Cabasse strengthens its capital through debt conversion with VEOM Group

On February 5, 2026, Cabasse, a French high-fidelity audio company, announced a capital increase of €203,829.82 through debt conversion with its parent company, VEOM Group. This transaction resulted in the issuance of 78,396,086 new shares at a price of €0.0026 per share, without preferential subscription rights for existing shareholders.

The objective of this approach is to consolidate VEOM Group's participation, in anticipation of the Extraordinary General Meeting of February 13, 2026. This meeting aims to ensure the continuation of Cabasse's activity by deliberating on critical resolutions, including possible capital reductions.

With this issuance, VEOM Group's stake increases from 1.36% to 28.67% of the share capital. This transaction does not require a prospectus from the AMF (French Financial Markets Authority), as it is carried out solely through debt conversion.