PRESS RELEASE

Ordinary and Extraordinary Shareholders' Meeting of May 26, 2021,

behind closed doors

Availability of preliminary documents for the Annual General Meeting

The Ordinary and Extraordinary Shareholders' Meeting will be held on May 26, 2021 at 2:00 p.m. behind closed doors, in the absence of shareholders and other persons who are customarily eligible to attend, because the Covid-19pandemic and the current administrative measures in place prevent them from physically attending the Meeting.

Accordingly, no admittance card will be issued and shareholders must vote or give proxy in advance of the Meeting.

A preliminary notice of the Meeting, published on March 31, 2021 in the French legal gazette (Bulletin des annonces légales obligatoires - BALO), (bulletin # 39, announcement # 2100697), contains the agenda of the meeting and the draft resolutions proposed to the shareholders.

The Annual General Meeting will be broadcast live on the Company's website.

A toll-free number (France only) will be made available, through which shareholders will be able to ask questions live (orally) to speakers during the Q&A portion of the Meeting.

Shareholders are invited to read the information contained in the 2021 Notice of Meeting (already available on Safran's website) carefully, setting out how to participate in the Meeting. Ways of participating in the Meeting will also be detailed in the notice of meeting to be published on May 7, 2021 in the French legal gazette (Bulletin des annonces légales obligatoires - BALO) and on Safran's website (at http://www.safran-group.com(Finance/Annual General Meeting).

Shareholders can participate by voting (either directly or via a proxy) by post or online. Shareholders are invited to vote or give a proxy online in advance of the Meeting, via the Votaccess secure voting platform (https://planetshares.bnpparibas.com).

Holders of registered or administered registered shares may request, until the fifth day preceding the Meeting, from BNP Paribas Securities Services to receive documents and information referred to in Articles R.225-83 and R. 225-83 of the French Commercial Code. This request must be sent to BNP Paribas Securities Services - CTS Service Assemblées - Les Grands Moulins de Pantin - 9, rue du Débarcadère, 93761 Pantin Cedex - France, or by e-mail:paris.bp2s.gis.assemblees@bnpparibas.com.

Holders of bearer shares may obtain these documents by sending their request to BNP Paribas Securities Services, together with a share ownership certificate delivered by their authorized intermediary managing their securities account.

Preliminary documents for the Annual General Meeting are available on the Company's website at http://www.safran-group.com(Finance/Annual General Meeting).

For further information you may contact the Shareholder Direction:

SAFRAN - Relations actionnaires

2, boulevard du Général Martial Valin - 75724 Paris Cedex 15

Safran is an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defense and space markets. Its core purpose is to contribute to a safer, more sustainableworld, where air transport is more environmentally friendly, comfortable and accessible. Safran has a global presence, with 79,000employees and sales of 16.5 billion euros in 2020 and holds, alone or in partnership, world or regional leadership positions in its core markets. Safran undertakes research and development programs to maintain the environmental priorities of its R&T and Innovation roadmap. Safran is listed on the Euronext Paris stock exchange and ispart of the CAC 40 and Euro Stoxx 50 indices.

For more information : www.safran-group.com/ Follow @Safranon Twitter

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Safran SA published this content on 05 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 May 2021 17:30:00 UTC.