Don't Nod Entertainment S.A. (ENXTPA:ALDNE) commences share repurchases on October 23, 2023, under the program mandated by the Annual General Meeting held on June 8, 2023. As per the mandate, the company is authorized to repurchase up to 10% of its issued share capital, such that the company?s holding in treasury together with the shares repurchased does not exceed 10% of its issued share capital at any point of time, for ?2 million. The shares will be repurchased at a maximum price of ?50 per share.

The purpose of the program is to ensure coverage of stock option plans and/or allocated share plans free of charge (or similar plans) for the benefit of employees and/or corporate officers of the group as well as all share allocations under a company or group savings plan, ensure coverage of transferable securities giving right to the allocation of shares of the company, keep the shares purchased and return shares later for exchange or payment as part of possible external growth operations and to proceed with the possible cancellation of the shares acquired. This program is valid for a period of 18 months.