Launch of Share Buyback Programme

CANAL+ SA

LAUNCH OF SHARE BUYBACK PROGRAMME

Issy-les-Moulineaux, 30 June 2025

CANAL+ SA (LSE: CAN, the "Company"), the global media and entertainment company, announces that it intends to commence a share buyback programme for up to GBP £18.7 million (excluding any associated costs) (the "Share Buyback Programme"), for the purposes of satisfying share awards to employees and corporate officers made under its share-based incentive plans as authorised by the Company's Annual General Meeting held on 6 June 2025 (the "AGM").

Details of the Share Buyback Programme

The Share Buyback Programme will be conducted in accordance with:

(i) Company's general authority to repurchase shares (which authorises the purchase of up to 10% of the issued share capital of the Company), as approved by shareholders at the Company's AGM held on 6 June 2025; and

(ii) Market Abuse Regulation (EU) No 596/2014 and the Commission Delegated Regulation (EU) No 2016/1052 (including as each of them forms part of retained EU law in the United Kingdom ("UK") from time to time, including, where relevant, pursuant to the UK's European Union (Withdrawal) Act 2018 and Market Abuse (Amendment) (EU Exit) Regulations 2019) as well as the applicable laws and regulations of the UK Financial Conduct Authority.

The main features of the Share Buyback Programme are as follows:

Duration: the Share Buyback Programme will commence on 1 July 2025 and end on 31 August 2025.

Maximum value allocated to the Share Buyback Programme: GBP £18,700,000.

Maximum price per share: Acquisitions will be made in accordance with the price limitations decided by the AGM.

Broker: The Company has entered into an agreement with Natixis (the "Broker") to undertake the Share Buyback Programme on the Company's behalf and to make trading decisions under the Share Buyback Programme in accordance with certain pre-set parameters. The Broker will make its trading decisions concerning the purchases of ordinary shares independently of the Company.

Purpose of the Share Buyback Programme: satisfy share awards to employees and corporate officers made under the Company's share-based incentive plans.

The Company intends to hold the shares purchased through the Share Buyback Programme as treasury shares, with the intention of those shares being used to satisfy awards under the Company's share-based incentive plans. Remaining shares which have not been allocated through share incentive plans will be cancelled.

The Company will announce any purchase of ordinary shares under the Share Buyback Programme no later than 7.30 a.m. on the business day following the calendar day on which the purchase occurred.

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About CANAL+

Founded as a French subscription-TV channel 40 years ago, CANAL+ is now a global media and entertainment company. The group has 26.9 million subscribers worldwide, over 400 million monthly active users on its OTT and video streaming platforms, and a total of more than 9,000 employees. It generates revenues in 195 countries and operates directly in 52 countries, with leading positions in Pay-TV in 20 of them. CANAL+ operates across the entire audio-visual value chain, including production, broadcast, distribution and aggregation.

It is home to STUDIOCANAL, a leading film and television studio with worldwide production and distribution capabilities; Dailymotion, major international video platform powered by cutting-edge proprietary technology for video delivery, advertising, and monetization; Thema, a production and distribution company specialising in creating and distributing diverse content and channels; and telecommunication services, through GVA in Africa and CANAL+ Telecom in the French overseas jurisdictions and territories. It also operates the iconic performance venues L'Olympia and Théâtre de l'Œuvre in France and CanalOlympia in Africa.

CANAL+ has also significant equity stakes across Africa, Europe and Asia, namely in MultiChoice (the Pay-TV leader in English and Portuguese-speaking Africa), Viaplay (the Pay-TV leader in Scandinavia) and Viu (a leading OTT platform in Southern-Asia).

canalplusgroup.com/en