Aubay Société Anonyme (ENXTPA:AUB) commences share repurchases on May 21, 2024, under the program mandated by shareholders in the Annual General Meeting held on May 14, 2024. As per the mandate, the company is authorized to repurchase its own shares in a manner such that at the date of each purchase, the total number of shares purchased by the company since the beginning of the purchase program (including those subject to that purchase) does not exceed 10% of the shares making up the company's share capital at that date. The shares will be repurchased at a maximum purchase price at ?100 per share.

The repurchased shares may be held, sold, transferred or cancelled, subject to approval by this Annual General Meeting authorizing such cancellations. The authorization is valid for a period of 18 months until November 14, 2025.