Latecoere Announces the Success of Its Share Capital Increase With Shareholders’ Preferential Subscription Rights for an Amount of Approximately €124.4 Million, Which Is a Critical Enabler to the Company’s Ramp up Plans - Seite 2

The issue, settlement and delivery and start of trading of the new shares on the regulated market of Euronext Paris are expected to take place on November 21^st, 2023. The sew shares will immediately entitle their holders to receive dividends declared by Latecoere as from the date of issuance. They will be immediately fungible with existing ordinary shares of the Company and will be traded on the same trading line under the same ISIN code FR001400JY13.

The Capital Increase was directed by Société Générale acting as Global Coordinator and Bookrunner.

Impact of the capital increase on the allocation of the share capital

As a result of the Capital Increase, the Company’s share capital will amount to €124,968,316.65 divided in 12,496,831,665 shares (of which 12,496,777,165 ordinary shares and 54,500 preferred shares 2022).

Searchlight Capital Partners (through the company SCP SKN Holding I SAS), which owned before the Capital Increase 74.65% of the Company’s share capital, and that irrevocably committed to (i) exercise all of its preferential subscription rights on an irreducible basis (titre irréductible) and to subscribe new shares for a total amount of €80,849,465.76, representing approximately 74.72% of the initial amount (excluding the extension clause) of the Capital Increase on the basis of a subscription price of €0.01 per new share and (ii) to subscribe on a reducible basis to 2,735,190,494 new shares, will hold 10,859,250,748 shares, representing 86.90% of the Company’s share capital after the Capital Increase.

Lock-up commitments

The Company has agreed to a lock-up period starting on the date of the approval by the French Autorité des Marchés Financiers (the “AMF”) of the prospectus relating to the Capital Increase and expiring 90 calendar days following the settlement-delivery date of the new shares, subject to certain usual exceptions.

SCP SKN Holding I SAS has agreed to a lock-up period expiring 180 calendar days following the settlement-delivery date of the new shares, subject to certain usual exceptions.

Availability of the prospectus

The prospectus approved by the AMF under number 23-453 on October 30^th, 2023 and comprised of (i) Latecoere 2022 universal registration document filed with the AMF on June 23^rd, 2023 under number D.23-0514 (the “Universal Registration Document” or “URD”), (ii) an amendment to the URD filed with the AMF on October 30^th, 2023 under number D.23-0514-A01 (the “Amendment”), (iii) the securities note dated October 30^th, 2023 (the “Securities Note”) and (iv) the summary of the prospectus (included in the Securities Note) is available on the websites of the AMF (www.amf-france.org) and the Company (www.latecoere.aero). Copies of the prospectus are available free of charge at the Company’s registered office (135, rue de Périole, 31500 Toulouse).