Atos Origin Reaches Agreement on Financial Restructuring

Paris, France – June 30, 2024 – Atos SE ("Atos" or the "Company") has announced an agreement with a group of banks and bondholders on the main terms of a financial restructuring plan. This crucial step aims to finalize a restructuring agreement by July.

The restructuring includes a €233 million capital increase, €2.9 billion debt equitization, and a reduction of net indebtedness by €3.1 billion. The plan also introduces €1.5 to €1.675 billion in new secured financings.

Existing shareholders will experience significant dilution but can participate in the capital increases. The syndication period for interim financing has reopened until July 3, 2024, and a similar period for new secured financings has also commenced.

The restructuring agreement includes provisions for ongoing negotiations with the French State and Alten regarding certain business unit disposals. The objective is a stronger capital structure and financial stability by the end of 2024.