Accor announces that it has reached an agreement with Mutris, a Moroccan investment company made up of private and institutional investors, under which Accor will sell its 33% stake in Risma, Morocco's leading listed hotel operator, to Mutris at a price of 130 dirhams per share, and will sell the Risma bonds it holds on the market.

The transaction is expected to be completed in the third quarter of 2023.

The transaction will have no impact on current contractual agreements between Accor and Risma, which remain unchanged, Accor adds.

By reorganizing its capital structure in Morocco, the Group is continuing the simplification of its minority interests already underway with the sale of Orbis (Poland) in 2020 and H World Group (China) in 2023.

Accor is also strengthening its resources to accelerate
, through AGM, the Group's development in Morocco, and to continue to play a major role
in promoting and raising the profile of this destination worldwide.

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