Van de Velde : Acquisition of treasury shares

13.05.2024 - 18h00 Regulated information

Acquisition of treasury shares

In order to reduce the excess cash of the company the Board of Directors of Van de Velde NV proceeded with the purchase of shares on the market of Euronext Brussels. The following treasury shares have been acquired during the period of 2 May 2024 until and including 10 May 2024:

Transaction Date	Number of shares	Average price	Minimum price	Maximum price
		(€/share)	(€/share)	(€/share)
02/05/2024	1.300	32,80	32,55	32,95
03/05/2024	1.400	32,57	32,55	32,60
06/05/2024	1.299	32,72	32,65	32,80
07/05/2024	1.300	32,70	32,65	32,75
08/05/2024	-	0,00	0,00	0,00
09/05/2024	1.200	33,25	33,10	33,40
10/05/2024	889	33,05	33,00	33,10

Total number of shares = 7.388. Average price = 32,83 €/share. Total amount = 242.534,35 €.

The authorization to acquire own shares was granted to the Board of Directors on 27 April 2022 during the extraordinary meeting of shareholders.

On 10 May 2024, 312.801 own shares are held by Van de Velde NV, including the 11.000 shares that were already purchased in the context of a stock option plan. This represents 2,4 per cent of the total number of shares of Van de Velde NV.

Van de Velde creates fashionable lingerie of superior quality with its premium, complementary brands PrimaDonna, Marie Jo and Andres Sarda. 'We ignite the power in women': Van de Velde believes in the power of people, and the power 'in' women in particular. Our purpose is to enhance the self-confidence of women through fashionable lingerie and in-store service.

We work in close partnership with 3.600 independent lingerie boutiques worldwide. In addition, we have our own retail network with retail brands Rigby & Peller and Lincherie. Our geographical center of gravity is Europe and North America. Van de Velde employs almost 1.500 employees and is listed on Euronext Brussels.

CONTACTS

For more information, contact:

Van de Velde NV - Lageweg 4 - 9260 Schellebelle - [phone] - www.vandevelde.eu

Karel Verlinde CommV always represented by Karel Verlinde

Chief Executive Officer

Van de Velde NV - Lageweg 4 - 9260 Schellebelle - Belgium - T. [phone] - www.vandevelde.eu - [e-mail]