Regulatory News:

Groupe SEB (Paris:SK) acknowledges the press release published by the French Competition Authority on December 19, 2024, with respect to an inquiry launched in October 2013, into France’s domestic appliance manufacturing and distribution sector.

The French Competition Authority has penalized a number of domestic appliance manufacturers and distributors. The Authority imposed to Groupe SEB France and Groupe SEB Retailing a fine of € 189,5 million for allegedly imposing fixed selling prices to its distributors during the 2008-2013 period. However, the Authority ruled out the existence of a horizontal agreement regarding statistical information that is shared through a trade association.

Groupe SEB has always acted in its customers’ best interests and for the benefit of French consumers, in strict compliance with the regulations in force. Groupe SEB therefore categorically refutes the French Competition Authority’s findings brought against the Group and denies all allegations that its practices have not complied comply with competition rules.

Groupe SEB will take note of the Authority’s ruling and will lodge an appeal to the Paris Court of Appeals, confident in its ability to prove that the Authority’s ruling has no legal or factual validity.

Groupe SEB reaffirms its strong commitment to strictly observing the law, and particularly competition laws.

Key dates – 2025

   

 

23 January | after market closes

   

Provisional sales 2024

27 February | pre-market

   

2024 Results

24 April | after market closes

   

Q1 2025 sales and financial data

20 May | 2:30 p.m.

   

Annual General Meeting

23 July | after market closes

   

First-half 2025 sales and results

23 October | after market closes

   

2025 Nine-month sales and financial data

Find us on www.groupeseb.com

World reference in small domestic equipment and professional coffee machines, Groupe SEB operates with a unique portfolio of 40 top brands (including Tefal, Seb, Rowenta, Moulinex, Krups, Lagostina, All-Clad, WMF, Emsa, Supor), marketed through multi-format retailing. Selling more than 400 million products a year, it deploys a long-term strategy focused on innovation, international development, competitiveness, and client service. Present in over 150 countries, Groupe SEB generated sales €8 billion in 2023 and has more than 31,000 employees worldwide.

Investor/Analyst Relations

Groupe SEB Financial Communication and IR Dept

Olivier Gernandt Guillaume Baron

comfin@groupeseb.com

Tel. +33 (0) 4 72 18 16 04

Media Relations

Groupe SEB Corporate Communication Dept

Cathy Pianon Anissa Djaadi Marie Leroy

presse@groupeseb.com

Tel. + 33 (0) 6 33 13 02 00 Tel. + 33 (0) 6 88 20 90 88 Tel. + 33 (0) 6 76 98 87 53

Image Sept Caroline Simon Claire Doligez Isabelle Dunoyer de Segonzac

caroline.simon@image7.fr cdoligez@image7.fr isegonzac@image7.fr

Phone +33 (0) 1 53 70 74 70

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