Wavestone

Transaction in Own Shares • Jul 6, 2020

Press release Paris, July 6, 2020, 6 pm

Liquidity contract half-year report

On 30 June 2020 and according to Wavestone's agreement with Portzamparc the following means were dedicated to implement the liquidity contract:

• ⁄ 23,673 Wavestone shares
• ⁄ € 426,343.05 in cash.

Note that at the launch of the contract (on the date of entry into force of the contract, in accordance with AMF decision no 2018-01 of 2 July 2018 - position on 31/12/2018), the means were the following:

• ⁄ 36,611 Wavestone shares
• ⁄ € 88,633.74 in cash.

Trading summary for the first half:

Purchases	49,820 shares	€ 1,044,176.20	497 transactions
Sales	48,075 shares	€ 985,749.83	398 transactions

About Wavestone

In a world where knowing how to drive transformation is the key to success, Wavestone's mission is to inform and guide large companies and organizations in their most critical transformations, with the ambition of a positive outcome for all stakeholders. That's what we call "The Positive Way."

Wavestone draws on some 3,000 employees across 8 countries. It is a leading independent player in European consulting.

Wavestone is listed on Euronext Paris and recognized as a Great Place to Work ®

Wavestone Pascal IMBERT Chief Executive Officer Tel. : +33 (0)1 49 03 20 00 Sarah LAMIGEON Communications Director Tel. : +33 (0)1 49 03 20 00

Actus Financial news Mathieu OMNES Analyst & investor relations Tel. : +33 (0)1 53 67 36 92 Nicolas BOUCHEZ Press relations Tel. : +33 (0)1 53 67 36 74

Details ¹ of the transactions executed: purchases on the one hand and sales on the other hand; in an aggregated table for each trading day of the 1 st half of 2020

PURCHASES					SALES
Date	Number of transactions	Number of shares	Traded capital		Date	Number of transactions	Number of shares	Traded capital
01/02/2020	2	101	2,611.00		01/02/2020	7	601	15,851.01
01/03/2020	3	240	6,187.01		01/03/2020	1	3	78.60
01/06/2020	7	700	17,734.99		01/06/2020	2	200	5,095.00
01/07/2020	2	117	3,001.80		01/07/2020	4	400	10,310.00
01/08/2020	4	400	10,290.00		01/08/2020	2	200	5,175.00
01/09/2020	5	410	10,486.98		01/09/2020	1	100	2,595.00
01/10/2020	6	596	14,797.19		01/13/2020	10	1,000	26,025.00
01/13/2020	3	158	4,019.60		01/14/2020	1	100	2,645.00
01/15/2020	3	201	5,306.44		01/15/2020	2	101	2,681.45
01/17/2020	3	206	5,464.60		01/17/2020	1	100	2,675.00
01/20/2020	1	100	2,645.00		01/20/2020	1	83	2,220.25
01/21/2020	1	9	243.00		01/21/2020	2	200	5,365.00
01/22/2020	1	10	270.00		01/22/2020	5	408	11,186.99
01/23/2020	3	207	5,792.40		01/23/2020	9	831	23,407.77
01/24/2020	3	245	6,941.76		01/24/2020	3	300	8,625.00
01/27/2020	8	800	22,490.00		01/29/2020	3	300	8,490.00
01/28/2020	5	421	11,671.47		01/30/2020	1	25	701.25
01/29/2020	3	219	6,144.15		01/31/2020	10	1,000	28,040.00
01/30/2020	8	708	19,391.98		02/03/2020	3	300	8,355.00
01/31/2020	2	200	5,575.00		02/04/2020	2	197	5,372.96
02/03/2020	5	500	13,740.00		02/05/2020	1	100	2,695.00
02/04/2020	2	152	4,111.60		02/06/2020	1	100	2,720.00
02/05/2020	6	476	12,764.75		02/10/2020	1	100	2,595.00
02/06/2020	4	325	8,746.24		02/11/2020	1	100	2,615.00
02/07/2020	12	989	26,077.56		02/12/2020	1	100	2,600.00
02/10/2020	7	585	15,163.02		02/13/2020	4	273	7,082.71
02/11/2020	2	200	5,185.00		02/14/2020	7	555	14,648.12

