FIGEAC AERO: CONVENING OF THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS – ADJOURNMENT OF THE GENERAL MEETING OF ORNANE HOLDERS AND EXTENSION OF THE PARTIAL BUYBACK PERIOD OF ORNANE – 04/15/2022 at 6:30 p.m.

The FIGEAC AÉRO Group (ticker code: FGA) (the “

Company

), a reference partner of the major aerospace manufacturers, announces the convening of the extraordinary general meeting of shareholders in accordance with the terms of the agreement on the adjustment of its financial structure announced on April 5, 2022 (the ”

Deal

”), the adjournment of the general meeting of bondholders and the extension of the period of partial redemption of bonds with the option of redemption in cash and/or in new and/or existing shares.

Convocation of the extraordinary general meeting of shareholders

In accordance with the timetable set out in the press release published on April 5, 2022, the Company announces that the extraordinary general meeting of shareholders is called to meet on first call on May 20, 2022 at 11 a.m. at the Company’s registered office located at ZI de l’Aiguille – 46100 FIGEAC. A notice of meeting was published to this effect in the Bulletin des Annonces Légales Obligatoires today.

Shareholders will be asked to vote on the following agenda:

1. Modification of the characteristics of bonds redeemable in cash and/or in new and/or existing shares issued on October 18, 2017 (the “
   
   ORNANE
   
   ”) – Change in the conversion parity;

2. Modification of the terms of the 10
   
   ^th
   
   11
   
   ^th
   
   and 15
   
   ^th
   
   resolutions approved by the general meeting of shareholders of September 29, 2017, within the framework of the Amendments to the characteristics of the ORNANE;

3. Delegation of authority granted to the Board of Directors to decide on the issue of shares, with cancellation of shareholders’ preferential subscription rights in favor of named beneficiaries;

4. Cancellation of shareholders’ preferential subscription rights subject of the third resolution of the general meeting in favor of Tikehau Ace Capital or any entity affiliated with Tikehau Ace Capital;

5. Delegation of authority to be granted to the Board of Directors for the purpose of proceeding with the issue reserved for employees who are members of a company savings plan, with cancellation of the preferential subscription right for the benefit of the latter, of shares and /or securities giving access to new shares of the Company in accordance with Article L. 225-138-1 of the French Commercial Code.

As announced in the press release dated April 5, 2022, the completion of the capital increase reserved for Tikehau Ace Capital on the basis of the 3

^th

and 4

^th

resolutions above would be accompanied by a change in the composition of the Board of Directors of the Company (in line with the recommendations of the Middlenext Code). An additional notice will be published in the Bulletin des Annonces Légales Obligatoires in the coming days in order to modify the agenda and the text of the draft resolutions of the general meeting of shareholders to include certain additional resolutions for this purpose.

The Company reminds that the approval of all 1

^time

at 4

^th

resolutions put to the vote of the extraordinary general meeting of shareholders on May 20, 2022 is one of the conditions for the implementation of the adjustment of the financial structure as described in the press release dated April 5, 2022.

Postponement of the general meeting of ORNANE holders and extension of the period for implementing the partial redemption of ORNANEs

The Company announces that due to technical considerations, the general meeting of ORNANE holders called to meet on April 26, 2022 at 11 a.m. at the Company’s registered office located at ZI de l’Aiguille – 46100 FIGEAC, is adjourned. to May 9, 2022 at 11 a.m. A new notice of meeting will be published to this effect in the Bulletin des Annonces Légales Obligatoires in the coming days.

While the agenda will remain the same, the very text of the 1

^time

resolution on the agenda will be slightly modified.

Consequently, the remote voting or proxy forms received relating to the initial text of the resolutions will not be taken into account. Holders of ORNANEs who have already sent their remote voting or proxy forms will therefore be invited to renew their remote voting or proxy procedures by referring to the text of the resolutions as amended, so that they are taken into account. account.

The Company recalls that the approval of all the resolutions put to the vote of the general meeting of ORNANE holders is one of the conditions for the implementation of the adjustment of the financial structure as described in the press release dated April 5, 2022.

The Company also specifies that holders of ORNANEs who may be interested in the partial redemption proposal referred to in the press releases of April 5 and 11, 2022 may contact the Company or CIC Market Solutions ([email protected]) until on the date of the general meeting of ORNANE holders as adjourned, i.e. no later than May 9, 2022 at 11 a.m.

ABOUT FIGEAC AERO

The FIGEAC AÉRO Group, a benchmark partner for major aerospace manufacturers, specializes in the production of structural parts in light alloys and hard metals, engine parts, landing gear and sub-assemblies. An international group, FIGEAC AÉRO is present in France, the United States, Morocco, Mexico, Romania and Tunisia. As of March 31, 2021, the Group achieved annual revenue of €204.6 million.

WARNING

This press release contains forward-looking statements about FIGEAC AÉRO and in particular forward-looking statements relating to FIGEAC AÉRO’s ability to implement its operational optimization plan and the impact of this plan on FIGEAC AÉRO’s capacity. to limit the impact of the significant drop in activity linked to the Covid-19 crisis on the Group’s profitability. The use of certain words, such as “believe”, “potential”, “hope”, “should”, “aim” and other similar expressions or expressions, are intended to identify these forward-looking statements. Although the Company considers that its projections are based on current reasonable assumptions and expectations of its General Management, these forward-looking statements may be called into question by a certain number of known or unknown hazards and uncertainties, which could give rise to results materially different from those described, implied or anticipated, expressed or implied, in such forward-looking statements. These vagaries and uncertainties include in particular aircraft production rates from manufacturers. Moreover, even if the results, performance, financial situation and liquidity of the Company and the development of the industrial sector in which it operates are in line with such forward-looking statements, they cannot be predictive of results or developments in the future. These forward-looking statements speak only as of the date of the publication of this document. Subject to applicable regulations, the Company makes no commitment to update or revise the information contained in this press release, whether due to new information, future events or otherwise. Forward-looking information and statements are not guarantees of future performance and are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of FIGEAC AÉRO.

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