Ivry-sur-Seine, France, April 1, 2025

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART TO ANY U.S. PERSON (AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED) (“U.S. PERSON”) OR IN OR INTO THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA (TOGETHER, THE “UNITED STATES”) OR IN AUSTRALIA, CANADA OR JAPAN OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT.

Fnac Darty S.A. announces the results of the repurchase of its outstanding OCEANEs due March 2027 via a reverse bookbuilding process

Fnac Darty S.A. (the “Company”), today announces the results of the repurchase of a part of its bonds convertible into new shares and/or exchangeable for existing shares (OCEANEs) due March 2027 (the “Repurchase”).

The Company has collected, via a reverse bookbuilding process launched on March 31, indications of interest from holders of the outstanding bonds convertible into new shares and/or exchangeable for existing shares due March 23, 2027 (FR0014002JO2) (the “OCEANEs”).

As at the close of this reverse bookbuilding process carried out by Natixis, the Company has decided to accept the repurchase of 1,915,033 OCEANEs in an aggregate principal amount of €155.2 million, representing approximately 77.6% of the aggregate number of the OCEANEs initially issued.

The repurchase price pursuant to this process was set at €77.25 per OCEANE representing a total consideration of approximately €147.9 million.

The settlement of the Repurchase is expected to take place on April 8, 2025 and is conditional upon the settlement of the new €300 million senior notes due 2032 to be issued by the Company on 2 April 2025.

The OCEANEs accepted by the Company in the Repurchase will be cancelled thereafter in accordance with their terms and conditions.

This press release does not constitute or form part of any offer or solicitation to purchase or subscribe for or to sell securities.

For other information, please contact:

The Dealer Manager

Natixis
7, promenade Germaine Sablon
75013 Paris
France
Attention: Sales Convertible Bonds / SECM Syndicate
Email: ld-m-equityflowsalescb@natixis.com / ld-secm-syndicate-team@natixis.com

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Important notice

This press release may not be released, published or distributed, directly or indirectly, in or into the United States of America, Australia, Canada or Japan. The distribution of this press release may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes, should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. No communication or information relating to the Repurchase may be distributed to the public in a country where a registration or approval is required. No action has been or will be taken in any country in which such registration or approval would be required.