SOITEC

Opening from 5 May 2016 to 11 May 2016 of the standing repurchase offer for holders of the 2018 OCEANEs - Seite 2

The standing repurchase offer will be managed by BNP Paribas Securities Services.  

Any holder wishing to sell its 2018 OCEANEs should place a sell order at a price equal to 2.45 euros (accrued coupon included) per 2018 OCEANE with its financial intermediary. The orders placed by the 2018 OCEANEs holders in this standing repurchase offer will be irrevocable

The Company will announce on 12 May 2016, after the market close, the result of the standing repurchase offer and the total number of the 2018 OCEANEs repurchased (subject to completion of the Share Capital Increase).

The settlement and delivery of the 2018 OCEANEs repurchased in the standing repurchase offer as well as in the reverse bookbuilding, will occur on the same date as (and under the condition of) the settlement and delivery of the Share Capital Increase. According to the indicative timetable of the Share Capital Increase and subject to markets conditions and the approval of the French Financial Market Authority (the Autorité des marchés financiers) on the prospectus related to the Share Capital Increase, the settlement and delivery of the Share Capital Increase and of the 2018 OCEANEs repurchased is expected to take place as from 8 June 2016. In case of non-completion of the Share Capital Increase, no 2018 OCEANE submitted to the Company as part of the reverse bookbuilding and standing repurchase offer will be repurchased and the orders will be retroactively cancelled.

The definitive amount of the Share Capital Increase will be determined on the basis of the amount allocated by the Company to the repurchase of the 2018 OCEANEs through the reverse bookbuilding and the standing repurchase offer.

The repurchase of the 2018 OCEANEs through the reverse bookbuilding has been conducted by BNP Paribas and Natixis as Dealer Managers. Lazard is acting as financial advisor to the Company.

The 2018 OCEANEs repurchased through the reverse bookbuilding and the standing repurchase offer will be cancelled in accordance with their terms of issuance and pursuant to applicable law.

Upon completion of the settlement and delivery of the Share Capital Increase, the Company reserves the right to conduct further repurchases of 2018 OCEANEs, on or off-market, and/or exercise, if applicable, the right to call, in its sole discretion, for the early repayment of the 2018 OCEANEs in accordance with the terms of their contract of issuance.