	228	228	228
	928	928	714
	428	428	160
30 June 2021	228	228	228
	928	928	914
	428	428	031
31 May 2021	11	11	11
	449	811	797
	694	810	413
30 April 2021	11	11	11
	449	811	790
	694	772	691
31 March 2021	11	11	11
	449	811	810
	694	662	581
28 February 2021	11	11	11
	449	809	808
	694	473	392
31 January 2021	11	11	11
	449	809	808
	694	652	571
31 December 2020	11	11	11
	449	810	809
	694	456	375
30 November 2020	11	11	11
	449	809	808
	694	708	627
31 October 2020	11	11	11
	449	809	808
	694	929	848
30 September 2020	11	11	11
	449	809	808
	694	877	796

(1) According to Art. 223- 11 of the AMF General Regulations the theoretical (or gross) number of voting rights is used on the basis of all shares with voting rights, including shares temporarily deprived of voting rights (treasury shares, liquidity contract treasury shares), but excluding shares which have no voting rights (preferred shares).

The by-laws of Vallourec contain a provision imposing an obligation to declare crossing thresholds in addition to those relating to legal thresholds.

This information is also available on the Vallourec website under "Regulated information": https://www.vallourec.com/en/hub-finance/informations-reglementees

(2) The net number of voting rights (or voting rights "exercisable at a Shareholders' Meeting") is calculated by excluding shares without voting rights. It is provided for public information.