NEW DESCRIPTION OF THE SHARE BUY-BACK PROGRAMME
AND REPORT ON THE PURCHASES PERFORMED



Regulated Information
Paris, 21 November 2025

As announced on Monday 17 November 2025, Societe Generale started on Wednesday 19 November 2025
a EUR 1 billion share buy-back for cancellation purpose.

Buy-backs on 19 and 20 November 2025 which represented 1,056,447 shares (see report below), have
been executed pursuant to the description of the share buy-back programme relating to the 22nd
resolution of the Combined general meeting of shareholders of 22 May 2024. As of 20 November 2025,
Societe Generale has completed 6.1% of its share buy-back programme, representing 0.1%* of its share
capital.

As announced, the buy-backs performed as from 21 November 2025 will be executed based on the new
description of the share buy-back programme (see below) relating to the 19th resolution of the Combined
general meeting of shareholders of 20 May 2025.




* Ratio between the number of shares repurchased and the 766,894,786 shares comprising the current share capital.




Press contacts:
Jean-Baptiste Froville_+33 1 58 98 68 00_ jean-baptiste.froville@socgen.com
Fanny Rouby_+33 1 57 29 11 12_ fanny.rouby@socgen.com




A French corporation with share capital of EUR 958,618,482.50 – 552 120 222 RCS Paris
29 boulevard Haussmann, F-75009 Paris
DESCRIPTION OF THE SHARE BUY-BACK PROGRAMME
AUTHORISED BY THE COMBINED GENERAL MEETING DATED 20 MAY 2025

This description is drawn up in accordance with the provisions of Article 241-2-I of the General Regulation
of the French Financial Markets Authority (“Autorité des marches financiers”) and is available below.

1. Purposes of the share buy-back programme
The Combined General Meeting dated 20 May 2025, by its 19th resolution, has renewed Societe Generale’s
authorisation to buy its own shares so it can:
- grant, cover and honour any free shares allocation plan, employee savings plan and any form of
allocation for the benefit of employees and company officers of the Company or affiliated
companies under the conditions defined by the applicable legal and regulatory provisions;
- cancel them;
- deliver shares upon the exercise of rights attached to securities giving access to the Company’s
share capital;
- hold and subsequently deliver shares as payment or exchange as part of Group’s external growth
transactions such as merger, spin-off or asset contribution transactions;
- allow an investment services provider to trade in the Company’s shares as part of a liquidity
agreement compliant with the regulations of the French Financial Markets Authority (“Autorité
des Marchés Financiers”).

2. Maximum amount allocated to the share buy-back programme, maximum number and
characteristics of shares, maximum purchase price
The resolution approved by the General Meeting provides that Societe Generale can purchase its
ordinary shares up to 10% of the total number of shares.
Within the framework of the share buy-back programme authorised by the Combined General Meeting
and given the current share capital, the Company could purchase a theoretical maximum number of
76,689,478 shares representing 10% of its share capital.
The maximum purchase price having been set by the said Assembly at EUR 75 per share, the potential
maximum amount allocated to the programme is EUR 5,751,710,850.
This maximum amount is likely to change in case of transactions impacting its share capital. In addition,
in application of the regulation, the number of shares directly owned by Societe Generale may not
exceed, at any time, 10% of the share capital. Thus, at midnight (Paris time) on November 20, 2025,
Societe Generale directly owning 2,407,225 ordinary shares, representing 0.3% of its share capital,
Societe Generale may acquire on the date of this description 74,282,253 shares representing 9.7% of its
share capital, i.e. a maximum theoretical amount to date of EUR 5,571,168,975 based on the maximum
repurchase price of EUR 75 per share.

3. Duration of the share buy-back programme
The Combined General Meeting dated 20 May 2025 has set the duration of the authorisation for the
Company to buy its own shares at 18 months from the date of the General Meeting, i.e. until 20 November
2026.

