2022---avenir-telecom--consolidation-of-avenir-telecom-shares---08-26-2022-at-08-00 Apr 2026

: 80 existing shares were exchanged for 1 new share (1-for-80 ratio).

: Exercise of equity-linked securities (such as BSA warrants) was suspended from September 12, 2022 , to October 12, 2022 , to facilitate the technical transition. : 80 existing shares were exchanged for 1

: For registered shareholders, the exchange of 80 old shares for 1 new share occurred automatically through their financial intermediaries. In August 2022, initiated a significant restructuring of

In August 2022, initiated a significant restructuring of its share capital through a stock consolidation (reverse split) to stabilize its market presence on the Euronext Paris . This strategic move aimed to reduce the high number of outstanding shares and increase the individual share price to meet standard exchange expectations. Key Consolidation Details (August 2022) : Shareholders holding a number of shares not

: The nominal value of each share was adjusted proportionally following the grouping.

: Shareholders holding a number of shares not divisible by 80 were typically required to either buy or sell the remaining "fractions" to obtain a whole number of new shares. Avenir Telecom SA stock - Saxo Bank

: The technical effective date for the new shares on the market was October 12–13, 2022 . Strategic Context