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Forvia S.E. – Tender Offer - Launch

FORVIA S.E. (the Offeror) announces the launch of a tender offer (the Tender Offer) for the €950,000,000 7.250 per cent. Sustainability-Linked Senior Notes due 2026 (ISIN XS2553825949) (the Notes)

01 DECEMBER 2023

Full announcement, including disclaimers and offer/distribution restrictions, available via Euronext

"Introduction to the Tender Offer

On the terms and subject to the conditions contained in the Tender Offer Memorandum (including the Maximum Cash Consideration (as defined below)), the Offeror invites holders of the Notes (subject to the offer restrictions contained herein) to tender Notes for purchase by the Offeror for a cash amount equal to the product of (i) the aggregate principal amount of the Notes validly tendered and accepted for purchase, and (ii) the Purchase Price, rounded to the nearest €0.01 (with €0.005 being rounded upwards), plus any applicable Accrued Interest. Subject to applicable law, the Offeror may, in its sole and absolute discretion, extend, amend or terminate the Tender Offer as provided in the Tender Offer Memorandum. Details of any such extension, amendment or termination will be published by an announcement issued as soon as is reasonably practicable after the relevant decision is made and by no later than the first Business Day following any such extension, amendment or termination. The Offeror reserves the right, in its sole and absolute discretion, not to accept any Electronic Tender Instructions (as defined in the Tender Offer Memorandum), nor to purchase any of the Notes if this would contravene any applicable law or for any other reason. The Offeror intends to cancel the Notes purchased by it pursuant to the Tender Offer and such Notes will therefore not be re-issued or re-sold. Notes which have not been validly offered and accepted for purchase pursuant to the Tender Offer will remain outstanding.

Rationale for the Tender Offer

The purpose of the Tender Offer is to proactively manage and reduce the overall indebtedness of the Offeror using available liquidity, whilst at the same time providing liquidity to holders of the Notes."



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