COL : Capital increase by free share allocation

ENR.GOFIM.429.1

Date: 06/06/2022

Notice N° AV-2022-051

(Only the french version prevails)

Event	Capital increase by free share allocation
Involved Instrument(s)	COLORADO

- NOTICE SUBJECT

Capital increase of "COLORADO" by free shares allocation with listed attribution right

- REFERENCES

-In accordance with the Royal Decree (Dahir) N°1-16-151 of 21st Dhou al Qi`da 1437 (25th August, 2016), relating to the law N°19-14 on the Stock Exchange, Brokerage Firms and Financial Advisors, namely sections 5 and 6 ;

-Given the provisions of the Stock Exchange's General Regulation, approved by Annex of the Ministerial Order N°2208-19 of the 29th Chaoual 1440 (July 3rd, 2019),

namely sections 2.3.16, 4.1.9, 4.1.10 and 4.1.11 ;

• Given the provisions of the AMMC Circular and particularly the corporate actions section ;
• In accordance with the decision of "COLORADO" extraordinary general meeting held on 29/04/2022, and in particular the resolution concerning the capital increase ;
  The following has been decided :
  .
• CHARACTERISTICS OF THE OPERATION

Date of Assembly	29/04/2022
Type of capital increase	Capital increase by free share allocation
Nominal value	10,00
Number of shares in issue	4.029.403
- CHARACTERISTICS OF NEW SHARES
Sector	Construction & Building Materials
Compartment	FIRST COMPARTMENT
Listing line	1st Line Shares

1

ENR.GOFIM.429.1

Date: 06/06/2022

Label	COLORADO
Securitie Ticker	COL
Dividende date	01/01/2022
Listing date	20/06/2022
Trading Mode	Continuous
- CHARACTERISTICS OF ATTRIBUTION RIGHT
Right label	DA COL 1/3 2022
Right ticker	ACOLB
Right ex date	13/06/2022
Right cotation date	16/06/2022
Right delisting date	16/06/2023

- TIMETABLE OF THE OPERATION

Number	Steps	Dates
1	Publication of the notice relating to the operation in the listing bulletin	06/06/2022
2	Allocation rights ex-date and adjustment of the value	13/06/2022
3	- Listing of the allocation rights	16/06/2022
- Start of the operation period
4	Delivery of new securities	17/06/2022
5	- Admission and assimilation of new shares	20/06/2022
- Announcement of the results of the operation in the listing bulletin
6	Delisting of the allocation right (accrording to the issuer request)	16/06/2023

- REFRENCE PRICE ADJUSTING

On the date, the Casablanca Stock Exchange will:

• Clear the order book for the security ;
• Adjust the reference price for the security according to the following formula:

Adjusted reference price = last trading price or adjusted price - reference price of the allocation right (*) - Difference of Dividends(**)

1. Reference price of the allocation right: Shares price the day before the ex-date of the allocation rights * New shares number / (New shares number + Ancient shares number) (**) In case of a difference in Due Dates .

2