Continued good dynamic in the first quarter, as expected.

Groupe SEB announces the strengthening of its presence in Saudi Arabia with the acquisition of a 55% stake in its Saudi distributor – Alesayi Household Appliances Co. LLC – a subsidiary of Alesayi Holding Group that exclusively sells the Groupe SEB's Consumer products on a local basis since 2009. This partnership aims to unlock future growth opportunities in the Saudi market through the local expertise of Alesayi Holding.

Groupe SEB is pleased to announce the success of a €150m, 12-year private placement, with
leading institutional investors.

The placement comes without financial covenants and is SEB's first with a maturity of more than
10 years, enabling it to extend the average maturity of its debt.

Further to the announcement made on February 21, Groupe SEB is pleased to announce the finalization of its acquisition of Sofilac, a French group specializing in the design, manufacture and marketing of high-end semi-professional and professional cooking equipment (in particular, with the Lacanche and Charvet brands).