BALYO announces the holding of an Ordinary and Extraordinary General Meeting on October 23, 2024 with a view to a capital increase with maintenance of preferential subscription rights – 09/09/2024 at 6:45 p.m.

Arcueil, France, September 9, 2024, 6:45 p.m. CEST – BALYO (FR0013258399, Ticker: BALYO, PEA-PME eligible) (the “Company”), a technology leader in the design and development of innovative robotic solutions for handling trucks, announces that an ordinary and extraordinary general meeting (the “General Meeting”) will be held on October 23, 2024, at 11:00 a.m. (CEST), at the Company’s registered office located at 74 avenue Vladimir Ilitch Lénine – 94110 Arcueil, France, to propose a capital increase, with preferential subscription rights, of €36 million (the “Capital Increase”).

The prior notice of meeting will be published in the BALO (Bulletin des Annonces Légales Obligatoires) and will be available on the Company’s website, in the “Investors” > “General Meetings” section.

The purpose of this General Meeting is to approve the delegation to the Board of Directors to enable the Company to strengthen its balance sheet through the proposed Capital Increase. In addition to strengthening its balance sheet, the purpose of this Capital Increase is to enable the Company to meet its financing needs during the 12 months following the implementation of the Capital Increase.

For any questions, please contact the Investor Relations team at [email protected].