Benoit DUFRESNE, Frederic LE BARS, Jean-Philippe FONTANA, Valérie BEZIADE, Jean-Jacques RONGERE, Jérémie LAURENT, Pierre VANHOUTTE, Loic VANDEVENTER, Caroline GRACMARTIG, Arnaud TUFFERY and Mathieu ROAD are managing shareholders and management members of ITESOFT proposed to acquire remaining 4.68% stake in Itesoft S.A. on January 12, 2024. The offer per share is ?4 per share. ITEMAN announces its intention to soon file on behalf of the Concert a draft OPR-RO with the Financial Markets Authority, relating to all ITESOFT shares not held directly or indirectly by the Concert namely 268,763 ITESOFT shares, at a price of 4.00 euros per ITESOFT share.

As of January 12, 2024, ITEMAN directly holds 36,352 shares of Itesoft representing 0.59% of the capital and 0.34% of theoretical voting rights and the Concert directly and indirectly holds 5,865,065 shares (Including 392,449 treasury shares) representing 95.62% of the capital and 93.41% of theoretical voting rights of the society. As announced on May 23, 2024, Following the public withdrawal offer initiated by the Concert and targeting ITESOFT shares which took place from May 3, 2024 to May 16, 2024 (inclusive) (the Offer ) and which was the subject of of a compliance decision from the AMF dated April 30, 2024. As of May 23, 2024, the Concert directly and indirectly 5,920,459 shares (Including 392,449 treasury shares) of ITESOFT, representing 96.52% of the capital and at least 97.59% of the theoretical voting rights from ITESOFT.

In accordance with May 23, 2024, the Mandatory Withdrawal will be implemented on June 4, 2024, at a price of ?4.00 per ITESOFT share. The Company's shares will be delisted from Euronext Paris on the day the Mandatory Withdrawal becomes effective. Public Withdrawal Offer is not subject to any condition providing for a minimum number of shares of the Company which must be tendered to the Public Withdrawal Offer for it to benefit from 'a positive outcome.

Furthermore, the Offer is not conditional on obtaining any regulatory authorization. Ghislain d'OUINCE of Aurys Evaluation will be appointed as an independent expert to Itesoft and on March 12, 2024, suggested rhe price of ?4.00 per ITESOFT share proposed for the Public Withdrawal Offer followed by a Mandatory Withdrawal is fair for minority shareholders.