Société Générale sets up standby equity facility with Deinove

In France, Société Générale has set up its 33rd Standby Equity Facility, PACEO, with Deinove. Société Générale undertook to subscribe successive capital increases over the next 36‐months, up to 450,000 shares in aggregate (i.e. 9.0% of the current share capital). For each tranche, the issuance price will depend on the volume weighted average price of the shares for the three trading days immediately preceding the relevant issue date discounted by no more than 6%. DEINOVE has no drawdown obligation, and only intends to use this facility if market conditions mean that it is in the best interests of both the Company and its shareholders.

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