Core Viewpoint - Vallourec has implemented a share buyback program as authorized by its shareholders, reflecting the company's commitment to enhancing shareholder value through strategic financial management [2]. Group 1: Share Buyback Program - The share buyback program was authorized during the Shareholders' General Meeting on May 22, 2025 [2]. - The total volume of shares repurchased from March 16, 2026, to March 20, 2026, amounted to 250,633 shares, with a daily weighted average purchase price of €19.1493 [3]. - Specific transactions included the purchase of 90,000 shares at €18.7694 on March 16, 2026, and 70,000 shares at €19.7125 on March 19, 2026 [3]. Group 2: Company Overview - Vallourec is a global leader in premium tubular solutions for energy markets and demanding industrial applications, employing nearly 13,000 people across more than 20 countries [2]. - The company focuses on innovative and competitive tubular solutions, catering to sectors such as oil & gas, power generation, and high-performance mechanical equipment [2]. - Vallourec is listed on Euronext Paris and is part of several indices, including CAC Mid 60 and SBF 120 [4].

Core Viewpoint - Vallourec has appointed David Clarke as a new member of its Board of Directors, replacing Keith James Howell, with his ratification to be proposed at the upcoming Shareholder's meeting on May 21, 2026 [2]. Group 1: Appointment Details - David Clarke has been co-opted to the Board at the request of ArcelorMittal and will also serve on the Nominations and Governance Committee [2]. - The Board of Directors of Vallourec consists of nine members, with 55% being women and 63% being independent [5]. Group 2: David Clarke's Background - Dr. Clarke joined Mittal Steel in 2003, focusing on integration and operational improvements in Eastern Europe, and co-led the development of the Mittal Steel value plan in 2006 [3]. - He has held various strategic roles, including Vice President of Strategy in 2007 and Head of Strategy since 2013, overseeing the group's annual strategy process [3]. - His previous positions include Chief Technology Officer of ArcelorMittal from 2016 to 2019 and head of commercial coordination and marketing from 2019 to 2021 [4]. - Dr. Clarke holds a PhD and MA in theoretical physics from Princeton University and has also worked at prestigious institutions such as McKinsey & Company and AT&T Bell Laboratories [4]. Group 3: Company Overview - Vallourec is a global leader in premium tubular solutions for energy markets and industrial applications, employing nearly 13,000 people across more than 20 countries [6]. - The company is listed on Euronext in Paris and is part of several indices, including CAC Mid 60 and SBF 120 [6].