Parrot Announces Share Buyback Program

Parrot has unveiled a share buyback program, approved at the Annual General Meeting on June 5, 2025. This program aims to stimulate the market and support the liquidity of its shares. Parrot currently does not own any shares, but intends to repurchase up to 10% of its share capital, or a maximum of 3,094,034 shares, at a maximum price of €40 per share.

The share buybacks will serve various purposes, such as market stimulation, acquisitions for external growth operations, or the fulfillment of employee stock option plans. The authorization is valid until December 4, 2026. Renewal of this authorization is planned for the shareholders' meeting on June 3, 2026.