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PRESS RELEASE – AUGUST 4, 2025


Investor conference calls ahead of the launch of a potential €500 million 8-year bond issue
Subject to the successful completion of the bond issue, subsequent make-whole redemption
of the bonds maturing in February 2027 with outstanding principal of €500 million

Wendel announces that it will hold a series of conference calls with investors today in connection with the potential
launch of a 8-year bond issue for a nominal amount of €500 million (the “2033 Bond Issue”) in the coming days, subject
to market conditions.

Wendel intends, subject to the successful settlement and delivery of the 2033 Bond Issue, to exercise its early make-
whole redemption option on all of the bond bearing an interest rate of 2.50% maturing in February 2027, with an
outstanding nominal amount of €500 million (ISIN FR0012516417), at a price determined in accordance with the
provisions of the terms and conditions of these bond.

The 2027 bond is traded, and the new 2033 bond would be traded, on the regulated market of Euronext Paris.

These transactions would enable Wendel to extend the average maturity of its bond debt.

The result and final terms of the 2033 Bond Issue would be announced upon closing of the transaction.

The 2033 Bond Issue would be conducted by Crédit Agricole Corporate and Investment Bank, Crédit Industriel et
Commercial S.A., Mediobanca - Banca di Credito Finanziario S.p.A., Natixis and Société Générale as bookrunners.




Disclaimer
This press release does not constitute an offer, or an invitation to apply for, or an offer or invitation to purchase or subscribe for any
securities either in the United States or in any other jurisdiction which may be subject to restrictions. These securities may not be
offered or sold in the United States of America unless they are registered or exempt from registration under the US Securities Act of
1933, as amended.

This press release is an advertisement and not a prospectus within the meaning of Regulation (EU) 2017/1129, as amended (the
“Prospectus Regulation”). A prospectus will be prepared and made available to the public, in compliance with the Prospectus
Regulation, for the purpose of admitting the 2033 bonds to trading on the regulated market of Euronext Paris.

This press release does not constitute an offer of securities in France or in any other country. The 2033 bonds are the subject of a
private placement in France to qualified investors as defined in Article 2(e) of the Prospectus Regulation and in accordance with
Article L.411-2 of the Monetary and Financial Code, and outside France. As of the date of this press release, no prospectus related
to the placement of the 2033 bonds has been approved by a competent authority of any European Economic Area Member State.

Wendel will undertake no action as part of this placement with a view to making an offer to the public (other than to qualified investors)
in France or abroad.

In the United Kingdom, this press release may be sent to qualified investors as defined in Article 2(e) of the Prospectus Regulation
as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 only under circumstances wherein
section 21(1) of the Financial Services and Markets Act 2000 does not apply.

The dissemination of this press release in any country where such dissemination could constitute a violation of applicable
legislation is prohibited.
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About Wendel
Wendel is one of Europe’s leading listed investment firms. Regarding its principal investment strategy, the Group invests in companies which are leaders in their field, such as
ACAMS, Bureau Veritas, Crisis Prevention Institute, Globeducate, IHS Towers, Scalian, Stahl and Tarkett. In 2023, Wendel initiated a strategic shift into third-party asset
management of private assets, alongside its historical principal investment activities. In May 2024, Wendel completed the acquisition of a 51% stake in IK Partners, a major step
in the deployment of its strategic expansion in third-party private asset management and also completed in March 2025 the acquisition of 72% of Monroe Capital. As of June 30,
2025, Wendel manages 39 billion euros on behalf of third-party investors, and c.6.2 billion euros invested in its principal investments activity.
Wendel is listed on Eurolist by Euronext Paris.
Standard & Poor’s ratings: Long-term: BBB, stable outlook – Short-term: A-2


Wendel is the Founding Sponsor of Centre Pompidou-Metz. In recognition of its long-term patronage of the arts, Wendel received the distinction of “Grand Mécène de la Culture”
in 2012.


For more information: wendelgroup.com

Follow us on LinkedIn @Wendel




Press contacts Analyst and investor contacts
Christine Anglade: +33 6 14 04 03 87 Olivier Allot: +33 1 42 85 63 73
c.anglade@wendelgroup.com o.allot@wendelgroup.com


Caroline Decaux: +33 1 42 85 91 27 Lucile Roch : +33 1 42 85 63 72
c.decaux@wendelgroup.com l.roch@wendelgroup.com


Primatice
Olivier Labesse : +33 6 79 11 49 71
olivierlabesse@primatrice.com
Hugues Schmitt : +33 6 71 99 74 58
huguesschmitt@primatice.com


Todd Fogarty: + 1 212 521 4854
Kekst CNC
todd.fogarty@kekstcnc.com




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