Core Insights - Dassault Systèmes has reported on the liquidity contract with Oddo BHF SCA, detailing transactions and resources as of December 31, 2025 [1][8]. Group 1: Liquidity Contract Overview - The liquidity contract was implemented on January 7, 2015, and updated on June 18, 2019 [1]. - As of December 31, 2025, the liquidity account held 925,197 shares of Dassault Systèmes and €5,384,754.01 in cash [3]. - Initial resources at the time of the contract's implementation included 0 shares and €10,000,000 in cash [3]. Group 2: Transaction Details - From July 1, 2025, to December 31, 2025, a total of 20,126 purchases and 22,371 sales were executed [4]. - The total volume of securities traded during this period amounted to 4,863,746 shares purchased for €128,747,093 and 4,796,309 shares sold for €128,114,812.54 [4]. - Specific transaction examples include purchases of 40,000 shares on July 7, 2025, for €1,246,769.05 and sales of 69,000 shares on July 10, 2025, for €2,236,435.00 [4]. Group 3: Financial Contributions - Amendments to the liquidity agreement included an additional €5,000,000 contribution on October 26, 2017, raising the total to €15,000,000, and another €5,000,000 contribution on December 13, 2018, increasing it to €20,000,000 [3]. - At the time of the new liquidity contract implementation on June 18, 2019, the account had 62,557 shares and €17,496,140.38 in cash [3].

Core Insights - LVMH's liquidity contract with Oddo BHF SCA shows significant trading activity in the first half of 2025, with a total of 3,203 purchases and 3,240 sales of shares, indicating active management of liquidity [1][2][8] Summary by Category Transactions Overview - Total purchases amounted to 234,460 shares for a total of €135,447,405.90, while total sales reached 203,460 shares for €117,943,246.10 [2][8] - The liquidity account showed a cash balance of €9,887,574.90 and 52,000 shares remaining at the end of the reporting period [2][8] Monthly Breakdown - In January 2025, notable transactions included 3,000 shares purchased on January 2 for €1,875,000 and 5,000 shares sold on January 15 for €3,214,000 [1][3] - February 2025 saw 7,000 shares purchased on January 29 for €4,994,755.20 and 3,000 shares sold on February 12 for €2,062,000 [3][4] - March 2025 included significant purchases such as 8,500 shares on March 4 for €5,714,191.90 and sales of 4,000 shares on March 14 for €2,458,700 [4][5] Key Dates and Amounts - On April 3, 2025, 6,000 shares were purchased for €3,320,800, while on April 10, 2025, 3,000 shares were sold for €1,621,800 [5][6] - May 2025 transactions included 5,000 shares sold on May 12 for €3,102,486.40 and 3,000 shares purchased on May 22 for €1,451,150 [6][7] - In June 2025, the last recorded transaction was a purchase of 1,000 shares for €444,600 on June 30 [7][8]