This press release does not constitute an offer or solicitation to purchase securities and is not intended for distribution or
publication in jurisdictions where such an offer would not be permitted.
Translation for information purposes only – In case of discrepancy between the French and English
version, the French version shall prevail

PRESS RELEASE DATED 12 DECEMBER 2025 REGARDING THE IMPLEMENTATION
OF THE SQUEEZE-OUT OF




FOLLOWING THE PUBLIC BUY-OUT OFFER FOLLOWED BY A SQUEEZE-OUT

INITIATED BY

TARKETT PARTICIPATION




AMOUNT OF INDEMNIFICATION:
€17 per Tarkett ordinary share




This press release has been prepared by Tarkett Participation and distributed in accordance with the
provisions of Article 237-3 III of the General Regulations of the Autorité des marchés financiers (the “AMF”)
and Article 9 of AMF Instruction No. 2006-07 relating to takeover bids, as amended.


Target company: Tarkett, a société anonyme with a supervisory board and management board, whose
registered office is located at Tour Initiale - 1, Terrasse Bellini, 92919 Paris La Défense Cedex, registered
with the Nanterre Trade and Companies Register under number 352 849 327 (“Tarkett” or the
“Company”) and whose shares are listed on compartment B of the regulated market of Euronext in Paris
(“Euronext Paris”) under ISIN code FR0004188670, ticker symbol “TKTT” (the “Shares”).

Offeror: Tarkett Participation1 , a société par actions simplifiée with its registered office at Tour Initiale - 1,
Terrasse Bellini, 92919 Paris La Défense Cedex, registered with the Nanterre Trade and Companies Register
under number 898 347 877 (“Tarkett Participation” or the “Offeror”).

Terms of the squeeze-out: Following the public buy-out offer initiated by the Offeror on the Company’s
Shares, which was the subject of a clearance decision from the AMF dated June 5, 2025 (see D&I 225C0943


1 It is specified that the Offeror, controlled by Société Investissement Deconinck, a société par actions simplifiée with its registered
office at Tour Initiale - 1 Terrasse Bellini, 92919 Paris La Défense Cedex, and registered in the Nanterre Trade and Companies
Register under number 421 199 274, controlled by the Deconinck family, is acting in concert with Expansion 17 S.C. A., a
reserved alternative investment fund in the form of a société en commandite par actions, “Tarkett” compartment, with its registered
office at 11-15, avenue Emile Reuter, L - 2420 Luxembourg and registered with the Luxembourg Trade and Companies Register
under number B180975 and Global Performance 17 S.C. A., a reserved alternative investment fund in the form of a société en
commandite par actions, “Millésime 3” compartment, with its registered office at 11-15, avenue Emile Reuter, L - 2420 Luxembourg
and registered with the Luxembourg Trade and Companies Register under number B180980 (both of which are part of the
Wendel group), Mr. Fabrice Barthélemy, Chairman of the Company’s Management Board and Chairman of the Offeror, and
members of the Deconinck family who directly own shares in the Company, where applicable.
This press release does not constitute an offer or solicitation to purchase securities and is not intended for distribution or
publication in jurisdictions where such an offer would not be authorized.

of June 6, 2025) and which took place from June 11, 2025 to June 24, 2025 (inclusive), and its reopening
from November 24, 2025 to December 5, 2025 (inclusive) (the “Offer”), the Offeror held directly and
indirectly 64,697,159 Shares, representing 98.70% of the share capital and 99.29% of the theoretical voting
rights based on a total number of 65,550,281 shares representing 123,938,579 theoretical voting rights of
the Company as of November 30, 2025.

It should also be noted that, as of the date hereof, the Offeror holds, in accordance with the assimilation
rule provided for in Article L. 233-9 I, 2° and 4° of the French Commercial Code, 32,209 free Shares under
retention definitively allocated and subject to liquidity agreements and 18,559 treasury Shares not tendered
by the Company to the Offer (together, the “Excluded Shares”). The Excluded Shares will therefore not
be transferred to the Offeror as part of the squeeze-out procedure.

Excluding the Excluded Shares, the Tarkett Shares not tendered to the Offer (including in the context of
its reopening) by minority shareholders amount to 853,122 and represent, upon completion of the Offer,
1.30% of the share capital and 0.71% of the theoretical voting rights of the Company2.

Hence, the conditions set forth in Article L. 433-4 II of the French Monetary and Financial Code, as well
as in Articles 237-1 et seq. of the AMF’s General Regulations for the implementation of the squeeze-out
procedure have been met, given:

- the 853,122 Tarkett Shares not tendered to the Offer by minority shareholders represent no
more than 10% of Tarkett’s share capital and voting rights;

- when examining the compliance of the proposed Offer, the AMF was provided with (i) the
valuation report prepared by Rothschild & Co Martin Maurel, Portzamparc BNP Paribas,
Crédit Agricole Corporate and Investment Bank (“CACIB") and Société Générale, acting as
the banks presenting the Offer, and (ii) the report of the independent appraiser, Finexsi –
Expert & Conseil Financier, represented by Mr Olivier Peronnet and Mr Olivier Courau, which
concluded that the price of €17 in cash per Tarkett Share was fair, including in the context of
a squeeze-out3 ;

- the squeeze-out, denominated under the same financial terms as those of the Offer, includes
the cash payment of €17 per Tarkett Share proposed at the time of the Offer.

