The Board of Directors of Siparex Croissance authorized a tender offer on May 17, 2013. Under the program, Siparex will repurchase up to 517,242 shares, representing 41.2% of its share capital at the net unit price of €29 per share excluding all charges for €118.45 million. The repurchases will be made on the Euronext Paris.

The repurchased shares will be cancelled. The purpose of the program is to cancel and write-off the capital in the amount equal to the par value of the repurchased shares. The repurchases will be made pursuant to Article R225-18 of the Commercial Code.

The offer will end on May 20, 2013.