Picard Groupe S.A.S.

PICARD GROUPE S.A.S.

(the "Issuer")

DIRECTORATE CHANGE

The Issuer wishes to announce the following directorate changes:

• the resignation of Cathy Collart-Geiger as a director of the Issuer with effect from 11 August 2023; and
• the appointment of Guillaume Degauque as a director of the Issuer with effect from 11 August 2023.

All enquiries in relation to this announcement should be addressed to:

CAREY OLSEN CORPORATE FINANCE LIMITED

Listing Agent

Tel: 01534 888 900