Velcan Holdings

Transaction in Own Shares • Sep 28, 2020

Luxembourg, 28 th September 2020

SHARES REPURCHASE PROGRAMME

Authorized by the shareholders' meeting held on 28th June 2017 Implemented upon the decision of the Board of Directors dated 13th March 2020

DISCLOSURE OF PURCHASES EFFECTED FROM 18 th SEPTEMBER 2020 TO 25 th SEPTEMBER 2020

Trading date	Number of shares purchased	Weighted average price (Eur)	Amount of purchases (Eur)	Purpose	Market
th September 2020 18	2 089	6,66	13 913	Cancellation or free	Euro MTF
				shares coverage	Luxembourg
21st September 2020	1 250	6,6	8 250	Cancellation or free	Euro MTF
				shares coverage	Luxembourg
22nd September 2020	500	6,8	3 400	Cancellation or free	Euro MTF
				shares coverage	Luxembourg
23rd September 2020	200	6,85	1 370	Cancellation or free	Euro MTF
				shares coverage	Luxembourg
24th September 2020	1 920	6,49	12 461	Cancellation or free	Euro MTF
				shares coverage	Luxembourg
25th September 2020	87	6,2	539	Cancellation or free	Euro MTF
				shares coverage	Luxembourg
Total	6 046	-	39 933	-	-

Market: Euro MTF, Luxembourg Type of shares: ordinary shares ISIN FR0010245803

Repurchase programme as amended, full description dated 17th September 2020 is available on Velcan Holdings website

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Regulatory information available on www.velcan.lu

Investor Relations Contact investor@velcan.lu