PRESS RELEASE RELATING TO REGULATED INFORMATION




Paris, 26 April 2024




DESCRIPTION OF THE LAGARDERE SA SHARE BUYBACK PROGRAM
2024-2025


Pursuant to Article 241-2 of the AMF General Regulations (Règlement Général de l’Autorité des
marchés financiers) and Article 2 of the Commission Delegated Regulation (EU) 2016/1052 of 8 March
2016, the purpose of this description is to present the Company’s share buyback program approved by
the General Meeting of the Company on 25 April 2024.

1° - Objectives of the 2024-2025 share buyback program

- to maintain a liquid market in the Company’s shares via liquidity agreements that comply with a
code of conduct recognised by the AMF, entered into with independent investment services
providers;
- to reduce the share capital by cancelling all or some of the shares purchased;
- to award free shares to employees and officers of the Company and of entities or groups related to
it within the meaning of articles L. 225-197-1 et seq. of the French Commercial Code;
- to set up any company or group savings scheme (or similar plan) under the conditions provided for
by law, notably articles L. 3332-1 et seq. of the French Labour Code (Code du travail), including by
way of awarding the shares free of consideration as part of the Company's employer contribution
and/or in replacement of the discount, in accordance with the applicable laws and regulations;
- to award or transfer shares to employees as part of a profit-sharing scheme;
- to allocate shares upon the exercise of share options;
- to award shares to employees and corporate officers of the Company and of entities or groups
related to it for any other purpose permitted by the applicable law and regulations;
- to allocate shares upon the exercise of rights attached to securities that give access, by any means
whatsoever, to the Company’s share capital;
- to hold the shares for subsequent exchange or payment as consideration for external growth
transactions, a merger, demerger or asset contribution;
- and, more generally, to carry out any other transaction permitted by the applicable laws and
regulations and, in particular, the market practices accepted by the AMF.
2° - Characteristics of the 2024-2025 share buyback program

Maximum amount allocated to the program: EUR 500,000,000

Maximum percentage of the share capital, maximum number and characteristics of the shares
which can be purchased:

10 % of the share capital, i.e., 14,113,328 shares based on the current share capital.

Considering the 313,316 shares held by the Company as of 26 April 2024, a maximum of
13,800,012 actions shares (9.77 % of the share capital) could be purchased, assuming that the
Company does not cancel or transfer any of these shares.

The shares may be purchased, sold or otherwise transferred in one or several transactions at
any time – apart from during the blackout periods provided for in paragraphs b) and c) of article
4.1 of the EU Commission Delegated Regulation 2016/1052 or during a public tender offer for
the Company's shares – on or off-market or over the counter, by any means permitted under the
applicable laws and regulations, including through block purchases or sales and the use of
derivatives.

Maximum unit purchase price: EUR 40 (the Board of Directors, the latter having the power to
sub-delegate under the conditions provided for by law, having full powers to adjust this amount
to take into account the impact on the share price of any corporate actions)


3° - Term of the share buyback program

18 months as of the General Meeting of 25 April 2024, i.e., until 25 October 2025.



The present publication is available on the website of the Company (www.lagardere.com) in the
section Shareholders and investors/Regulated Information.




LAGARDÈRE SA
French joint-stock company (société anonyme) with a share capital of €860,913,044.60
Divided into 141,133,286 shares of €6.10 par value each
Registered office: 4, rue de Presbourg, 75016 Paris, France
Telephone: + 33 (0)1 40 69 16 00
Registered with the Paris Trade and Companies Registry under number 320 366 446
Website: www.lagardere.com