BRIEF

on QUANTEL (EPA:QUA)

Half-Yearly Review of the Lumibird Liquidity Contract

As of June 30, 2025, Lumibird's liquidity contract with TP ICAP (Europe) includes 33,425 shares and €250,208.85 in cash. During the first half of 2025, 55,082 shares were purchased for €623,880.16 in 311 transactions, while 66,360 shares were sold for €778,969.85 in 310 transactions.

For comparison, as of December 31, 2024, the liquidity account contained 44,703 securities and €96,702.01. Since the liquidity contract was launched in March 2019, there were initially 5,683 securities and €319,729.50. Lumibird, formed from the merger between Keopsys and Quantel, specializes in lasers and generated revenue of €207.1 million in 2024.

R. H.

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