SMCP - Update on the forced proceeding of the related shares June 2025

Group 1 - The legal proceedings initiated by GLAS in October 2024 regarding the return of a 15.5% stake in SMCP are progressing, with a substantive hearing scheduled for July 2, 2025 [1] - The proceedings aim to reclaim the stake after the English courts canceled its sale to Dynamic Treasure Group Ltd in July 2024 [2] - The Singaporean courts rejected an appeal from Wuhu Ruyi Xinbo Investment Partnership in May 2025, marking the end of their legal options regarding the stake [2] Group 2 - SMCP is a global leader in the accessible luxury market, featuring four Parisian brands: Sandro, Maje, Claudie Pierlot, and Fursac [3] - The company operates over 1,600 stores across 53 countries and maintains a strong digital presence in key markets [3] - SMCP is listed on the Euronext Paris regulated market, with the ISIN Code FR0013214145 and ticker SMCP [3]