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SAFE secures new funding of 3 million euros

Safe SA has secured a new financial commitment of at least €3 million with Global Corporate Finance Opportunities 20 (GCFO 20). This financing is part of the company's continuation plan. The funds will be obtained through the issuance of twenty tranches of convertible bonds (OCEANE), each tranche having a nominal value of €209,000.

Two additional tranches have already been issued, and new tranches will be issued every twenty trading days. The net proceeds of the issue are estimated at EUR 3,006,600. This financing aims to support Safe Group in its restructuring efforts and to ensure the sustainability of its operations.

It should be noted that this type of financing could generate downward pressure on the share price, and result in significant dilution for current shareholders. Investors are therefore advised to exercise caution before investing in the Company's securities. A warning has been issued regarding the risks associated with these financial transactions.

R. P.

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