The strategic choice of the Jumbo Group is to continue to invest, to respect the consumer and to reward its shareholders-partners.

Amongst other items on the agenda, today's meeting of the Board of Directors also addressed the status of the implementation of the resolution of the Extraordinary General Meeting of Shareholders of 26 September 2024, and the resolution of the Board of Directors of 30 September 2024, regarding the share buyback program:

• of a minimum price of 1 EUR per share and a maximum price of 27,20 EUR per share.

Jumbo had acquired 1,633,919 own shares, or 1.20% of the total number of shares, by 20 February 2025.

In 2024, the Jumbo Group's sales increased by approximately +6% compared to 2023.

In view of the above, the Board of Directors has decided to invite Jumbo's shareholders to an Extraordinary General Meeting on 19 March 2025 to vote on:

• an extraordinary cash distribution, from extraordinary reserves from taxed and undistributed profits of the previous year, of a gross amount of EUR 63.499.089,53 or EUR 0,4667 per share (out of 136.059.759 nominal shares of the Company).

Considering the number of treasury shares currently held today by the Company, the total amount of EUR 63.499.089,53 corresponds to a gross amount of EUR 0,4724 per share.

The final amount of the extraordinary cash distribution per share will be adjusted upwards to account for the number of treasury shares on the record date, since treasury shares are not entitled to an extraordinary cash distribution payment and the extraordinary cash distribution amount corresponding to the treasury shares increases the amount of extraordinary cash distribution per share distributable to the remaining shares.

If the General Meeting of Shareholders approves the payment of the extraordinary cash distribution, the cut-off date of the right will be at 24 March 2025.

The record date will be 26 March 2025. The payment date of the extraordinary cash distribution will be 31 March 2025.