– Invexans Limited successfully completed the sale of 2.2 million shares of Nexans, through a placement to institutional investors.

– After the sale, its stake in Nexans was reduced from 14.2% to 9.2%.

September 4, 2025.- Invexans Limited successfully completed the sale of 2.2 million shares of Nexans, equivalent to a 5% equity stake in that company, through a placement to institutional investors.

The sale closed at a price of €121.5 per share, generating proceeds of US$310.2 million for Invexans. The operation was carried out through an «accelerated bookbuilding offering», with Goldman Sachs International and Société Générale acting as global coordinators and joint bookrunners. Lazard served as financial advisor to Invexans Limited.

Following today’s sale, Invexans Limited stake in Nexans was reduced from 14.2% to 9.2%. As a result of its holding dropping below 10%, the governance letter dated October 25, 2022, between Invexans and Nexans, was automatically terminated in accordance with its terms.

Upon completing the transaction, Invexans granted a 90-day lock-up period to the joint global coordinators and joint bookrunners for itself and its affiliates, subject to customary exceptions.