Arkema Launches Its Ninth Capital Increase Reserved for the Group’s Current and Former Employees

Regulatory News:

Arkema (Paris:AKE) is carrying out another capital increase reserved for Arkema Group’s current and former employees, in 31 countries, including France, representing around 99% of the Group’s employees. The subscription period will take place from 16 September 2024 to 30 September 2024 inclusive.

FRAMEWORK AND RATIONALE OF THE OPERATION

The annual general meeting of 15 May 2024 delegated its powers to the Board of Directors for the purpose of carrying out, in one or several steps, for a maximum nominal amount not exceeding €13.5 million, and within a timeframe not exceeding 26 months, an issuance of shares reserved for the Group’s current and former employees, within the framework of article L. 225-138-1 of the French Commercial Code and of article L. 3332-18 et seq. of the French Labor Code.

In accordance with this delegation of powers and in order to reinforce the existing relationship between the Group and its employees by giving them the possibility of being more closely linked to the Group’s future developments and performance, the Board of Directors decided on 15 May 2024 to again carry out a capital increase reserved for the Group’s current and former employees up to a maximum nominal amount of €13.5 million, and to grant all powers to the Chairman and Chief Executive Officer for the purpose of carrying it out, in particular to determine the subscription price and period.

This capital increase is offered in France, Australia, Belgium, Brazil, Canada, China, Denmark, Egypt, Eire, Germany, India, Italy, Japan, Malaysia, Mexico, the Netherlands, New Zealand, Philippines, Poland, Romania, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Turkey, the United Arab Emirates, United Kingdom and the United States, subject to local authorizations in some of those countries.

SECURITIES OFFERED

On 11 September 2024, the Chief Executive Officer, through delegated authority of the Board of Directors, set the subscription price and period:

- Subscription price: €60.74. It is equal to 75% of the average of the opening prices of the Arkema share on the Euronext Paris S.A. market during the twenty trading days preceding this day, i.e. 75% of €80.99.

- Subscription period: from 16 September 2024 to 30 September 2024 inclusive.

The maximum number of shares that may be issued is 1.35 million, with a nominal value of €10 each, i.e. a total nominal value of €13.5 million.