B&S S A : Inside Information / Ad Hoc Information - B&S Supervisory Board co-opts Mr. Engelbert Tjeenk Willink as new independent member of the Supervisory Board - EN

Press release

B&S Supervisory Board co-opts Mr. Engelbert Tjeenk Willink as new independent member of the Supervisory Board

Mensdorf, Luxembourg - December 30, 2022 (15:00 CET)

B&S Group S.A. ("B&S" or the "Company"), tech company in the consumer goods industry, announces today that the Supervisory Board has appointed Mr. Engelbert Tjeenk Willink as an independent member of the Supervisory Board of B&S and chairperson of the Company's Selection, Appointment and Nomination Committee ("SARCO") with immediate effect.

The appointment was made by co-optation in accordance with applicable law and the Company's Articles of Association, to fill the vacancy created by the resignation of former Supervisory Board member and chairperson of the SARCO. As a result, Mr. Tjeenk Willink continues the term of the mandate of his predecessor, ending after the Annual General Meeting to be held in 2025. The appointment by co-optation of Mr. Engelbert Tjeenk Willink, as well as that of Mr. Derk Doijer announced in a press release on December 19, 2022, will be confirmed at the next General Meeting of the Company.

Mr. Tjeenk Willink has significant Supervisory Board membership experience gained in the pharmaceutical, biotech industry and in multiple start-ups in different sectors. He gained 30 years of experience in the pharmaceutical industry, for instance with multinational Boehringer Ingelheim GmbH as Member of the Board of Managing Directors. He holds a degree in Medicine from the university of Rotterdam. Mr. Tjeenk Willink complies with the independence criteria of the Dutch Corporate Governance Code and the profile drawn up by the Supervisory Board.

With his extensive experience in multiple managerial roles within large international organizations and with his broad strategic and operational experience in marketing & sales and business development, he will bring substantial added value to the Supervisory Board.

The Supervisory Board will also continue the recruitment process for a fifth member that is independent under the meaning of the Dutch Corporate Governance Code and to bring necessary balance to the current Supervisory Board composition.

This press release contains information within the meaning of Article 7(a) of the Market Abuse Regulation.

B&S Supervisory Board co-opts Mr. Engelbert Tjeenk Willink as new independent member of the Supervisory Board | 1

Press release

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About B&S

B&S (EURONEXT:BSGR) exists to make premium consumer goods available to everyone, anywhere. We believe that getting access to consumer products that bring joy and comfort into everyday lives, should be easy around the globe.

With our ever-growing international network and physical local presence, we bring suppliers, brand owners, logistics partners, wholesalers, retailers and consumers all over the world together that are in many ways difficult to connect.

We work with the world's premium consumer brands in beauty, liquors, personal care, food, health and consumer electronics to serve millions of consumers daily - either directly or through our wholesaler and reseller partners.

Powered by our high-tech platform and arising from supply chain expertise, we provide sourcing, warehousing, distribution, digital commerce, marketing and brand development solutions that enhance choice, speed up delivery, drive conversion and increase reach.

Additional information can be found on our websiteand on LinkedIn.

Forward Looking Statements

This press release includes forward-looking statements. Other than reported financial results and historical information, all statements included in this press release, including, without limitation, those regarding our financial position, business strategy and management plans and objectives for future operations, are, or may be deemed to be, forward-looking statements. These forward- looking statements may be identified by the use of forward-looking terminology, including the terms ''believes'', ''estimates'', ''plans'', ''projects'', ''anticipates'', ''expects'', ''intends'', ''may'', ''will'' or ''should'' or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. These forward-looking statements are based on our current expectations and projections about future events and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Many of these risks and uncertainties relate to

factors that are beyond B&S's ability to control or estimate precisely, such as future market

conditions, the behaviour of other market participants and the actions of governmental regulators. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release and are subject to change without notice. Other than as required by applicable law or the applicable rules of any exchange on which our securities may be traded, we have no intention or obligation to update forward-looking statements.

B&S Supervisory Board co-opts Mr. Engelbert Tjeenk Willink as new independent member of the Supervisory Board | 2