On 22 November 2022, the Autorité des marchés financiers (“AMF”, the French Financial Markets Authority) cleared the simplified public tender offer (“the Offer”) of the French State for the equity securities of EDF.

The Offer closed on 17 May 2023. On 23 May 2023, the French State submitted a request to the Autorité des marchés financiers to implement the squeeze-out on EDF's shares and OCEANEs, since the legal and regulatory conditions for such implementation are met.

The EDF shares and OCEANEs not tendered to the Offer and not held by the French State were subject to this squeeze-out procedure which took place on 8 June 2023, as indicated by the AMF in its notice released on 26 May 2023, in return for a compensation equal to the Offer price, i.e. €12.00 per EDF share and €15.52 per OCEANE.

This squeeze-out led to the delisting of EDF shares from Euronext Paris and the delisting of EDF OCEANEs from Euronext Access. The French State now holds all of EDF’s share capital and voting rights.

As a result, former EDF shareholders will not be entitled to participate in the 2023 Annual General Meeting.

On Thursday 27 October 2022, EDF filed its draft response document with the French Financial Markets Authority (AMF), including the reasoned opinion of the Company's Board of Directors and the independent expert’s report.

The French State, majority shareholder of EDF, filed on 4 October 2022, with the French Financial Market Authority (AMF) a draft offer document relating to the simplified tender offer for the shares and bonds convertible into and/or exchangeable for new and/or existing EDF.