Core Viewpoint - TOUAX SCA's shareholders approved the transfer of its listing from Euronext Paris to Euronext Growth Paris, aiming to align with its size and simplify operations while maintaining market benefits [1][2]. Group 1: Transfer Details - The transfer will be executed via an accelerated admission to trading for existing shares without issuing new shares, as the company meets the Euronext Growth market conditions, including a market capitalization of less than one billion euros and a free float of at least 2.5 million euros [3]. - Euronext Growth is an organized multilateral trading facility, not a regulated market, with rules approved by the Autorité des Marchés Financiers (AMF) [4]. Group 2: Reporting and Disclosure Changes - The company will continue to publish an annual report within four months of the financial year-end, including financial statements and management reports, with simplified disclosure requirements [5]. - A half-yearly report will also be published within four months of the half-year closing, with extended publication deadlines and exemptions from limited reviews by Statutory Auditors [6]. - The choice of accounting standards remains unrestricted, but the company will continue to apply IFRS for transparency [7]. Group 3: Ongoing Information and Governance - The company will disclose any information that could significantly impact its share price and will remain subject to ongoing market disclosure provisions [8]. - Senior executives will still be required to declare transactions involving the company's shares [9]. - The company will no longer be required to post voting results and minutes on its website, and the "say on pay" system will not apply, although transparency in governance will continue [11]. Group 4: Shareholder Obligations and Liquidity - For three years post-listing on Euronext Growth, shareholders will need to declare intentions to acquire shares, and takeover bid provisions will remain applicable [13]. - After this period, reporting obligations will be limited to crossing the 50% and 90% thresholds for capital or voting rights [14]. - The liquidity contract will be maintained after the market transfer [15]. Group 5: Timeline and Sponsorship - The indicative timetable for the transfer includes submission of the transfer request to Euronext on June 13, 2025, with shares expected to be listed on Euronext Growth Paris by August 13, 2025, at the earliest [16][18]. - Gilbert Dupont will act as the Listing Sponsor for the transfer to Euronext Growth Paris [17].