Market Update

Press Release

Market update

Four financial restructuring proposals received as part of the current conciliation process

Agreement on a financial restructuring solution acceptable to financial creditors targeted for May 31, with final agreement to be reached by July 2024

€100 million interim financing agreement with bondholders signed; discussions progressing with banks and the French State on the remaining €350 million

Paris, France – May 6, 2024

Following the publication of the updated parameters of its financial restructuring framework on April 29, 2024, Atos SE confirms it received on May 3, 2024, four new money proposals from the following parties:

• A group of bondholders and banks of the Company’s banking group
• Bain Capital
• EP Equity Investment, controlled by Mr. Daniel Kretinsky in partnership with Attestor Limited
• Onepoint, controlled by Mr. David Layani in consortium with Butler Industries

These proposals will be posted today on Atos’ website and will be accessible through the following link Investors - Atos.

All the proposals were presented to the Board of Directors on May 5, 2024, which decided with management and in alignment with the Conciliator Ms. Hélène Bourbouloux, not to pursue discussions with Bain Capital, as the submitted offer does not meet the stated objectives of the Company to consider its full perimeter.

The Board of Directors reiterated its confidence in the Group’s management team to continue to coordinate discussions, under the aegis of the Conciliator and in coordination with the CIRI (Comité Interministériel de Restructucturation Industrielle), with an objective of reaching a financial restructuring agreement in the best corporate interest of the Company including its employees, clients, suppliers, creditors, shareholders, and other stakeholders, while maintaining an attractive business mix.

Atos will be working with its financial creditors to select by May 31, 2024 a financial restructuring solution that will be acceptable to them and consistent with the financial parameters of the Company and to reach a final financial restructuring agreement by July 2024. This solution will likely entail radical changes in the capital structure of the Company and significant new equity issuance that will result in a massive dilution of the existing shareholders of Atos SE, considering that the Company will negotiate with stakeholders the treatment of the existing shareholders in compliance with applicable laws.