Pierre & Vacances Share Buyback Program

The Pierre & Vacances Group announces the launch of its share buyback program, in accordance with Article 241-2 of the General Regulation of the French Financial Markets Authority (AMF). This program, approved at the Annual General Meeting on February 12, 2026, aims to achieve several strategic objectives, such as stimulating market activity through a liquidity contract and issuing shares to corporate officers or employees.

The company also intends to use these shares for external growth operations and plans, subject to a vote, to cancel certain shares. The program authorizes the acquisition of a maximum of 10% of the total share capital with a purchase price capped at €8 per share. The program has a duration of 18 months from its approval date.

To ensure transparency, any significant changes will be communicated to the public, in accordance with AMF guidelines. Currently, Pierre & Vacances holds 128,282 treasury shares, representing 0.03% of its share capital.