Messrs. Sharon Daniela Soifer, Leonardo Gabriel Culotta and Vanina Vara made a mandatory offer to acquire remaining 4.59% stake in Hulytego S.A.I.C. for ARS 65 million.

Messrs. Sharon Daniela Soifer, Leonardo Gabriel Culotta and Vanina Vara made a mandatory offer to acquire remaining 4.59% stake in Hulytego S.A.I.C. (BASE:HULI) for ARS 65 million on February 21, 2024. The offer will consist of the acquisition of 394,417 shares of Hulytego S.A.I.C., representing 4.59% of the share capital for ARS164.65.

The Offeror will have a period of 7 calendar days to ratify or improve the Offer and disseminate the decision adopted, and in sor case, the new conditions of the offer in the same way in which spread the original conditions. Once the announcement of the last competing offer has been published, the declarations of acceptance that have been produced with respect to the offer or offers The above may be revoked in all cases by the holders of the securities. affected.

Likewise, the Offeror will have the right to withdraw from the Offer, and must announce it by the same means established for the dissemination of the offer. The Offeror has enough economic capacity to meet the payment of the Offered Price for all holders who decide to accept the Offer. The offer will be valid for a period of 20 business days, beginning at 2:00 p.m. on February 29, 2024 and ending at 6 p.m. on March 27, 2024.

The Offeror may grant a period additional 5 business days, which will be promptly communicated if applicable. Once the titles are withdrawn, the CVSA will communicate their withdrawal to Hulytego, in principle within 24 hours after the debit was made, so that the name, address and nationality of the principal, identity document and its number, type and class of titles delivered. The Offeror has requested Francisco Gulli for his opinion in relation to compliance and amendments.

As of February 21, 2024, at its meeting the Board of Directors of the National Securities Commission has resolved to formally approve the public offer for the mandatory acquisition of shares addressed to the Shareholders of Hulytego SAIC that were opportunely formulated by Messrs. Sharon Daniela Soifer, Leonardo Gabriel Culotta and Vanina Vara.