In July 2023, Safran (Euronext Paris: SAF) announced that it would launch a Euro 1 billion share buyback for cancellation to be carried out in 2024 and 2025.

In that respect, on June 28, 2024, Safran has entered into an agreement with an investment services provider for a first tranche of this share buyback for cancellation. Under the terms of this agreement, Safran will repurchase its own shares (ISIN FR0000073272) for a maximum amount of Euro 250 million from July 1, 2024 and no later than September 13, 2024.

This operation will be carried out in accordance with the authorization granted on May 23, 2024 by the shareholders' General Meeting that has set the maximum purchase price at Euro 300 per share.

Contact:

Catherine Malek

Safran

Email: catherine.malek@safrangroup.com

Armelle Gary

Safran

Tel: +33 1 40 60 82 46

Email: armelle.gary@safrangroup.com

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