Important Update: North Atlantic Energies’ Financial Calendar & Tender Offer Timeline

Nanterre, March 19, 2026 – North Atlantic Energies has released an important update regarding its 2026 financial calendar and the eagerly anticipated simplified tender offer for its shares. Shareholders and interested parties should take note of the revised dates and the progression of the tender offer.

2025 Annual Results Publication Postponed

The publication of North Atlantic Energies’ 2025 annual results, initially scheduled for an earlier date, has been postponed to April 22, 2026. This decision stems from the need for additional time to finalize year-end closing work, following the successful implementation of new accounting and reporting systems since November 28, 2025. Ensuring accuracy and compliance with these new systems is a priority, and this extension allows for a thorough review process.

The updated financial calendar for North Atlantic Energies is now as follows:

• Publication of the 2025 annual results: April 22, 2026
• Publication of the annual financial report: April 29, 2026
• Shareholders’ annual general meeting: June 24, 2026

For the most current information, stakeholders are encouraged to visit the official website of North Atlantic Energies.

Simplified Tender Offer Timeline Clarified

North Atlantic France has acknowledged these calendar updates and provided further clarity on the timeline for the simplified tender offer (the “Offer”) for the remaining North Atlantic Energies shares not yet held by North Atlantic France.

In line with their previous announcement on January 30, 2026, the Offer will be formally filed with the Autorité des marchés financiers (AMF) after two key conditions are met:

1. The publication of North Atlantic Energies’ 2025 annual results (now April 22, 2026).
2. The finalization of the independent expert’s work, which is crucial for assessing the fairness of the offer.

Based on this, the filing of the Offer is now expected to occur during the second quarter of 2026. Following the submission, the offer documentation will undergo review by the AMF. The Offer will officially open only after the AMF has issued its compliance decision.

Recap of the Offer Details

As a reminder, North Atlantic France announced on November 28, 2025, two significant developments:

1. The acquisition of ExxonMobil France Holding SAS’s entire stake in North Atlantic Energies, representing 82.89% of North Atlantic Energies’ share capital and voting rights.
2. Its intention to file the Offer at a price of €28.93 per share.

Furthermore, North Atlantic France intends to request the implementation of a squeeze-out procedure following the Offer, should the necessary conditions be met. The board of directors of North Atlantic Energies has appointed Ledouble SAS, represented by Ms. Agnès Piniot and Mr. Romain Delafont, as an independent expert to issue a fairness opinion on the financial terms of the Offer, ensuring transparency and fairness for all shareholders.

North Atlantic Energies and North Atlantic France remain committed to keeping their shareholders and the market informed throughout these processes. We encourage all interested parties to stay updated via official channels.

Source: Original Article