Transfer of Beech Tree shares to the Alasol Foundation by Ipsen

On December 5, 2025, Ipsen announced that the Beech Tree shares held by Henri Beaufour will be transferred to the Alasol Foundation. This transfer, scheduled for early 2026, respects the wishes of the late Henri Beaufour, a member of Ipsen's Board of Directors. Beech Tree, a holding company, owns a significant portion of Ipsen's capital through Mr. Beaufour. The Alasol Foundation, established by Mr. Beaufour, works to educate underprivileged children. This move will not affect the shareholders' agreement between Beech Tree and Highrock, ensuring the continuity of existing commitments. Finalization is subject to the necessary regulatory approvals.