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2025 Calendar

DATE

EVENT

NEGATIVE WINDOWS

 20 March

  2024 Annual Results

  SFAF Presentation

From 20/02/2025 to 20/03/2025 inclusive

 21 March

  Conference call to present annual results

 

 15 May

  Revenue from 

activities 

1st quarter 2025

From 30/04/2025 to 15/05/2025 inclusive

 12 June

  Annual Shareholder’s General Meeting

 

 18 September

  2025 Interim Results

  SFAF Presentation

From 18/08/2025 to 18/09/2025 inclusive

 19 September

  Conference call to present interim results 

 

 13 November

  Revenue from 

activities 

3rd quarter 2025

From 29/10/2025 to 13/11/2025 inclusive

 “Negative windows" are periods during which it is forbidden totrade in the Company's shares.

These negative windows, applicable to executives, persons assimilated to executives, insiders and all persons with regular or occasional access to inside information, have been determined in accordance with AMF position-recommendation N°2016- 08 of October 26, 2016, i.e. :

  • At least 30 calendar days before publication of annual and interim results,
  • 15 calendar days minimum before publication of quarterly financial information.

The obligation to abstain applies in all cases where the persons concerned are in possession of inside information that has not been made public.

The negative window opens on the date on which the issuer becomes aware of the insider information, and closes the day after the press release announcing it is issued to the public.

The possession of privileged information imposes obligations of abstention. It is therefore forbidden to:

  • communicate this information to a person outside the normal course of his or her work, profession or duties, or for purposes other than those for which it was communicated;
  • recommending that another person acquire or sell securities, or having another person acquire or sell securities;
  • use this information in acquiring, disposing of, attempting to acquire or dispose of the financial instruments to which this information relates.

Failure to comply with any of these obligations may result in a severe financial penalty, decided by the AMF Enforcement Committee.

In addition, such actions may constitute insider trading, which is punishable by law.