On December 2, we finalized the acquisition of Turkish company Mopsan, specialized in the distribution of petfood and companion animal health products.

DECLARATION OF THE NUMBER OF SHARES AND VOTING RIGHTS

¹growth at constant exchange rates and scope corresponds to organic growth of sales, excluding exchange rate variations, by calculating the indicator for the financial year in question and the indicator for the previous financial year on the basis of identical exchange rates (the exchange rate used is the previous financial year), and excluding material change in scope, by calculating the indicator for the financial year in question on the basis of the scope of consolidation for the previous financial year
²this change is calculated on the actual scope of consolidation, including scope impacts arising from acquisitions (Globion and Sasaeah), for which the indicator in question is calculated on the basis of the previous year's exchange rate

DECLARATION OF THE NUMBER OF SHARES AND VOTING RIGHTS

Public release of the Half-Year Financial Report at 30 June 2024.

Ci-joint le rapport financier semestriel 2024 de Virbac

¹adjusted current operating income corresponds to the “current operating income before amortization of assets arising from acquisitions”
²growth at constant exchange rates and scope corresponds to organic growth of sales, excluding exchange rate variations, by calculating the indicator for the financial year in question and the indicator for the previous financial year on the basis of identical exchange rates (the exchange rate used is the previous financial year), and excluding material change in scope, by calculating the indicator for the financial year in question on the basis of the scope of consolidation for the previous financial year. This change is calculated on the actual scope of consolidation, including the impact of acquisitions (Globion and Sasaeah), for which the indicator in question is calculated on the basis of the previous year's exchange rate
³net debt corresponds to current (€187.3 million) and non-current (€187.4 million) financial liabilities as well as a lease obligation related to the application of IFRS 16 (€37 million), less the cash position and cash equivalents (€156.8 million) as published in the statement of financial position
⁴net cash position as of December 31, 2023
⁵operating cash flow corresponds to adjusted current operating income (€150.4 million) restated for items having no impact on the cash position as well as impact arising from asset disposal. This restates depreciation and amortization of fixed assets before acquisitions for €22.5 million (comprising €24.2 million in depreciation and amortization of fixed assets and provisions, and €-1.6 million in amortization of assets from acquisitions), as well as non-current income and expenses (€2 million), other non-cash income and expenses (€0.4 million), and impact of disposals (€1.3 million)

At its meeting on September 13, 2024, the board of directors acknowledged the resignation of Sébastien Huron, effective as of September 27, 2024, from his positions as chief executive officer of Virbac and director of Virbac Limited (UK).

Focusing on animal health, from the beginning
At Virbac, we provide innovative solutions to veterinarians, farmers and animal owners in more than 100 countries around the world. Covering more than 50 species, our range of products and services enables to diagnose, prevent and treat the majority of pathologies. Every day, we are committed to improving animals’ quality of life and to shaping together the future of animal health.

DECLARATION OF THE NUMBER OF SHARES AND VOTING RIGHTS

DECLARATION OF THE NUMBER OF SHARES AND VOTING RIGHTS

¹growth at constant exchange rates and scope corresponds to organic growth of sales, excluding exchange rate variations, by calculating the indicator for the financial year in question and the indicator for the previous financial year on the basis of identical exchange rates (the exchange rate used is the previous financial year), and excluding material change in scope, by calculating the indicator for the financial year in question on the basis of the scope of consolidation for the previous financial year
²this change is calculated on the actual scope of consolidation, including scope impacts arising from acquisitions (Globion and Sasaeah), for which the indicator in question is calculated on the basis of the previous year's exchange rate

TERMINATION OF THE LIQUIDITY CONTRACT

Virbac announces the resignation of Sébastien Huron from his position as chief executive officer. He will leave the Virbac Group's executive management by September 30, 2024, to take a break from his professional life.

Compte tenu de la dynamique très positive de nos ventes observée sur le premier semestre (croissance du chiffre d’affaires attendue autour de 16% à taux de change constants¹ et ~11% à taux de change et périmètre constants) qui devrait se poursuivre sur le second semestre, ainsi que d’un marché de la santé animale particulièrement porteur, la croissance du chiffre d’affaires 2024 à taux de change constants est attendue entre 12,5% et 14,5%¹ (correspondant à une croissance désormais attendue de 7% à 9% à taux de change et périmètre constants).

DECLARATION OF THE NUMBER OF SHARES AND VOTING RIGHTS

On June 21, we finalized the acquisition of Globion's minority shares, bringing our stake to 100%. As planned, this transaction follows the acquisition of a 74% majority stake concluded on November 1, 2023.

DECLARATION OF THE NUMBER OF SHARES AND VOTING RIGHTS

Les actionnaires de la société VIRBAC sont avisés qu’une assemblée générale mixte ordinaire et extraordinaire se tiendra le vendredi 21 juin 2024 à 9 heures, dans les bâtiments de VIRBAC direction, 13ème rue L.I.D., 06517 CARROS.

DECLARATION OF THE NUMBER OF SHARES AND VOTING RIGHTS