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Charenton-le-Pont, 25 June 2026
DESCRIPTION OF THE SHARE BUYBACK PROGRAMME AUTHORISED BY THE ORDINARY GENERAL MEETING
OF 25 JUNE 2026
In accordance with the provisions of Articles 241-2 et seq. of the AMF General Regulation,
as well as EU Regulation 596/2014 of 16 April 2014, this description outlines the
objectives and terms of the of the Marie Brizard Wine _ Spirits share buyback programme
under the authorisation granted by the thirteenth resolution of the Combined General
Meeting held on 25 June 2026.
Breakdown of equity securities held by the Company by objective
On 25 June 2026, the Company held 127,540 treasury shares, out of 111,989,823 shares
making up the Company's share capital, i.e. a total of 0.11 %, allocated in part to
the implementation of the stock option plan and the allocation of bonus shares _40,166
shares_, and the remaining shares to the liquidity agreement _87,374 shares_.
Objectives of the share buyback programme
The purpose of the buyback programme is to enable the following to be performed:
1. promote liquidity in transactions and stability of prices of the Company's shares
under a liquidity agreement entered into with an investment services provider, acting
in accordance with market practices approved by the French Financial Markets Authority
_AMF_,
2. retain shares that are bought back and subsequently put them back on the market
or use them as consideration in potential external growth transactions, within the
limits set by applicable regulations,
3. cover stock option plans or bonus share plans and other forms of share allocation
to employees and/or corporate officers of the Company and its Group companies, in
particular under the profit-sharing scheme and Company Savings Plan, under the conditions
set out by law and market authorities, and at the times the Board of Directors or
the person acting on behalf of the Board of Directors considers appropriate,
4. enable _i_ the delivery of Company shares upon exercise of rights attached to securities
giving access, immediately or in the future, by way of redemption, conversion, exchange,
presentation of a warrant or in any other way, to the allocation of Company shares
and _ii_ any hedging transactions related to the issue of such securities, under the
conditions set by market authorities and at such times as the Board of Directors or
the person acting on behalf of the Board of Directors may consider appropriate,
5. cancel the shares in full or in part by reducing the share capital.
The share buyback programme also lets the Company trade in its own shares for any
other purpose authorised under applicable laws and regulations, now or in the future,
or recognised as a market practice by the AMF. In such case, the Company would inform
its shareholders thereof in a press release.
Maximum proportion of share capital, maximum number and characteristics of shares
that the Company plans to purchase, and maximum purchase price
Given that on 25 June 2026, the Company directly or indirectly held a total of 127,540
treasury shares, i.e. 0,11 % of the share capital, the maximum number of shares that
may be bought back amounts to 11,071,442 shares, i.e. 9,89 % of the share capital.
This cap may be increased to 10% of the share capital _at any time_ in the event that
the Company sells or uses its treasury shares.
The unit price may not exceed six euros _6_, subject to adjustments relating to any
transactions affecting the Company's shareholders' equity. As such, based on the current
share capital, the theoretical maximum amount that the Company would pay in the event
of a buyback at the maximum unit price of six euros _6_, 66,428,652_, for the purchase
of a maximum of eleven million one hundred and ninety-eight thousand nine hundred
and eighty-two _11,071,442_ shares.
The shares the Company wishes to buy back are ordinary shares listed under Compartment
C of the Euronext Paris regulated market under ISIN code FR0000060873.
Duration of buyback programme
The buyback programme will run for eighteen _18_ months from the date of the General
Meeting authorising the transaction, i.e. until 25 November 2027.
During the buyback programme period, the public will be promptly informed of any significant
change in any of the information listed above, in accordance with the procedures set
out in Article 221-3 of the AMF General Regulation.
Investor and shareholder relations contact
MBWS Group
Emilie Drexler
relations.actionnaires@mbws.com
Tel.: +33 1 43 91 62 40
Press contact
Image Sept
Clémence Vermersch - Laurent Poinsot
cvermersch@image7.fr - lpoinsot@image7.fr
Tel : +33 1 53 70 74 70
About Marie Brizard Wine _ Spirits
Marie Brizard Wine _ Spirits is a wine and spirits group based in Europe and the United
States. Marie Brizard Wine _ Spirits stands out for its expertise, a combination of
brands with a long tradition and a resolutely innovative spirit. Since the birth of
the Maison Marie Brizard in 1755, the Marie Brizard Wine _ Spirits Group has developed
its brands in a spirit of modernity while respecting their origins. Marie Brizard
Wine _ Spirits is committed to offering its customers bold and trusted brands full
of flavour and experiences. The Group now has a rich portfolio of leading brands in
their market segments, including William Peel, Sobieski, Marie Brizard and Cognac
Gautier.
Marie Brizard Wine _ Spirits is listed on Compartment B of Euronext Paris _FR0000060873
- MBWS_ and is part of the EnterNext PEA-PME 150 index.
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RB-W: DESCRIPTION OF THE SHARE BUYBACK PROGRAMME AUTHORISED BY THE ORDINARY GENERAL MEETING
OF 25 JUNE 2026
