METAVISIO (THOMSON COMPUTING): METAVISIO – THOMSON ANNOUNCES THE FINAL DISCONTINUATION OF OCA (CONVERTIBLE BONDS INTO EQUITY) in order to finance its growth for the second half of the year through a capital increase without discount – 06/16/2024 at 9:00 p.m.: 30

METAVISIO – THOMSON ANNOUNCES THE FINAL DISCONTINUATION OF OCAs (CONVERTIBLE BONDS INTO ACTION) in order to finance its growth for the second half of the year through a capital increase without discount

PONTAULT-COMBAULT, June 16, 2024 – METAVISIO – THOMSON Computing (FR00140066X4; mnemonic code: ALTHO), a French company specializing in the design and marketing of portable computers, announces today, in view of its good results and its growth, the additional equity necessary to deliver on time all orders for the second half of 2024 (85% of turnover is achieved each year in the second half), the arrival of capital in the Gestys and Sully funds, and the renewal of its Term Capital Increase Program (PACT

®

) with the Global Tech Opportunities fund.

The Gestys fund invests 380,000 euros on the basis of 0.80 euros per share, or 475,000 securities.

The Sully fund invested 220,000 euros on the basis of 0.80 euros per share, or 275,000 shares.

The Global Tech Opportunities fund has committed to subscribing, from this day forward and for a period of 24 months,

at the request of METAVISIO

, to capital increases in tranches of 1 million shares, within the overall limit of 4 million shares. These capital increases without discount will be carried out on the basis of the 18

^th

resolution of the combined general meeting of shareholders of May 16, 2024 (as renewed).

Characteristics of PACT®

For each tranche fully subscribed by Global Tech Opportunities, the issue price of the new METAVISIO shares will be equal to the volume-weighted average price of the METAVISIO share on Euronext Paris during the three trading sessions preceding the drawdown request,

without discount

.

METAVISIO has no obligation to draw on the PACT

®

and will use this innovative financing solution only when necessary and if market conditions allow optimal implementation.

Global Tech Opportunities will be responsible for transferring, in an orderly manner, the METAVISIO shares thus subscribed to. 95% of the sale proceeds will be paid monthly to METAVISIO.

To avoid any downward pressure on the stock price, the intervention rules are clear: no downward selling and participation in volumes when the stock price increases within the limit of 20% of the volumes traded. These two elements are very important.

Stéphan Français, Chairman and CEO of METAVISIO, declares: “

I am the first to be affected by the share price because I brought all my personal assets to the METAVISIO company. This solution is the safest for me because I have complete control over it. It will only be used if necessary. As I said, we have a presence in many countries and sales are achieved on average at 85% in the second half (back to school, black Friday, Christmas, sales to be delivered in December, etc.). We must be ready to deliver to everyone at the same time. »

At each drawing, the number of shares issued under this agreement and admitted to trading will be the subject of a Euronext notice as well as a specific communication on the METAVISIO website.

This operation does not give rise to the preparation of a prospectus subject to approval by the Financial Markets Authority.

METAVISIO draws investors’ attention to the following risks associated with PACT®:

• The amount obtained
  
  ultimately
  
  by METAVISIO will depend on the evolution of the stock price of the share on Euronext Paris during the drawing of each tranche and on the evolution of the stock price during the orderly transfer periods of the shares subscribed by Global Tech Opportunities.

This new equity financing will make it possible to strengthen the NOTEBOOK visibility of METAVISIO – THOMSON, in order to accelerate the development of its activity, while diversifying its sources of financing, without ever relying on convertible bond solutions with discounts.

Stéphan Français, Chairman and CEO of METAVISIO, declares:

“

I would like to point out (see updated capitalization table) that since the start of 2024, I have personally put all my financial savings (1.25 million euros) and real estate into the company to enable us to succeed in exceeding 100 million euros in turnover and thus, in a difficult France, achieve a record year from 2024.

At the dawn of a strong acceleration in our growth which places strain on our financial structure, I am delighted that the Gestys, Sully and Global Tech Opportunities funds are supporting our growth, just before the second half of 2024 which will already be the most important in our history. started 11 years ago, because we will deliver to 52 countries including India and China (2 countries with 3 billion people).

We validated, in the presence of numerous shareholders and unanimously, the integration of the profits for the year 2023, without taking 1 euro of dividend, and unanimously approved all the points including the increases in equity capital for already reach today around 25 million euros and reach our target of 30 million euros in equity this year.

This additional financing is essential for the deployment of our THOMSON brand and our products around the world, because we already have more than 28 million euros in pending orders in Europe, 23 million dollars in orders in India, and we are still waiting the first orders from our Chinese partner PEOPLE which will arrive upon the inauguration of the joint subsidiary METAVISIO Shenzhen, scheduled for July 2024.

I would like to personally thank all the kind people who allowed me and my team to get to this point. I am determined to succeed, it is the French story of a David, agile and innovative: THOMSON, against the Goliaths of IT victims of their masses.

This year, in Europe, orders are delivered every week and are growing strongly. In the rest of the world, we are also making progress by taking advantage of this geopolitical duality between the Chinese and the Americans, which already allows us to finish the first half of the year strong, but above all to meet the objectives of the 2024 Business Plan.

I have aligned all of my interests with you, by putting all my assets in the METAVISIO – THOMSON company. This is the best way to show you my determination to deliver my orders, achieve the 100 million euros targeted this year, and thus give its true value on the stock market and in market shares, thus rewarding the work accomplished over the past 11 years. by an exceptional team. “.

About METAVISIO-THOMSON Computing

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