Wavestone : Implementation of share buy-back program as agreed by the July 26, 2018 Annual General Meeting

In its meeting which took place on July 26, 2018, after the Annual General Meeting (AGM), Wavestone's Management Board decided the immediate implementation of the share buy-back program authorized by the AGM in application of L.225-209 et seq. of the French commercial code, articles 241-1 to 241-5 of the general regulations of the Autorité des Marchés Financiers (“AMF” – French stock market regulator), and of Regulation no. 2273/2003 of the European Commission dated December 22, 2003.

This share buy-back program is detailed in the “Document de reference 2017/18” document (in French), published on July 16, 2018 on the company website (www.wavestone.com), on the “Investisseurs” section.

About Wavestone

In a world where understanding transformation is the key to success, Wavestone's ambition is to provide its clients with advice that is unique in the market, enlightening and guiding them in their most strategic decisions.

Wavestone draws on some 2,800 employees in eight countries. It is a leading independent player in European consulting, and the number one in France.

Wavestone is listed on Euronext, Paris, and is eligible for the PEA-PME (a French investment instrument that encourages individuals to invest in smaller and intermediate-sized firms). Wavestone is recognized as a Great Place to Work^®.