With 205 Million Euros, Orpea Announces the Last Drawings Under the 3.2 Billion Euros Financing Agreement Concluded With Its Main Banking Partners in June 2022

PUTEAUX, France--(BUSINESS WIRE)--Regulatory News:

Two new drawings totaling €205 million were made by ORPEA (Paris:ORP) at the end of December 2022. The amounts drawn correspond to the A4 Loan, used in full, and the balance of the B Loan.

The situation of the drawings on the various lines of these financings is summarized in the table below:

Loans	A1	A2/A3	A4	B	TOTAL (A+B)	C (C1+C2) (2)
Principal (€m) (1)	700	600	200	229	1 729	1 500
Situation as of 30/06/2022
Drawings	689	198	0	0	887	0
Undrawn amount	11	402	200	229	842	0
Situation as of 27/09/2022
Drawings	700	600	0	155	1 454	796
Undrawn amount	0	0	200	74	274	704
Situation as of 01/12/2022
Drawings	700	600	0	222	1 522	1 500
Undrawn amount	0	0	200	5	205	0
Situation as of 31/12/2022
Drawings	700	600	200	227	1 727	1 500
Undrawn amount	0	0	0	0	0	0

(1) As presented in the Press Release dated 13 June 2022
(2) New financing facilities used to refinance existing unsecured debt (excluding bonds and Schuldschein)

As with previous drawings, these funds will be used to finance and refinance the Group's general corporate purposes.

Background on the financial restructuring

ORPEA SA reminds that it is currently negotiating a financial restructuring, the main objectives of which are to finance its refoundation plan and to secure the liquidity necessary to continue its activities. Discussions are continuing with its financial creditors and third party investors in the context of the amicable conciliation procedure opened by the Nanterre Commercial Court on October 25, 2022.

In compliance with its legal and regulatory obligations, the Company will continue to inform the market of developments through its corporate communications.