Centrale d'Achat Française pour l'Outre-Mer Société Anonyme (ENXTPA:CAFO) commences share repurchases on April 27, 2023, under the program mandated by the shareholders in the Combined General Meeting held on March 31, 2023. As per the mandate, the company is authorized to repurchase its own shares, such that the company's holding in treasury does not exceed 10% of its issued share capital. The shares will be repurchased at a maximum purchase price of €30 per share.

The repurchased shares will be allocated to corporate officers or employees of the company and/or companies in its group under the conditions and according to the methods provided for by the legal and regulatory provisions applicable in the context of profit sharing expansion of the company, the stock option plan, the free allocation of shares, any employee savings plan, as well as carrying out all hedging transactions relating to these transactions; or will be totally or partially cancelled by reducing the share capital; or will be kept and remitted later in payment or in exchange within the framework of possible operations of external growth, merger, demerger or contribution; or will be delivered upon exercise of rights attached to securities giving right, by reimbursement, conversion, exchange, presentation of a warrant or in any other way to the allocation of shares of the company, as well as carry out all hedging transactions in connection with the issue of such securities. The program is valid for a period of 18 months, from the date of passing of the resolution. As at March 31, 2022, the company has 9,394,662 shares in issue.