Fnac Darty : long-term credit ratings

Ivry-sur-Seine, France, March 4, 2024

Fnac Darty's long-term credit ratings

On February 23, 2024, Scope Ratings reaffirmed Fnac Darty's corporate rating at BBB with a revised outlook from negative to stable. On February 26, 2024, S&P reaffirmed Fnac Darty's corporate rating at BB+ with a negative outlook. Finally, the rating granted by Fitch Ratings is BB+ with a stable outlook.

The Group's senior unsecured Bonds are rated BB+ (S&P and Fitch Ratings) and BBB (Scope Ratings).

Fnac Darty reminds that the only solicited ratings on the Group, to date, are those of Standard & Poor's (S&P), Fitch Ratings and Scope Ratings with whom the Group communicates on a regular basis as part of a solicited rating. The Group provides these 3 rating agencies, in particular through interviews with the management of the Group, with accurate information regarding its strategy and financial policy, which is necessary to carry out their analyzes.

At the same time, Fnac Darty remains attentive to the optimization of its capital structure. As such, the Group regularly and opportunistically evaluates strategic options that may arise, which may involve financing operations on public or private capital markets, bank loans or the use of other financial instruments.

CONTACTS

ANALYSTS / INVESTORS

Domitille Vielle - Head of Investor Relations - [e-mail]- [phone]

Laura Parisot - Investor Relations - [e-mail]- [phone]

PRESS

Audrey Bouchard - Head of Media Relations and Reputation - [e-mail]- [phone]