Performance Technologies is in advanced discussions for the acquisition of a 5% stake in an Irish company that develops specialized software in the area of strategic portfolio management and planning optimization, using advanced machine learning and artificial intelligence techniques.

The total amount of the investment in the company's capital is €500,000.

This strategic move is aimed at strengthening the company's position in the market and expanding its partnerships at an international level. It is part of Performance Technologies S.A.'s investment plan regarding acquisitions and is expected to make a decisive contribution to its long-term growth strategy while offering value to its shareholders.

Details of the terms of the above investment will be provided in a further announcement upon completion, which is expected to be implemented in November 2024.