4. Fulfillment of prudential requirements
The Board of Directors will ensure that the execution of these buy-backs will be carried out in accordance
with prudential requirements as defined by the regulation and the European Central Bank.
PURCHASES PERFORMED BY SOCIETE GENERALE DURING THE PERIOD


(In accordance with article 5 of Regulation (EU) No 596/2014 on Market Abuse Regulation and article 3(3) of
Delegated Regulation (EU) 2016/1052 supplementing Regulation (EU) No 596/2014 through regulatory
technical standards concerning the conditions applicable to buy-back programs and stabilization
measures)

Societe Generale received all necessary authorizations, including from the ECB. These buy-backs are
carried out in compliance with the Market Abuse Regulation and the conditions, notably regarding the
maximum price, set forth by the description of the share buy-back programme of 17 May 2024 relating
to the 22nd resolution of the Combined general meeting of shareholders of 22 May 2024.

They are performed on the trading platforms on which Societe Generale shares are listed for trading or
are traded, including the regulated market of Euronext Paris.

Purchases performed during the period from 19 to 20 November 2025 are described below.

Issuer name: Societe Generale - LEI O2RNE8IBXP4R0TD8PU41

Reference of the financial instrument: ISIN FR0000130809

Period: From 19 to 20 November 2025
Aggregated presentation by day and market


Daily
Aggregated weighted
Identifying code Market
Date of daily volume average price
Issuer’s name Issuer’s identifying code of financial (MIC
transaction (in number of the
instrument code)
of shares) purchased
shares (€)
SOCIETE GENERALE O2RNE8IBXP4R0TD8PU41 19-Nov-25 FR0000130809 349,743 56.7948 XPAR
SOCIETE GENERALE O2RNE8IBXP4R0TD8PU41 19-Nov-25 FR0000130809 149,918 56.7082 CEUX
SOCIETE GENERALE O2RNE8IBXP4R0TD8PU41 19-Nov-25 FR0000130809 25,000 56.6945 TQEX
SOCIETE GENERALE O2RNE8IBXP4R0TD8PU41 19-Nov-25 FR0000130809 25,000 56.6975 AQEU
SOCIETE GENERALE O2RNE8IBXP4R0TD8PU41 20-Nov-25 FR0000130809 286,786 57.8178 XPAR
SOCIETE GENERALE O2RNE8IBXP4R0TD8PU41 20-Nov-25 FR0000130809 165,000 57.8118 CEUX
SOCIETE GENERALE O2RNE8IBXP4R0TD8PU41 20-Nov-25 FR0000130809 27,500 57.8137 TQEX
SOCIETE GENERALE O2RNE8IBXP4R0TD8PU41 20-Nov-25 FR0000130809 27,500 57.8125 AQEU
TOTAL 1,056,447 57.2674
Societe Generale

Societe Generale is a top tier European Bank with around 119,000 employees serving more than 26 million clients in 62 countries
across the world. We have been supporting the development of our economies for 160 years, providing our corporate,
institutional, and individual clients with a wide array of value-added advisory and financial solutions. Our long-lasting and
trusted relationships with the clients, our cutting-edge expertise, our unique innovation, our ESG capabilities and leading
franchises are part of our DNA and serve our most essential objective - to deliver sustainable value creation for all our
stakeholders.

The Group runs three complementary sets of businesses, embedding ESG offerings for all its clients:
• French Retail, Private Banking and Insurance, with leading retail bank SG and insurance franchise, premium private
banking services, and the leading digital bank BoursoBank.
• Global Banking and Investor Solutions, a top tier wholesale bank offering tailored-made solutions to major
companies and investors, with distinctive global leadership in equity derivatives, structured finance and ESG.
• Mobility, International Retail Banking and Financial Services, comprising well-established universal banks (in
Czech Republic, Romania and several African countries), Ayvens (the new ALD I LeasePlan brand), a global player in
sustainable mobility, as well as specialized financing activities.

Committed to building together with its clients a better and sustainable future, Societe Generale aims to be a leading partner in
the environmental transition and sustainability overall. The Group is included in the principal socially responsible investment
indices: DJSI (Europe), FTSE4Good (Global and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity and Inclusion
Index, Euronext Vigeo (Europe and Eurozone), STOXX Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index
(World and Europe).

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