Covivio Hotels: New Agreement for a Share Buyback Program

The combined general meeting of Covivio Hotels shareholders, held on April 14, 2026, authorized a share buyback program with a maximum amount of €200 million. This program complies with applicable regulations, with a maximum purchase price of €35 per share. The program is scheduled to run for 18 months, until October 13, 2027.

The main objectives include the delivery of shares upon the exercise of specific rights, their retention for external growth operations, and the cancellation of shares. Covivio also aims to stabilize its share price through a liquidity contract signed with ODDO BHF and NATIXIS.

As of April 14, 2026, ODDO BHF held 6,810 Covivio Hotels shares under this program. The previous program, authorized in 2025, did not use derivatives. The manager will implement the acquisitions according to the authorized terms, primarily financing them through self-financing.