Return of the shares to European Topsoho and clarification of shareholding situation

Proceedings in relation to the transfer of 15.5% of the share capital of SMCP Return of the shares to European Topsoho and clarification of shareholding situation SMCP has been informed that, following the decision of the Singapore High Court on July 4th, 2025, the 15.5% stake of SMCP which had been transferred in 2021 to Dynamic Treasure Group has been returned to European Topsoho S.à r.l. (ETS) on August 11th, 2025. ETS was placed under bankruptcy proceedings in February 2023 and is currently managed by a curator under the supervision of the Luxembourg court. The return of the shares clarifies SMCP shareholding situation. The Group remains focused on executing its profitable growth strategy, leveraging on the desirability of its brands, its operational agility, and ongoing efforts in cost management.