Waga Energy: Filing of a draft note in response to a simplified takeover bid

Waga Energy has announced the filing of its draft memorandum in response to the simplified public tender offer (OPA) initiated by Box BidCo SAS. This approach was disclosed on October 2, 2025 in accordance with the standards of the Financial Markets Authority (AMF). The draft is still under review by the AMF.

Box BidCo is offering €21.55 per Waga Energy share, with the possibility of an additional price of up to €2.15. The offer, which covers all unowned shares, is mandatory due to Box BidCo crossing the 30% threshold of Waga Energy's capital.

The offer, which may be followed by a mandatory squeeze-out, will last 15 trading days. Shares held by treasury stockholders or through specific stock option plans are not affected.

The terms of the project remain subject to review by the AMF, and financial details will be presented before the opening of the offer. It should be noted that the takeover bid does not extend to the United States.