257 0 Kommentare Description of the Share Repurchase Program Authorised by the Ordinary General Meeting of 25 May 2023

Daix, 25 May 2023

Pursuant to Article 241-2 of the AMF General Regulations (Règlement Général de l’Autorité des marchés financiers), the purpose of this description is to present the objectives and terms of the Company’s share repurchase program approved by the Ordinary General Meeting of 25 May 2023.

Securities concerned: shares issued by Inventiva SA.
Maximum proportion of capital that may be purchased by the Company: 10%.
Maximum number of its own shares that may be acquired by the Company, based on the number of shares making up the share capital as of 30 April 2023: 4 213 416; however, taking into account the 155 920 shares held in treasury, only 4 057 496 treasury shares are available to be acquired.
Allocation of treasury shares as at 30 April 2023: the 155 920 treasury shares held as at 30 April 2023 are allocated for the purpose of ensuring the liquidity of or making the market in Inventiva's shares through the intermediary of an investment services provider acting independently within the framework of a market making agreement that complies with a code of conduct recognised by the Autorité des marchés financiers.
Maximum price per share: 40 euros.
Objectives:

The objectives of the share repurchase program pursuant to the 12^th resolution of the Ordinary General Meeting of 25 May 2023 are as follows:

to purchase or sell shares under a liquidity agreement entered into with an investment services provider, in accordance with the conditions set by the market authorities;
to implement and perform obligations related to stock option programs or other share allocations to employees and corporate officers of the Company and, in particular, to allocate shares to employees and corporate officers of the Company in connection with (i) profit-sharing, or (ii) any share purchase, stock option or free share allocation plan under the conditions provided for by law, in particular by Articles L.3331- 1 seq. of the French Labor Code (including any sale of shares referred to in Article L.3332-24 of the French Labor Code), and to carry out any hedging transactions relating to such transactions;
to deliver ordinary shares upon the exercise of rights attached to securities carrying rights to shares of the Company by redemption, conversion, exchange, presentation of a warrant or any other means;
to reduce the Company's capital by cancelling all or some of the shares acquired; and
more generally, to carry out any transaction that may be authorized by law or any market practice that may be admitted by the market authorities, it being specified that, in such a case, the Company would inform its shareholders by means of a press release.