Notification pursuant to the Law of 2 May 2007

In accordance with Article 14 of the Law of 2 May 2007 on disclosure of major holdings in listed companies, JENSEN-GROUP NV announces that it has received a transparency notification dated April 5, 2023 indicating that Lazard Frères Gestion SAS crossed the minimum threshold of 5% downwards. Following the closing of the transaction with Miura (contribution of 49% of the shares of Inax and add-on capital increase in cash), the JENSEN-GROUP increased its capital in an amount of 7,570,288.26 euros and issued 1,926,282 new shares. As a result, Lazard Frères Gestion SAS owns 4.71% of the voting rights, crossing the minimum 5% threshold downwards.

The transparency notification hereby specifies the following:

• Reason for the notification: passive crossing of a threshold, downward crossing of the minimum threshold.
• Notification by: a parent undertaking or a controlling person, with persons subject to the notification requirement Lazard Frères Gestion SAS, Compagnie Financière Lazard Frères SAS, Lazard Group LLC and Lazard LTd.
• Notified details: on April 3, 2023, Lazard Frères Gestion SAS holds 459,000 shares in JENSEN-GROUP NV , compared to the 403,429 announced in the previous notification of January 9, 2018.  As the JENSEN-GROUP NV issued  1,926,282 new shares on April 3, 2023, the percentage of voting rights owned by Lazard Frères Gestion SAS decreases to 4.71% of the voting rights in the company and, thus, crosses the minimum 5% threshold downwards. The total number of shares of JENSEN-GROUP NV (the denominator) amounts to 9,745,281 shares.
• Chain of control: at the crossing of the threshold, Lazard Frères Gestion SAS (25 rue de Courcelles 75008 Paris) held 4.71% of the shares in JENSEN-GROUP NV. Compagnie Financière Lazard Frères SAS (175 bd Haussmann 75008 Paris) controls Lazard Frères Gestion SAS, Lazard Group LLC (30 Rockefeller Plaza / New York NY 10112) controls Compagnie Financière Lazard Frères SAS, Lazard Ltd (30 Rockefeller Plaza / New York NY 10112) controls Lazard Group LLC. Lazard Frères Gestion SAS acts independently from Compagnie Financière Lazard Frères, Lazard Group LLC, Lazard Ltd and from the rest of the Lazard Group, including Lazard Asset Management, a Company under American law .
• Other information: Lazard Frères Gestion SAS exercises the voting rights attached to the shares held by the FCPs and/or SICAVs it manages on a discretionary basis, either because it manages the FCP or by virtue of a delegation agreement received from a SICAV.