Results of the Combined General Meeting held on 19 June 2024

PRESS RELEASE

Boulogne-Billancourt, 20 June 2024

Results of the Combined General Meeting held on 19 June 2024

Implementation of the share capital reduction motivated by losses, by reducing the nominal value of the shares

Solocal Group announces that almost-all resolutions have been approved by a very large majority at the Combined General Meeting (“CGM”) of the shareholders which took place yesterday in Boulogne-Billancourt, under the Presidency of Ghislaine Mattlinger, member of the Board of Directors and Chairwoman of the Audit Committee. 

Compared to the total amount of shares with exercisable voting rights, i.e. more than 131 million shares, this represents 32.2% of the total number of shares.

All ordinary resolutions were largely approved. Among these resolutions:  ▪         Approval of the 2023 statutory and consolidated financial statements 

▪  Approval of the components of the remuneration paid during or awarded in respect of the financial year ended 31^st December 2023 to Philippe Mellier, Hervé Milcent et Cédric Dugardin

▪  Approval of the remuneration policy for the Chairman of the Board of Directors, the Chief Executive Officer and the Directors

▪  Renewal of the term of Marie Christine Levet and Cédric Dugardin as Directors

▪  Appointment of Cabinet de Saint Front as sustainability auditor

With the exception of the 27th resolution relating to the delegation of authority to the Board of Directors to carry out an increase in the share capital reserved for members of an employee saving scheme (that the Board of Directors asked non to adopt), all extraordinary resolutions and in particular all the resolutions required to implement the financial restructuring were approved by more than 97%.

Details about the votes on each of the resolutions is available in the appendix of this document.

The Combined General Meeting is available for replay on the company's website (www.solocal.com - Investisseurs – Financial Publications – General Meetings) or via the link : https://www.solocal.com/en/finance

Implementation of the share capital reduction motivated by losses, by reducing the nominal value of the shares

Following the General Meeting, the Board of Directors decided to reduce the par value of the Company's ordinary shares from €1 to €0.001, in accordance with the resolution 17 approved by the CGM. The Company's share capital now stands at €131,960.654.

EN - Solocal - www.solocal.com

Solocal is the digital partner for all local companies in France, from VSEs, to SMBs or Large Companies with networks. Our job; vitalize local life. We strive every day to unveil the full potential of all companies by connecting them to their customers thanks to our innovative digital services. We advise over 253 000 companies all over France and support them to boost their activity thanks to our digital services (Relational Presence, Websites and Digital advertising). We also bring users the best possible digital experience with PagesJaunes, and Ooreka, and our GAFAM* partners. We provide professionals and the public with our high audience services (21M views for PagesJaunes), geolocalised data, scalable technology platforms, unparalleled commercial coverage across France, our privileged partnerships with digital companies and our talents in terms of data, development and digital marketing. Solocal moreover benefits from the "Digital Ad Trust" label. To know more about Solocal (Euronext Paris “LOCAL”): let's keep in touch @solocal *GAFAM : Google, Microsoft/Bing,, Facebook, Apple, Amazon. Committed to a CRS strategy since 2013, Solocal fully endorses the United Nations Sustainable Development Goals. The company is certified bronze by Ecovadis and sylver by Gaia Ethifinance.

Appendix : voting results per resolution