FIGEAC AERO: IMPLEMENTATION OF THE CAPITAL INCREASE RESERVED FOR TIKEHAU ACE CAPITAL FOR A TOTAL AMOUNT OF EUR 53.5 M (ISSUE PREMIUM INCLUDED) – 06/16/2022 at 17:35

• Capital increase reserved for Ace Aéro Partenaires, an entity affiliated with Tikehau Ace Capital, for a total amount of €53.5 million following the approval by the Commercial Court of Toulouse on June 9, 2022 of the conciliation protocol concluded in particular with bank creditors;
  

• Completion of all operations related to the financial restructuring of the Company scheduled for June 20, 2022.
  

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

Company

“), a reference partner of the major aeronautical manufacturers, announces, in accordance with the terms of the agreement on the adjustment of its financial structure announced on April 5, 2022 and taking into account the approval by the Commercial Court of Toulouse of the conciliation protocol by a judgment dated June 9, 2022, the implementation of the capital increase with cancellation of the preferential subscription right for the benefit of Ace Aéro Partenaires, an entity affiliated with Tikehau Ace Capital, for a total amount , issue premium included, of €53,499,997.60 (including €1,146,428.52 nominal value and €52,353,569.08 issue premium) through the issue of 9,553,571 new shares at unit price of €5.60, including €0.12 nominal value and €5.48 unit issue premium. It is recalled that the capital increase reserved for Ace Aéro Partenaires, an entity affiliated with Tikehau Ace Capital, was the subject of a relaunch prospectus approved by the Autorité des Marchés Financiers on May 10, 2022 under number 22- 140.

The settlement-delivery operations of the 9,553,571 new shares as part of the capital increase reserved for Ace Aéro Partenaires and the sale of 803,572 existing shares of the Company by Mr. Jean-Claude Maillard to Ace Aéro Partenaires will take place simultaneously on June 20, 2022, the date of completion of all the operations related to the financial restructuring of the Company, also including the entry into force of the terms and conditions of the ORNANE as amended, the completion of the partial buyback of 777 605 ORNANE announced by the Company on May 9, 2022 for a total nominal amount of €20 million, the issue of bonds reserved for Ace Aéro Partenaires for a nominal amount of €10 million, the entry into force of the rescheduling of the main bank financing for the Company until 2028 and the provision of an envelope of €66 million for “Aero” PGEs.

The shareholding structure after completion of the capital increase reserved for Ace Aéro Partenaires and the sale of existing Company shares by Mr. Jean-Claude Maillard to Ace Aéro Partenaires will be as follows:

The Company has asked Euronext to suspend the listing of its share (FR0011665280) on Euronext, as of market close today, and pending a press release.

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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