DON’T NOD: DESCRIPTION OF THE SHARE BUYBACK PROGRAM AND SIGNATURE OF A SHARE BUYBACK AGREEMENT – 10/16/2023 at 6:15 p.m.

Paris, October 16, 2023 – DON’T NOD, independent publisher and studio for the development and publishing of video games, publishes the description of its share buyback program established in accordance with the provisions of articles 241-1 et seq. of the regulations general of the AMF and announces that it has concluded, with a view to its implementation, a share repurchase agreement with an investment services provider.

The objectives of this share buyback program as authorized by the Combined General Meeting of June 8, 2023 (13

^th

resolution) are as follows:

• ensure the animation of the secondary market or the liquidity of the Company’s shares within the framework of a liquidity contract concluded with an investment services provider, in accordance with the practice accepted by the regulations, it being specified that in this context, the number of The shares taken into account for the calculation of the above-mentioned limit correspond to the number of shares purchased, less the number of shares resold;

• ensure coverage of stock option plans and/or free share plans (or similar plans) for the benefit of employees and/or corporate officers of the group as well as all share allocations under a company or group savings plan (or similar plan), for participation in the company’s results and/or all other forms of allocation of shares to employees and/or agents social of the group;

• ensure coverage of transferable securities giving right to the allocation of shares in the company within the framework of the regulations in force;

• to retain the shares purchased and subsequently remit shares for exchange or as payment in the context of possible external growth operations;

• to proceed with the possible cancellation of the acquired shares.

The securities concerned by this program are the shares issued by the company DON’T NOD Entertainment (ISIN code FR0013331212) listed on the Euronext Growth® market.

The Company will ensure that the achievement of the objectives is carried out in compliance with the regulations in force.

The implementation of this program falls within the framework of the provisions of articles 241-1 to 241-7 of the general regulation of the Financial Markets Authority and Regulation (EU) No. 596/2014 of April 16, 2014 on market abuse.

The General Assembly set:

• the maximum number of shares to be acquired at 10% of the total number of shares making up the share capital, i.e. to date 1,306,997 shares;

• the maximum purchase price of €50 per share excluding fees;

• and the maximum amount allocated to this program at two million euros (€2,000,000).

This authorization was given by the Combined General Meeting of June 8, 2023 for a period of 18 months, i.e. until December 8, 2024.

This publication is available at the head office, on the company’s website www.dont-nod.com as well as on the AMF website.

About DON’T NOD

DON’T NOD is an independent publisher and developer based in Paris and Montreal, creator of original narrative games in adventure genres (LIFE is STRANGE

^TM

TELL ME WHY

^TM

TWIN MIRROR

^TM

), RPG (VAMPYR

^TM

) and action (REMEMBER ME

^TM

). The studio is internationally recognized for its unique narrative experiences, featuring powerful stories and endearing characters, and has worked with major industry publishers: Square Enix, Microsoft, Bandai Namco Entertainment, Focus Entertainment and Capcom. DON’T NOD now aims to create and edit its own Intellectual Properties, developed internally, as well as to share its knowledge and experience, in order to collaborate with third-party developers whose editorial vision resonates with that of the company.

Enter the immersive and innovative world of the studio on the dont-nod.com website

DON’T NOD (ISIN code: FR0013331212 – ALDNE) is listed on Euronext Growth Paris

© Copyright Actusnews Wire

Receive future company press releases free of charge by email by subscribing to www.actusnews.com