March 11, 2020

JUDICIAL REORGANISATION PROCEEDINGS IN FAVOUR OF

ORCHESTRA BELGIUM SPRL AND ORCHESTRA PREMAMAN BELGIUM SA

Following press release dated September 26, 2019, Orchestra-Prémaman announces that it has obtained on March 11, 2020 a judgment for the change of judicial reorganisation proceedings with collective agreement to a transfer under judicial authority in favour of Orchestra-Prémaman Belgium SA for a six- month period. Orchestra-Prémaman also obtained on March 11, 2020 a judgment for the opening of judicial reorganisation proceedings with transfer under judicial authority in favour of Orchestra Belgium Sprl for a six-month period.

Information will be regularly disclosed to the market all along the progress of these proceedings.

About judicial reorganisation proceedings under judicial authority

The judicial reorganisation proceedings with transfer under judicial authority allows a transfer to one or several third parties of a part or all of the company of its activities.

Thus transfer under judicial authority is a way to maintain a part or all of the company or of its activities as part of the judicial reorganisation.

Orchestra-Prémaman Group reaffirms its purpose to maintain 19 stores in Belgium and save more than 200 jobs.

Contacts :

ACTIFIN - Stéphane RUIZ - 01 56 88 11 15 - sruiz@actifin.fr

ACTIFIN - Victoire DEMEESTERE - 01 56 88 11 24 - vdemeestere@actifin.fr

ORCHESTRA-PREMAMAN

A public limited company with capital of €12,159,825

Headquarter : 200 avenue des Tamaris, Zac Saint Antoine, 34130 Saint-Aunès. Registration n° 398 471 565 in the Montpellier Trade and companies Register

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Orchestra-Prémaman SA published this content on 11 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 March 2020 17:29:07 UTC