CABASSE: Implementation of the share buyback program – Redemption of a block of 10,000 shares – 06/14/2024 at 6:00 p.m.


Plouzané, June 14, 2024 – 6:00 p.m. –

Cabasse (Euronext Growth

®

Paris – FR001400DIY6 – ALCAB)

a French luxury high-fidelity audio company, announces the implementation of its share buyback program, in accordance with the delegation adopted by the General Meeting of June 23, 2023 in its 6

th

Resolution.

On April 22, 2024, the Board of Directors decided to partially implement the share buyback program. Thus, the Company purchased off-market on June 11, 2024 a block of 10,000 of its own shares, representing 0.48% of its share capital. These securities were acquired for a total of 18,200 euros, or €1.82 per share.

The Company will use the 10,000 shares thus acquired in accordance with one of the formalities provided for, namely the implementation of stock option plans, free share allocation plans, employee shareholding reserved for members of a company savings plan, in accordance with the legal provisions in force, or allocation of shares for the benefit of employees and/or corporate officers of the Company and companies linked to it.

Cabasse does not intend to continue block buybacks for the moment.


ABOUT CABASSE

Created by Georges Cabasse in 1950, Cabasse is a French acoustics specialist who designs and markets

high-fidelity audio solutions (connected and passive speakers, amplifiers, etc.) intended for music enthusiasts. Equipped with the famous coaxial speakers, these luxury audio solutions allow sound reproduction and

unrivaled music.

The culmination of more than 70 years of innovation and acoustic engineering, Cabasse launched the THE PEARL range in 2018, a true collection of the most complete high-resolution active connected speakers on the global music market.

Luxury Home Audio

.

Cabasse is 32% owned by VEOM Group (Euronext Growth – FR0013530102 – ALVG), a leading European group in the world of Smart Home, pioneer of multi-room and streaming technologies.

Cabasse shares are listed on Euronext Growth® in Paris under the ISIN code FR001400DIY6 and the ticker code ALCAB.

More information on Cabasse.com.


NEWS

Investor relations

Matthew Omnes

Such. : + 33 (0)1 53 67 36 92

[email protected]


NEWS

Press relations

Amaury Dugast

Such. : + 33 (0)1 53 67 36 74

[email protected]


CABASSE

Alain Molinié

Chairman and CEO


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