Press Release from the Competition Council regarding the economic concentration project concerning the acquisition of joint control of the company “Beauty&Market Ligne SARLAU” by the company “CDG Invest SA”, alongside the historical partner, through the acquisition of 26% of its share capital and related voting rights

In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 issued for its implementation, as amended and supplemented, the Competition Council makes available to the public the “summary of the operation” below, containing the information provided by the parties.

This information has been prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation.

The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 issued for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented.

Names of the companies and groups concerned:

• The acquirer: “ CDG Invest SA ”;
• The target: “ Beauty&Market Ligne SARLAU”.

Nature of the operation

• Acquisition of joint control

Economic sector concerned

• Online marketing of parapharmaceutical products.

Deadline for interested third parties to submit their observations

• 10 days from the date of publication of this press release, i.e. December 19

NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES

The Competition Council has received notification of an economic concentration operation concerning the acquisition of joint control of the company “Beauty&Market Ligne SARLAU” by the company “CDG Invest SA”, alongside the historical partner, through the acquisition of twenty-six percent (26%) of its share capital and related voting rights.

“CDG Invest SA” is a Moroccan joint-stock company. It is the investment branch of the Caisse de Dépôt et de Gestion, primarily engaged in holding and managing several thematic investment funds and portfolios of investments.

“Beauty&Market Ligne SARLAU” is a Moroccan single-member limited liability company, active in the online marketing sector of parapharmaceutical products.

Done in Rabat, December 5, 2024