Lagardere SA announced This notice must be read in conjunction with the tender offer memorandum dated 27 September 2021 (the "Tender Offer Memorandum"). Capitalised terms used in this notice and not otherwise defined herein shall have the meanings ascribed to them in the Tender Offer Memorandum. On 27 September 2021, the Company announced the launch of a Tender Offer to Qualifying Holders (as defined in the Tender Offer Memorandum) of the Existing Bonds. Under the terms of the Tender Offer, Qualifying Holders (subject to offer restrictions) were invited to tender their Existing Bonds for purchase by the Company for a cash amount, equal to the Tender Consideration and the Accrued Interest Amount upon the terms and conditions of the Tender Offer as described in the Tender Offer Memorandum. Subject to satisfaction or waiver of the Transaction Condition and acceptance by the Company of valid tenders of Existing Bonds, the Company announced the indicative results of the Tender Offer as follows: The aggregate principal amount of Existing Bonds accepted for purchase by the Company is: 150,000,000. The Pro-Ration Factor: 61.08% The purchase by the Company of any Existing Bonds pursuant to the Tender Offer is conditional upon satisfaction or waiver of the Transaction Condition by the Company. Any charges, costs and expenses charged by the Qualifying Holders intermediary shall be borne by such Qualifying Holders. The Company will announce, as soon as practicable following the Pricing Time (i) whether it will accept, subject to satisfaction or waiver of the Transaction Condition, for purchase any offer of Existing Bonds; and if so (ii) the aggregate principal amount of Existing Bonds accepted for purchase, (iii) the Pro-Ration Factor (if any), (iv) the Accrued Interest in respect of Existing Bonds accepted for purchase, (v) the Interpolated Mid-Swap Rate and the Tender Offer Price and (vi) the aggregate principal amount of Existing Bonds that remains outstanding after the Settlement Date. on 5 October 2021, the Dealer Managers will calculate the relevant price (expressed as a percentage) payable in respect of each 100,000 in principal amount of Existing Bonds validly submitted for tender and accepted by the Company pursuant to the Tender Offer in accordance with the pricing formula described herein.