By letter dated December 10, 2025, Rothschild & Co Martin Maurel, Portzamparc BNP Paribas, CACIB
and Société Générale, acting on behalf of the Offeror, informed the AMF of the Offeror’s decision to
implement the squeeze-out procedure in respect of the Shares not tendered to the Offer held by minority
shareholders (excluding the Excluded Shares), as the Offeror had expressed its intention to do in the offer
document (note d’information) relating to the Offer, which received AMF visa no. 25-199 dated June 5, 2025
(the “Offer Document”).

In accordance with AMF D&I notice no. 225C2106 of 12 December 2025, the squeeze-out will be
implemented on 23 December 2025 and will cover all existing Shares not directly held by the Offeror at the
end of the Offer (excluding the Excluded Shares), i.e. 853,122 shares, representing 1.30% of the share capital
and 0.71% of the Company’s theoretical voting rights4.

The trading suspension of the Shares will remain in effect until the squeeze-out is implemented.




2 Based on a total number of 65,550,281 shares representing 123,938,579 theoretical voting rights in the Company as of
November 30, 2025, pursuant to Article 223-11 of the AMF General Regulations.
3 See D&I 225C0943 dated June 6, 2025.
4 Based on a total number of 65,550,281 shares representing 123,938,579 theoretical voting rights in the Company as of
November 30, 2025, pursuant to Article 223-11 of the AMF General Regulations.


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This press release does not constitute an offer or solicitation to purchase securities and is not intended for distribution or
publication in jurisdictions where such an offer would not be authorized.

Euronext has published the timetable for the squeeze-out of the Shares and the date on which the
Company’s Shares will be delisted from the Euronext Paris regulated market, i.e., 23 December 2025.

In accordance with the provisions of Article 237-5 of the AMF’s General Regulations, the Offeror will
publish a notice informing the public of the squeeze-out in a legal gazette (journal d’annonces légales) in the
place of the Company’s registered office.

In accordance with the provisions of Article 237-4 of the AMF’s General Regulations, the Offeror has
undertaken to pay the total amount of the compensation, net of all costs, into a blocked account opened
for this purpose with Uptevia, designated as the centralizing agent for compensation transactions, which
will carry out the indemnification on behalf of the Offeror on the accounts of the shareholders whose
bank details are known.

Unallocated funds corresponding to the compensation for securities whose rightful claimants remain
unknown will be held by Uptevia for ten (10) years from the date of implementation of the squeeze-out
and paid to the Caisse des Dépôts et Consignations at the end of this period. These funds will be available
to the beneficiaries subject to the thirty-year statute of limitations in favor of the French State.

Availability of documents relating to the Offer: The Offer Document relating to the Offer approved by
the AMF on June 5, 2025 under visa number 25-199, as well as the document containing other information
on the legal, financial and accounting characteristics of Tarkett Participation, are available on the websites
of Tarkett (www.tarkett-group.com) and the AMF (www.amf-france.org) and may be obtained free of
charge upon request from:


Tarkett Participation Rothschild & Co Martin
Maurel
Tour Initiale - 1, Terrasse
Bellini 29 Avenue de Messine
92919 Paris La Défense 75008 Paris
Cedex


Portzamparc BNP Crédit Agricole Corporate and
Paribas Investment Bank
1 Boulevard Haussmann 12, Place des Etats-Unis
75009 Paris CS 70052
92547 Montrouge Cedex
Société Générale
GLBA/IBD/ECM/SEG
75886 Paris Cedex 18


The response document (note en réponse) relating to the Offer prepared by Tarkett and approved by the AMF
on June 5, 2025 under visa number 25-200, as well as the document containing other information relating
to the legal, financial and accounting characteristics of Tarkett, are available on the websites of Tarkett
(www.tarkett-group.com) and the AMF (www.amf-france.org) and may be obtained free of charge upon
request from:
Tarkett
Tour Initiale - 1, Terrasse Bellini
92919 Paris La Défense Cedex


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This press release does not constitute an offer or solicitation to purchase securities and is not intended for distribution or
publication in jurisdictions where such an offer would not be authorized.




Disclaimer

This press release has been prepared for information purposes only. This press release does not
constitute a public offer (offre au public). Dissemination of this press release, the Offer and its acceptance
may be subject to specific regulations or restrictions in some countries.

The Offer is not addressed to persons directly or indirectly subject to such restrictions and may not be
accepted in any way from a country in which the Offer is subject to such restrictions. This press release
shall not be distributed in these countries. Therefore, persons in possession of this press release must
inform themselves about and comply with any local restrictions that may apply.

Tarkett Participation declines any responsibility resulting from any breach of these restrictions by any
person.




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