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Appointment of an independent expert for the takeover bid for Cogelec

On August 28, 2025, Cogelec announced the appointment of Crowe HAF as independent expert to assess the financial terms of the simplified public tender offer (OPAS) for its shares. This decision follows the agreement signed on July 31, 2025 for the full acquisition of Cogelec Développement shares by Legrand France. The purchase price is set at €29 per share.

The selection of Crowe HAF was approved by Cogelec's Board of Directors, following the recommendation of an ad hoc committee composed of directors, including Dominique Druon and Brigitte Geny. The expert will provide a detailed report that will help the Board of Directors formulate a reasoned opinion on the takeover bid. This report is part of the regulatory framework defined by the Autorité des Marchés Financiers.

R. H.

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