Societe Generale Completes 872 Million Euros Share Buyback Program for Cancellation

Societe Generale Completes €872 Million Share Buyback Program for Cancellation Purpose

Paris, France – April 9, 2025 – Societe Generale (Euronext Paris: SOGL) today announced the successful completion of its €872 million share buyback program, which was implemented for cancellation purposes.

The program, which was launched on [date] and authorized by the company's shareholders, aimed to repurchase up to €872 million worth of Societe Generale's shares. As of the program's completion, the bank has acquired a total of 54,321,111 shares, representing approximately 2.2% of its issued share capital.

The buyback program was implemented to optimize the company's capital structure, reduce its outstanding share count, and enhance its financial flexibility. The repurchased shares will be cancelled, thereby reducing the company's issued share capital and improving its earnings per share (EPS) ratio.

"We are pleased to have successfully completed our €872 million share buyback program, which reflects our commitment to creating value for our shareholders," said Societe Generale's Chief Financial Officer. "This program demonstrates our ability to efficiently manage our capital structure and optimize our financial performance."

The buyback program was executed in accordance with the applicable regulations and within the authorized limits. The shares were repurchased on the Euronext Paris market at prevailing market prices.

Societe Generale is a leading European financial services group that provides a wide range of financial services to individuals, professionals, and corporate clients. With a history dating back to 1867, the bank has a strong track record of innovation, stability, and growth. For more information, please visit our website at www.societegenerale.com.