This press release does not constitute an offer to acquire securities

PRESS RELEASE DATED JULY 20, 2021

CASH TENDER OFFER

for the shares of:

initiated by:

presented by:

Advising and presenting Bank and Guarantor

Advising and presenting Bank and Guarantor

Advising and presenting Bank

Advising and presenting Bank

Veolia is also advised by:

AVAILABILITY OF THE OFFER DOCUMENT PREPARED BY VEOLIA

TERMS OF THE OFFER

€19.85 per Suez share (distribution rights attached)

This press release was prepared by Veolia and made available to the public pursuant to Articles 231- 27 1° and 2° of the General Regulation of the Autorité des Marchés Financiers(the " AMF").

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This press release does not constitute an offer to acquire securities

IMPORTANT NOTICE

In the event the number of shares not tendered in the Offer by the minority shareholders of Suez does not represent, following the Offer, or, if applicable, of the Reopened Offer, more than 10% of the share capital and voting rights of Suez, Veolia intends, within a period of ten (10) trading days from the publication of the notice announcing the result of the Offer or, if applicable, at the latest within three (3) months following the closing of the Reopened Offer, in accordance with Article L. 433-4 II of the French Monetary and Financial Code and Articles 232-4 and 237-1 to 237-10 of the AMF General Regulation, to implement a squeeze-out to acquire the Suez shares not tendered in the Offer in exchange for compensation equal to the Offer price, after adjustments, where applicable.

Pursuant to Article L. 621-8 of the French Monetary and Financial Code and Article 231-23 of the AMF General Regulation, the AMF has, pursuant to its clearance decision regarding the tender offer for Suez shares dated July 20, 2021, granted visa no. 21-338 dated July 20, 2021 to the offer document prepared by Veolia.

Information relating in particular to the legal, financial and accounting characteristics of Veolia which supplements the offer document prepared by Veolia will be made available to the public no later than the day preceding the opening of the tender offer. A press release will be issued to inform the public of the manner in which the information will be made available.

This offer document is available on the website of the AMF (www.amf-france.org) and the website of Veolia (www.veolia.com) and may be obtained free of charge from:

Veolia Environnement

21, rue La Boétie 75008 Paris France

or

30, rue Madeleine Vionnet

93300 Aubervilliers

France

Crédit Agricole Corporate and Investment Bank

HSBC Continental Europe

12, place des États-Unis

38, avenue Kléber

CS 70052, 92547 Montrouge Cedex

75116 Paris

France

France

Morgan Stanley Europe SE

Bank of America Europe DAC (Branch in France)

61, rue de Monceau

51, rue La Boétie

75008 Paris

75008 Paris

France

France

Group Press Relations:

Laurent Obadia - Edouard de La Loyère Tel.+ 33 1 85 57 85 23 edouard.de-la-loyere@veolia.com

Investors & Analysts:

Ronald Wasylec - Ariane de Lamaze Tél. : +33 (0)1 85 57 84 76 / 84 80 investor-relations@veolia.com

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This press release does not constitute an offer to acquire securities

This press release has been prepared for informational purposes only and does not constitute an offer to acquire securities. The distribution of this press release, the tender offer and acceptance of the tender offer may be subject to legal restrictions in certain jurisdictions. Persons coming into possession of this press release must inform themselves of the applicable legal restrictions and comply with them. Veolia will not be liable for the violation of applicable legal restrictions by any person.

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Veolia Environnement SA published this content on 20 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 July 2021 15:53:04 UTC.