¹ Number of transactions and volume (number of shares and traded capital)

02/12/2020	3	282	7,277.40	02/17/2020	3	300	8,055.00
02/13/2020	2	101	2,610.70	02/18/2020	1	13	347.10
02/14/2020	2	37	952.90	02/20/2020	1	50	1,335.00
02/17/2020	1	40	1,068.00	02/21/2020	5	333	8,784.01
02/18/2020	3	213	5,657.11	02/24/2020	1	60	1,560.00
02/19/2020	1	48	1,274.40	02/25/2020	3	295	7,394.74
02/20/2020	4	307	8,103.39	02/26/2020	2	200	4,860.00
02/21/2020	4	135	3,514.81	02/28/2020	4	382	9,221.71
02/24/2020	9	900	23,270.04	03/02/2020	2	110	2,637.50
02/25/2020	7	622	15,421.18	03/03/2020	4	302	7,278.59
02/26/2020	9	805	19,515.53	03/04/2020	9	703	17,504.98
02/27/2020	2	110	2,636.00	03/05/2020	4	400	10,290.00
02/28/2020	5	500	11,800.00	03/10/2020	2	100	2,345.00
03/02/2020	3	220	5,257.01	03/11/2020	7	700	16,625.00
03/03/2020	1	100	2,400.00	03/12/2020	3	155	3,487.00
03/04/2020	1	1	24.30	03/13/2020	2	100	2,125.00
03/05/2020	9	826	20,739.62	03/17/2020	1	50	840.00
03/06/2020	7	700	16,800.00	03/18/2020	5	250	4,320.00
03/10/2020	1	50	1,145.00	03/20/2020	12	1,119	19,700.78
03/11/2020	6	600	14,040.00	03/23/2020	4	211	3,828.00
03/12/2020	11	550	11,699.99	03/24/2020	3	300	5,457.99
03/13/2020	12	705	14,250.02	03/25/2020	11	1,013	18,925.68
03/16/2020	14	700	12,767.51	03/26/2020	1	100	1,890.00
03/17/2020	10	550	9,108.99	03/30/2020	1	35	635.60
03/18/2020	3	150	2,520.00	03/31/2020	8	800	13,664.00
03/19/2020	3	235	3,944.01	04/02/2020	10	1,000	16,504.00
03/23/2020	6	279	4,858.00	04/03/2020	4	400	6,734.00
03/24/2020	1	100	1,806.00	04/06/2020	8	717	12,162.97
03/25/2020	6	469	8,642.54	04/07/2020	10	2,900	50,172.04
03/26/2020	4	319	5,985.11	04/08/2020	5	500	8,776.00
03/27/2020	6	600	11,044.02	04/09/2020	4	2,184	38,656.65
03/30/2020	15	1,350	23,159.25	04/14/2020	2	200	3,600.00
03/31/2020	5	410	6,835.60	04/15/2020	1	100	1,780.00
04/01/2020	6	509	8,453.73	04/16/2020	3	167	2,906.69
04/02/2020	6	600	9,613.98	04/17/2020	13	1,185	20,946.65

