METAVISIO (THOMSON COMPUTING): METAVISIO (THOMSON COMPUTING) OBTAINS REFERENCE AND ACCREDITATION FROM THE INDIAN GOVERNMENT TO PRODUCE AND DELIVER ALL OF ITS IT SOLUTIONS IN ITS TERRITORY. – 23/08/2023 at 17:45

METAVISIO (THOMSON COMPUTING) OBTAINS REFERENCE AND ACCREDITATION FROM THE INDIAN GOVERNMENT TO PRODUCE AND DELIVER ALL OF ITS IT SOLUTIONS IN ITS TERRITORY.

IN ORDER TO SUPPORT THE ACCELERATION OF ITS GROWTH, METAVISIO IS IMPLEMENTING INNOVATIVE EQUITY FINANCING (PACT®) WITHIN THE LIMIT OF 3 MILLION SHARES.

PONTAULT-COMBAULT, August 21, 2023 – METAVISIO (FR00140066X4; mnemonic code: ALTHO), a French company specializing in the design, production and marketing of portable computers, announces today that it has obtained from the Indian government the referencing and accreditation to produce and deliver all of its IT solutions on its territory.

In order to support the acceleration of its growth, METAVISIO is implementing a Term Capital Increase Program (PACT®) with Alpha Blue Ocean (the “Investor”) within the limit of 3 million shares.

This equity financing will strengthen the financial visibility of METAVISIO, already present in 24 countries at the start of 2023, in order to finance the development of its international activity, in particular in all the new countries opened in 2023 and which have all placed orders for delivery between August and September 2023, with a firm order pipeline of around €15 million including first orders from 13 new countries.

The Indian subsidiary has just been validated last week on the government tender site (GEM) as an OEM able to supply Made in India through a partnership with a major local assembly and manufacturing plant.

This certification, which has become more complicated as the government wanted to promote local manufacturing, is required to authorize METAVISIO to respond to any major call for tenders via this platform, which could start today.

At the same time, the Indian government banned Chinese brands from responding to calls for tenders in India at the start of the year, depriving Lenovo, the world number one, of this very important opportunity.

Also in India, B to C sales will begin next month with the first deliveries of products to retailers and online businesses, following product validation to the BIS Indian standard.

Regarding the PACT, the Investor has undertaken to subscribe, as of today and for a period of 24 months, at the request of METAVISIO, to capital increases in tranches of between 0.5 and 1 million shares, within the overall limit of 3 million

of shares. These capital increases will be carried out on the basis of the 10th resolution of the combined general meeting of shareholders of June 26, 2023 (as renewed if necessary).

For information, based on the last closing price of the METAVISIO share on Euronext Paris, i.e. 0.9 euros, the amount of equity contribution likely to be raised would be around 2.7 million euros. euros.

The PACT completes the new supplier and trade receivable financing tools developed with You Trade (supplier financing), Eudebex (factoring company), and BOOTZ 24 (factoring company).

Features of the PACT

For each tranche fully subscribed by the Investor, 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 next to.

For each tranche, and after delivery of the METAVISIO shares subject to the corresponding capital increase, 80% of the issue proceeds will be placed in a segregated account. The balance of the issue proceeds will be retained by METAVISIO.

According to pre-established trading rules for each tranche, the Investor will be responsible for selling, in an orderly manner, the METAVISIO shares thus subscribed. 95% of the sale proceeds will be transferred monthly to METAVISIO, directly by the Investor or by drawing on the segregated account referred to above.

METAVISIO has no drawdown obligation and will use this innovative financing solution only if necessary and if market conditions allow for optimal implementation, in the best interest of METAVISIO and its shareholders.

At each draw, 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 the visa of the Autorité des marchés financiers.

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

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The Investor’s commitment relates to a number of shares to be subscribed and not to a subscription amount.

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The amount ultimately obtained by METAVISIO will depend on the market price of the share on Euronext Paris when each tranche is drawn and the evolution of the market price during the periods of orderly disposal of the shares subscribed by the Investor. If the market price of the METAVISIO share shows a downward trend after a drawing, METAVISIO will ultimately receive an amount lower than the issue proceeds initially paid by the Investor for the tranche concerned.

As an indication, a shareholder holding 1% of the capital prior to the implementation of the operation would only hold 0.75% of the capital, assuming that it was used in full.

Stephan Français, CEO of METAVISIO, declares: “Last week was one of the most important since the creation of the company. We obtained, after 18 months of waiting with the Indian government, our referencing and our

accreditation to produce and deliver all of our IT solutions. The implementation of this innovative financing solution therefore seems necessary to us to enable us to finance these new orders and thus accelerate our growth in the 2nd half.

I would like to thank Capital Système Investissements, an investment company that has supported METAVISIO since 2017, which acted as arranger in this operation.

Our ambition is now to become the 1st French and European manufacturer to be able to deliver on all continents”

Frédéric Sutterlin, Venture Partner at Alpha Blue Ocean, adds: “This financial partnership with Metavisio is a real satisfaction. This makes it possible to finance a group using the age-old Thomson brand and to contribute to the relocation to France of the design and sale of computers in the face of the American and Chinese behemoths. This operation should enable the group to accelerate its growth after a period penalized by a sluggish world market for the sale of PCs. »

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About METAVISIO (THOMSON Computing) Founded in 2013, METAVISIO is a French company specializing in the research, design, marketing and sale of personal computing products – computers, tablets and computer peripherals – sold under the exclusive license of the THOMSON brand. computing. Present in more than 15 countries through numerous distribution networks, METAVISIO’s mission is to build an international consumer IT brand thanks to a competitive business model of “technology at the best price” with high-performance products positioned in the entry and mid-range.

METAVISIO is labeled Innovative Company by BPI France and is listed on the Euronext Growth Paris market (ISIN: FR00140066X4). The METAVISIO action is eligible for the PEA-PME. More information on: www.metavisio.eu

METAVISIO contacts

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