Offer Period starts on 13 December 2023

Nolet and Lucas Bols to create Dutch champion in the global spirits and cocktail market
Cash amount of EUR 18.00 per share reflects a significant premium of approximately 76%
Delivers immediate, certain and attractive value to the Shareholders of Lucas Bols
Lucas Bols Boards unanimously recommend Shareholders to accept the Offer and tender their Shares
Acceptance Period runs from 13 December 2023 to 7 February 2024. Completion of the Offer is expected in Q1 2024

Schiedam, Amsterdam, the Netherlands, 12 December 2023 - With reference to the publication of the Offer Memorandum today, HollandsGlorie B.V. (the "Offeror" or "Nolet", an affiliate of Nolet Holding B.V.) and Lucas Bols N.V. (the "Company" or "Lucas Bols"), are pleased to jointly announce that Nolet is making a recommended public cash offer (the "Offer") to all holders of issued and outstanding ordinary shares in the capital of Lucas Bols (the "Shares", and each holder of such Shares a "Shareholder") of an amount in cash of EUR 18.00 (cum dividend, without interest) (the "Consideration") per Share. Shareholders can tender their Shares between 13 December 2023 and 7 February 2024 (the "Offer Period"). The extraordinary general meeting of Shareholders in connection with the Offer will take place on 24 January 2024 (the "EGM").

With the Consideration, Shareholders receive a premium of approximately 76% to the Company's last unaffected closing price per Share on 6 October 2023. This delivers immediate, certain and attractive value to the Shareholders of the Company. As such, the Offer provides the Shareholders the opportunity to monetise on their current investment and realise immediate value for their Shares, reflecting the Company's potential at an attractive price and a considerable premium. The Offer values 100% of the Shares at approximately EUR 269.5 million.

The management board (the "Management Board") and supervisory board (the "Supervisory Board", and together with the Management Board, the "Boards") of Lucas Bols consider the Transaction (as
defined below) to be in the best interest of the Company and the sustainable, long-term success of its business, especially taking into account the interests of all the Company’s stakeholders, including its shareholders. The Boards unanimously support the Transaction and recommend the Shareholders to accept the Offer, tender their Shares pursuant to the Offer and vote in favour of the resolutions to be proposed at the EGM (the "Resolutions").

Huub van Doorne, CEO of Lucas Bols: "The launch of the offer today marks an important next step in the process and we recommend our shareholders to tender their shares and vote in favour of the Resolutions at the EGM. Together with Nolet we can continue our journey of growing Lucas Bols and our brands in the international cocktail markets. Nolet, with its own long history and family culture, fully understands what is necessary to continuously strengthen, partly centuries-old, brands for generations to come. This by further investing in brands, innovation and growth. We are therefore very much looking forward to continuing our journey together to create a Dutch champion in the global spirits and cocktail market."