Rights issue.

Questions & answers.

1. What is a capital increase with preferential subscription Rights? A capital increase with preferential subscription Rights allows a company to raise equity by granting priority to its existing shareholders. The right to subscribe to the new issued shares is granted to them on a preferred basis through the exercise of a specific subscription right attached to each share held.2. What is the rationale for this Rights issue? The Rights issue aims at financing part of LeasePlan acquisition, with the objective to create a leading global player in sustainable mobility with a total combined fleet of c.3.3m vehicles (as at 30 June 2022).3. When do I have to be a shareholder to be entitled Rights? Each ALD share already held on your securities account or acquired the day before the Rights detachment (29 November 2022) will entitle you to receive 1 Right.4. Can I subscribe to the capital increase if I am not entitled Rights? To subscribe for new shares, you must hold or purchase Rights. If you are not a shareholder of ALD on 29 November 2022, you can buy Rights in the market during the Rights trading period (30 November to 9 December 2022) and then exercise them, no later than 13 December 2022.5. What is the value of a Right? The theoretical value of a Right is EUR 1.00 based on ALD share price as of 25 November 2022 close EUR 11.00. Right value is theoretical: Rights will be listed and tradable on the regulated market of Euronext Paris under the ISIN code FR001400E0A9 during the Rights trading period (from 30 November to 9 December 2022) with a value that may fluctuate downward or upward.6. What to do if I hold ALD shares on several accounts or via several financial intermediaries? Rights must be exercised or sold on a per account basis. You must give your instructions to exercise your Rights (in order to subscribe for new shares) or to sell them to each financial institution for the number of Rights held in each book.7. What happens if I do not exercise or sell my Rights? If you do nothing (i.e. you do not exercise your Rights nor sell them before the end of the trading period), they will lapse and lose their value. They will automatically disappear from your securities account and will be lost (as well as the market value attached to them).8. How can I be sure that my subscription was received on time? We invite you to contact your financial intermediary to find out about any potential specific constraints for the placing and registration of orders. In any case, we recommend you to anticipate the end of the Rights trading period and of the subscription period to make sure you respect the deadlines.9. Can I subscribe to a number of new shares superior to the number or Rights I was allotted? Yes. Two scenarios are possible: - On an irreducible basis, you may subscribe additional shares by purchasing Rights in the market during the rights trading period. Liaise with your financial intermediary for this matter. - You may also subscribe to new shares on a reducible basis in addition to the subscription on an irreducible basis. To note, you may only subscribe on a reducible basis if you have already subscribed on an irreducible basis. There is also no guarantee to be allocated the shares requested. Allocation on a reducible basis will depend on (i) the total number of new shares not subscribed on an irreducible basis and on (ii) the number of Rights you subscribed to on an irreducible basis. Allocation rules will be communicated on 16 December by Euronext Paris, together with capital increase results. 10. When shall I pay for my new acquired shares? Your payment must be made at the time of your subscription. The amount of your payment must be equal to the total subscription price (irreducible and reducible basis). In the absence of payment, your subscription will be canceled. If you are not allocated the entirety of the number of shares subscribed on a reducible basis, the surplus will be refunded without interest. We advise you to contact your financial intermediary for more details.11. What costs will I incure in connection with the capital increase? We advise you to contact your financial intermediary for more details. If you are a registered shareholder (nominatif pur), you will not bear any costs for the exercise of your Right(s) and for the subscription of new shares. In case of sale or purchase of DPS, the usual brokerage fees of SGSS, registrar, will be applied.12. Is the exercise of DPS subject to tax? The exercise of Rights is not taxed in France. For persons who are French tax residents receiving Rights outside the PEA, the proceeds of the sale of Rights is taxed from the first euro and without deduction to the income tax according to the capital gains tax on securities scheme and is subject to social contributions on income.13. How can I subscribe to the rights issue from my PEA? Rights are detached and exercisable from your PEA. You can subscribe for new shares using exclusively the cash account of your PEA. They will be delivered in your PEA. If you sell Rights in your PEA, the sale amount will feed into the cash account of the PEA. On the other hand, it is not possible to buy Rights in your PEA or to register on the PEA Rights detached from shares that are not registered there. 14. Do new issued shares have the same rights as existing shares? New issued shares have the same rights (notably dividend, vote at the General Meeting) as existing shares with the ISIN code FR0013258662.