Vallourec Adjusts Warrants Exercise Ratio

Vallourec has announced an adjustment to the exercise ratio of its warrants (BSA), changing it from 1 ordinary share to 1.098 ordinary shares per BSA. This adjustment is effective from May 26, 2025, coinciding with the ex-dividend date for the fiscal year 2024. As a result, assuming all BSA are exercised, Vallourec would issue 33,315,886 shares.

The adjustment follows section 4.2.8.4. of the previously approved note d’opération (AMF visa n°21-093). It is related to the dividend detached for the fiscal year 2024. Vallourec, noted for its seamless tubular solutions, remains committed to innovation and quality in the energy sector.