LYD : Main characteristics of the buyout offer

ENR.GOFIM.700.1

Date: 25/07/2022

Notice N° AV-2022-098

(Only the french version prevails)

Event	Buyout offer for stock market delisting
Involved Instrument(s)	LYDEC

- NOTICE SUBJECT

Main characteristics of the buyout offer of "LYDEC" securities

• REFERENCES
• In accordance with the Royal Decree (Dahir) Law 26-03 of 21 April 2004, amended by Laws 46-06 relating to public offers market, namely its section 34 ;
• Given the provisions of the Stock Exchange's General Regulation, approved by Annex of the Ministerial Order N°2208-19 of the 29th Chaoual 1440 (July 3rd, 2019), namely its section 3.4.2;
• In accordance with the decision of AMMC concerning the buyout offer for "LYDEC" securities delisting on the initiative of "Veolia Environnement SA et VIGIE 50 AS".
  .
• TERMS OF THE PUBLIC OFFER

Issuer	LYDEC
Buyer	Veolia Environnement SA et VIGIE 50 AS
Initiator	Veolia Environnement SA et VIGIE 50 AS
Acquirer commitment	Firm and irrevocable
Waiver threshold	No threshold
Shareholders' contributions	Integral or partial
Number of targeted shares	127.113
Share Price (MAD)	262
Timetable of the operation	The operation schedule shall be set up and published later.
- FURTHER INFORMATION

1

ENR.GOFIM.700.1

Date: 25/07/2022

For further information about the operation, the french admissibility decision, of Moroccan Financial Market Authority (AMMC), regarding the operation is available on the following link : https://www.ammc.ma/sites/default/files/D%C3%A9cision%20de%20Recevabilit%C3%A9%20 OPR%20LYDEC%20FR.pdf

2