Tonner Drones issues free BSA to all shareholders

Tonner Drones issues free BSA to all shareholders

Paris, October 15^th , 2025, 18:00, Tonner Drones (’the Company’) provides further details on the issuance of BSA 2025-3.

Following further information from the facilitating bodies, the final schedule for the distribution of BSA 2025-3 ("TDBS3") is now available.

The TDBS3 will be issued on October 22, 2025 to all shareholders and therefore the last day to purchase shares of the Company that entitle shareholders to the TDBS3 will be October 17,2025.

For each share held, one TDBS3 will be freely allocated. One share can be purchased at a price of €0.032 by exercising 10 TDBS3. TDBS3 expires on December 29, 2028. To limit costs, a minimum of 100,000 TDBS3 per exercise request is required.

TDBS3 will be tradable on the exchange under the ISIN code FR0014012ZX8.

Indicative timetable for the Transaction

The table below sets out the expected timeline for the Transaction as of the date of this press release:

October 17, 2025	Last day to purchase shares that entitle shareholders to the BSA 2025-3 allocation
October 21, 2025	Registration date for BSA 2025-3 (settled shares, bought at latest on October 17th)
October 22, 2025	Free allocation of share subscription warrants Opening of the exercise period for BSA 2025-1
January 9, 2026	Deadline for exercising BSA 2025-1
January 16, 2026	Admission and start of trading of BSA 2025-2 on Euronext Growth Paris
July 1, 2026	Opening of the exercise period for BSA 2025-2
December 29, 2028	Deadline for exercising BSA 2025-2 and BSA 2025-3

Tonner Drones will provide an overview of all outstanding warrants and their specifics on the website.

Characteristics of the BSA 2025-3

The characteristics of the BSA 2025-3, in particular the terms and conditions for maintaining the rights of warrant holders, are described in paragraphs III of the subscription notice to shareholders published in the Bulletin des Annonces Légales Obligatoires (BALO) No. 121 of October 8, 2025 (No. 2504418).