UMALIS GROUP – The Extraordinary General Meeting of 18 November 2025 votes 100% IN FAVOR of continuing operations

18 Nov 2025 18:17 CET

(Article L.225-248 of the French Commercial Code)

Caudry / Paris, 18 November 2025 – 8:00 a.m. (CET)
UMALIS GROUP (Euronext Access+, FR0011776889 – MLUMG), a company specializing in wage portage services, announces that its Extraordinary General Meeting (EGM), held on 18 November 2025, voted 100% of the votes cast IN FAVOR of continuing the company’s operations, in accordance with Article L.225-248 of the French Commercial Code.

Voting results: 100% of votes cast IN FAVOR

Out of the 1,241,275 shares making up the share capital:

• 1,031,356 votes,
• held by EDERN and Umalis Research,
• and represented by Christian PERSON,

were cast IN FAVOR of continuing operations — representing 100% of the votes cast.

The abstentions correspond exclusively to the shares not held by EDERN and Umalis Research, i.e., 209,919 shares that were not represented at the Meeting.

• FOR: 1,031,356 votes
• AGAINST: 0
• ABSTENTIONS: 209,919 unrepresented shares

Consequently, no early dissolution was declared.

Financial context

The annual financial statements for the year ended 31 December 2024 show:

• Shareholders’ equity: –€1,510,182
• Share capital: €310,318.75
• Net result 2024: –€1,317,257
• Revenue 2024: €8,825,297
• Total assets: €7,761,839
• Total liabilities: €9,146,292

In accordance with Article L.225-248, the company was required to submit to shareholders a decision on whether to continue or discontinue operations.

Reasons for the favorable vote

The EGM approved the recommendations of the Board of Directors based on:

• the resilience of the wage portage business model,
• the strategic value of the Group’s intangible assets (€2,025,775 on the balance sheet),
• positive growth prospects in the Group’s digital and media subsidiaries,
• ongoing operational improvement measures launched in 2024,
• the overall potential for financial and structural recovery.

Recovery plan approved by the EGM

The recovery plan presented and validated during the Meeting is structured around five key pillars:

1. Optimizing working capital through enhanced factoring and improved receivables management.
2. Cost control, following a +10.49% increase in external expenses in 2024.
3. Digitalization and automation to reduce fixed costs and improve administrative efficiency.
4. Strengthening intragroup coordination and improving subsidiary performance.
5. Potential capital operations, if necessary to restore shareholders’ equity within the legal timeframe.

Legal commitments and next steps

Under Article L.225-248, Umalis Group has two fiscal years to restore shareholders’ equity to at least half of the share capital.
Failing this, the company will be required to implement a capital reduction.

The company will continue to regularly inform the market of the progress of its recovery plan.

About Umalis Group

Founded in 2008, Umalis Group is a French wage portage company listed on Euronext Access+ Paris. The Group supports consultants, engineers, and independent experts by providing a secure employment framework through wage portage.

Contacts

Umalis Group – Investor Relations
📧 contact@umalis.fr
📍 10 rue de Penthièvre, 75008 Paris
🌐 www.umalis.com

Regulatory disclaimer

This press release contains forward-looking statements that may differ from actual future results.
This document constitutes regulated information within the meaning of the French Financial Markets Authority (AMF) General Regulation.