Compagnie Lebon (ENXTPA:LBON) commences share repurchases on June 4, 2015 under the program mandated by the Annual General Meeting held on June 3, 2015. As per the mandate, the company is authorized to repurchase up to 87,181 shares, representing 7.43% of issued share capital, such that its treasury does not exceed 10% of share capital. The shares will be repurchased at the maximum price of €17.44 million at a maximum price of €200 per share.

The shares could be acquired through the market or outside the market, by blocks of securities. The shares will be repurchased to assure the animation of the secondary market or the liquidity of the COMPAGNIE LEBON share through an investment service provider acting in independence within the framework of the liquidity contract in conformity to the ethics charter recognized by the Autorité des Marchés Financiers and the AMAFI charter, the tendering of shares for payment or exchange within the framework of future external growth deals, and more generally within the framework of a transaction, for the free attribution of shares within the framework of articles L.225-197-1 and following the commercial code for employees, or social agents and for eventual cancellation of shares in order to optimize the profitability of equity. As of February 28, 2015, the company had 30,119 ordinary shares representing 2.57% of the issued share capital under treasury.