04/03/2020	8	800	13,214.00	04/20/2020	4	359	6,399.53
04/06/2020	4	400	6,690.00	04/21/2020	1	19	332.50
04/07/2020	9	810	13,817.63	04/22/2020	5	347	6,004.35
04/08/2020	4	400	6,936.00	04/23/2020	3	300	5,294.01
04/09/2020	4	301	5,237.55	04/24/2020	3	300	5,324.01
04/14/2020	1	100	1,784.00	04/27/2020	1	100	1,800.00
04/15/2020	6	510	9,035.01	04/28/2020	2	101	1,783.48
04/16/2020	7	601	10,383.66	04/29/2020	8	5,700	103,278.50
04/17/2020	8	701	12,251.24	04/30/2020	3	300	5,684.01
04/20/2020	3	300	5,270.01	05/04/2020	5	500	9,440.00
04/21/2020	2	119	2,068.51	05/05/2020	3	300	5,718.00
04/22/2020	3	300	5,132.01	05/06/2020	3	282	5,358.93
04/23/2020	3	300	5,250.00	05/08/2020	3	300	5,594.01
04/24/2020	1	69	1,217.16	05/11/2020	7	700	13,470.03
04/27/2020	3	300	5,294.01	05/12/2020	4	377	7,297.21
04/28/2020	1	1	17.48	05/13/2020	1	100	1,940.00
04/30/2020	8	711	13,287.74	05/14/2020	1	1	19.28
05/04/2020	10	918	16,803.99	05/15/2020	2	200	3,876.00
05/06/2020	4	4,300	80,837.99	05/18/2020	1	100	1,930.00
05/07/2020	4	310	5,768.79	05/19/2020	1	100	1,930.00
05/08/2020	1	100	1,830.00	05/20/2020	1	100	1,934.00
05/11/2020	2	200	3,794.00	05/21/2020	4	309	5 777.74
05/13/2020	1	100	1,926.00	05/22/2020	3	102	1,931.70
05/14/2020	3	201	3,833.27	05/25/2020	4	326	6,343.96
05/15/2020	3	300	5,744.01	05/26/2020	3	223	4,325.60
05/18/2020	1	92	1,762.72	05/27/2020	2	200	3,860.00
05/19/2020	1	100	1,916.00	05/28/2020	1	100	1,930.00
05/20/2020	4	5,300	101,215.99	05/29/2020	9	900	17,388.00
05/21/2020	4	400	7,408.00	06/01/2020	3	119	2,395.45
05/22/2020	2	101	1,888.70	06/02/2020	4	305	6,132.24
05/25/2020	1	100	1,930.00	06/03/2020	11	1,100	23,026.30
05/26/2020	1	100	1,920.00	06/04/2020	1	100	2,120.00
05/27/2020	1	100	1,914.00	06/05/2020	2	200	4,165.00
05/28/2020	2	116	2,220.00	06/08/2020	3	300	6,405.00
05/29/2020	6	597	11,161.57	06/09/2020	3	300	6,435.00

06/01/2020	9	877	17,350.92	06/10/2020	5	449	9,795.34
06/02/2020	1	100	1,980.00	06/12/2020	4	331	6,712.05
06/03/2020	2	200	4,155.00	06/15/2020	2	5,088	99,847.68
06/04/2020	4	400	8,330.00	06/16/2020	6	546	11,049.89
06/05/2020	4	400	8,240.00	06/17/2020	3	279	5,841.90
06/08/2020	2	156	3,267.61	06/18/2020	3	202	4,297.79
06/09/2020	6	510	10,838.98	06/19/2020	1	40	862.00
06/10/2020	2	200	4,325.00	06/22/2020	2	36	752.10
06/11/2020	6	600	12,606.30	06/23/2020	2	200	4,205.00
06/12/2020	9	900	17,929.98	06/24/2020	2	101	2,156.20
06/15/2020	1	100	1,970.00	06/25/2020	1	1	20.50
06/17/2020	2	131	2,680.85	06/26/2020	1	1	20.25
06/18/2020	1	100	2,100.00	06/29/2020	2	144	2,875.00
06/19/2020	6	600	12,525.00	06/30/2020	4	276	5,467.50
06/22/2020	2	2	41.20
06/24/2020	5	500	10,375.00
06/26/2020	2	6	121.50
06/26/2020	2	70	1,403.70
06/29/2020	3	300	5,934.00
06/30/2020	3	112	2,191.44

06/10/2020	5	449	9,795.34
06/12/2020	4	331	6,712.05
06/15/2020	2	5,088	99,847.68
06/16/2020	6	546	11,049.89
06/17/2020	3	279	5,841.90
06/18/2020	3	202	4,297.79
06/19/2020	1	40	862.00
06/22/2020	2	36	752.10
06/23/2020	2	200	4,205.00
06/24/2020	2	101	2,156.20
06/25/2020	1	1	20.50
06/26/2020	1	1	20.25
06/29/2020	2	144	2,875.00
06/30/2020	4	276	5,467.50