2003-12-21

Instruction COSOB No. 03-05 of December 21, 2003 Defining the Standard Model for Threshold Crossing and Intent Declarations

The COSOB issued Instruction No. 03-05 on December 21, 2003, to establish the mandatory standard templates for threshold crossing and intent declarations regarding participation in listed companies. This regulation mandates that all declarations of crossing participation thresholds and statements of intent be completed using the specific models defined in Annex A and Annex B, respectively. The instruction entered into force immediately upon its signature by the President.

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Instruction COSOB No. 03-05 of December 21, 2003 Defining the Standard Model for Threshold Crossing and Intent Declarations.

Article 1. — The declaration of crossing of participation thresholds in the capital of listed companies, as provided for in Article 2 of COSOB Regulation No. 03-03 of March 18, 2003, shall be prepared in accordance with the standard model defined in Annex "A" attached hereto.

Art. 2. — The statement of intent, as provided for in Article 3 of COSOB Regulation No. 03-03 of March 18, 2003, shall be prepared in accordance with the standard model defined in Annex "B" attached hereto.

Art. 3. — This instruction shall enter into force on the date of its signature.

Done in Algiers on December 21, 2003.

The President Ali SADMI

ANNEX A DECLARATION OF CROSSING OF PARTICIPATION THRESHOLDS IN THE CAPITAL OF LISTED COMPANIES

1 - Identity of the listed company Full name: ……………………………………………………… Number of shares making up the company's capital………………………… Nominal value of the share……………………………………………………. Total number of voting rights attached to the shares…………………………

2 - Identity of the shareholder who has crossed one or more thresholds Name and surname (company name for legal entities)1………………… ………………………………………………………………………………… Address (headquarters)………………………………………………………………… Telephone……………………………………………………………………... Fax…………………………………………………………………………… Email……………………………………………………………………….

3 - Relationship of the shareholder with the listed company ☐ Member of the board of directors or the supervisory board ☐ Member of the board of directors or the supervisory board of one or more subsidiaries 2 of the listed company…………………………………..…………….. ☐ Executive3 of the listed company …………………………………………………….

☐ Executive 4 of one or more subsidiaries 5 of the listed company…………………… ☐ Others (to be specified)……………………………………………………………… ☐ None………………………………………………………………………………

1 For legal entities, indicate the name, first names, and position of the legal representative. 2 Indicate which ones. 3 Indicate the position. 4 & 5 Indicate the position and the name of the subsidiaries. COSOB Regulation Instruction No. 03-05

4 - Threshold Crossing 4.1 Crossing of threshold in capital 1 Thresholds crossed: (5%) (10%) (20%) (33.33%) (50%) (66.67%) Direction of crossing: Increase Decrease

4.2 Crossing of threshold in voting rights 6 Thresholds crossed: (5%) (10%) (20%) (33.33%) (50%) (66.67%) Direction of crossing: Increase Decrease Number of shares held……………….. out of a total of ……………… Number of voting rights held………… out of a total of ……………… Date of crossing of the participation threshold(s)…………………………

5 - Nature of held securities 5.1 Shares Number……………………………… out of a total of …………………………….

5.2 Investment certificates Number ……………………………… out of a total of …………………………….

6 - Nature of the operation leading to the threshold crossing ☐ Purchase during trading session ☐ Block transaction 2 ☐ Capital increase by subscription in cash; ☐ Donation, inheritance, bequest, conversion of bonds into shares, others (to be specified)

7 - Nature of the holding ☐ Direct ownership of shares or voting rights ☐ Shares or voting rights held by other persons on behalf of the shareholder 3 ……………………………………… ☐ Shares or rights held by companies 4 controlled by the shareholder Company …………….. held at ………..% by the shareholder. Number of shares of the listed company held by company X…………………… Number of shares of the listed company held by company Y……………………

1 Put a cross in the corresponding box(es). 2 Indicate the name and surname or (company name) of the counterparty. 3 Indicate the identity of these persons. 4 Indicate the company name of these companies, the share of their capital held by the shareholder, The number of shares or voting rights of the listed company held by each of these companies. COSOB Regulation Instruction No. 03-05

Company……………… held at ………………..% by the shareholder Number of shares of the listed company held by company X…………………… Number of shares of the listed company held by company Y…………………… Company ………………… held at…………..….. % by the shareholder Number of shares of the listed company held by company X…………………… Number of shares of the listed company held by company Y…………………… ☐ Shares or voting rights held by one or more third parties 1 with whom the shareholder acts in concert: Name…………………………. Number of shares…………………… Number of voting rights……………………………………………… Name…………………………. Number of shares………………… Number of voting rights…………………………………………………… Name…………………………. Number of shares…………………… Number of voting rights……………………………………………………… Name…………………………. Number of shares…………………… Number of voting rights………………………………………………

The undersigned certifies that the information contained in this declaration is complete, sincere, and accurate. Name2 and surname, Date and signature

1 Indicate the identity of the third party or parties and the number of shares or voting rights they possess. 2 For a legal entity, indicate the full name as well as the: name, surname, and position of its legal representative. COSOB Regulation Instruction No. 03-05

ANNEX B STATEMENT OF INTENT

1 - Identity of the listed company: Full name ……………………………………………………… Number of shares making up the company's capital………………………… Nominal value of the share……………………………………………………. Total number of voting rights attached to the shares…………………………

2 - Identity of the shareholder who has crossed the threshold 1: 10% 20% Name and surname (company name 2 for legal entities)………………. ………………………………………………………………………………… Address (headquarters)………………………………………………………………… Telephone……………………………………………………………………. Fax…………………………………………………………………………… Email………………………………………………………………………

3 - Threshold Crossing Number of shares held……………….. out of a total of ……………… Number of voting rights held……….… out of a total of ……………… Date of crossing of the participation threshold…………………………

4 - The acquirer acts: ☐ Alone ☐ In agreement with the following persons: Name and surname (company name (1) for legal entities)… Number of shares…………………… Number of voting rights……………

1 Enclose the corresponding threshold. 2 For legal entities, indicate the name, surname, and position of the legal representative. COSOB Regulation Instruction No. 03-05

Within twelve months following the crossing of the aforementioned participation threshold (10% or 20%), the acquirer envisages3: ☐ To stop purchases on the relevant security ☐ To continue purchases on the relevant security ☐ To request their appointment as a director of the company in question ☐ To acquire or not acquire control of said company

In the event that the acquirer wishes to have control of the company, they must specify any actions they intend to undertake, notably: • The merger, restructuring of the capital, or liquidation of the company or one of its subsidiaries; • The sale of a significant asset of the company or one of its subsidiaries; • A modification of the company's activities, structure, management, personnel, or dividend policy.

The undersigned certifies that the information contained in this declaration is complete, sincere, and accurate. Name4 and surname, Date and signature

3 Put a cross in the corresponding box(es). 4 For a legal entity, indicate the full name as well as the name, surname, and position of its legal representative. COSOB Regulation Instruction No. 03-05