BRIEF

on MAAT PHARMA (isin : FR0012634822)

Crossing Thresholds at MAAT PHARMA

On November 19, 2025, MAAT PHARMA announced that Invus Public Equities, LP, based in Bermuda, had crossed the 5% threshold of MAAT PHARMA's share capital and voting rights. This announcement follows a capital increase to which Invus subscribed.

This increase to 6.24% of the share capital, representing 1,170,833 shares, was formally notified by letter and constitutes a significant change in the shareholding structure of MAAT PHARMA. The acquisition is controlled by Mr. Raymond Debanne through Invus.

This operation is part of a capital increase by MAAT PHARMA, as detailed in a press release dated November 14, 2025.

R. P.

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