THALES: directors' dealings · France · AMF

About THALES

Thales is a leading French technology group focused on defence, aerospace, cybersecurity and digital solutions. Listed on Euronext Paris under ticker HO (ISIN FR0000121329), the company is a major global player with activities structured around three core segments: Defence & Security, Aerospace, and Cyber & Digital. In its most recent financial disclosure, Thales reported 2024 revenue of €20.6 billion, order intake of €25.3 billion and a record order backlog, underscoring its commercial momentum and strong visibility. Thales’ origins date back to 1893, a milestone commonly used to describe the roots of its industrial history. Over time, the group has built its platform through continuous innovation and strategic combinations. More recently, it has accelerated its transformation through major acquisitions in cybersecurity and digital technologies, including Gemalto, Imperva and Cobham AeroComms, strengthening its technological breadth and its exposure to high-growth markets. The group designs and delivers a wide range of mission-critical systems, equipment and services: radars, command systems, secure communications, optronics, sonar systems, avionics, embedded systems, infrastructure protection solutions, digital identity, cryptography, data management and cybersecurity. Thales stands out for its ability to integrate highly complex technologies for government, military, civil and industrial customers. Its cyber activities are especially prominent, with the company presenting itself as a global leader in cybersecurity and data security. Thales has a truly international footprint. It operates in more than 60 countries and serves a global customer base, with a particularly strong presence in Europe, North America, Asia-Pacific, the Middle East and emerging markets. This geographic reach allows the company to combine close relationships with sovereign and institutional customers with access to attractive export markets. Thales holds a strategic position in the European defence and advanced-technology ecosystem. Its business model is supported by high barriers to entry, long R&D cycles, strong demand for sovereign capabilities and a substantial base of recurring contracts. In 2025, the group reaffirmed profitable growth objectives, reflecting sustained operational momentum and financial discipline. For investors, Thales offers a combination of growth, defence exposure, cybersecurity expansion and backlog visibility, making it one of the French market’s most important industrial and technology names.