SMCP - Return of the shares to European Topsoho and clarification of shareholding situation

Core Points - The Singapore High Court ruled on July 4, 2025, that the 15.5% stake in SMCP, previously transferred to Dynamic Treasure Group in 2021, has been returned to European Topsoho S.à r.l. (ETS) on August 11, 2025 [1] - ETS entered bankruptcy proceedings in February 2023 and is currently under the management of a curator supervised by the Luxembourg court [1] - The return of shares clarifies the shareholding situation of SMCP, allowing the company to focus on its profitable growth strategy [2] Company Overview - SMCP is a global leader in the accessible luxury market, featuring four unique Parisian brands: Sandro, Maje, Claudie Pierlot, and Fursac [3] - The company operates in 55 countries with a network of over 1,600 stores and a strong digital presence in key markets [3] - Founded by Evelyne Chetrite and Judith Milgrom, Sandro and Maje were established in 1984 and 1998, respectively, and continue to receive creative direction from their founders [3] - Claudie Pierlot and Fursac were acquired by SMCP in 2009 and 2019, respectively [3] - SMCP is listed on the Euronext Paris regulated market under ISIN Code FR0013214145 and ticker SMCP [3]