BRIEF

on ELIS (EPA:ELIS)

Elis: Adjustment to the Conversion Ratio (OCEANE 2029)

Saint-Cloud, 27 May 2024 – Elis (ISIN FR0012435121) informs the holders of the bonds convertible into new shares and/or exchangeable for new or existing shares (OCEANE 2029), that the current conversion/exchange ratio of 5,915.9980 ordinary shares for 1 OCEANE will be adjusted to 6,028.1002 ordinary shares for 1 OCEANE.

This adjustment will be effective from May 29, 2024, coinciding with the payment date of the €0.43 per share dividend, which was approved during the shareholders’ meeting on May 23, 2024. The adjustment is in accordance with paragraph 2.6.B of the Terms and Conditions as of September 15, 2022, and complies with article 2.6.B.10 of the OCEANE 2029 Terms and Conditions.

R. E.

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