Exhibit 99.1
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Press Release |
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Execution of a share buyback agreement for up to 2 billion
Paris, February 7, 2025. On January 30,
2025, Sanofi announced its intention to execute a share buyback program in 2025 of 5 billion, preferably through block trades and in the open
market with the purpose of cancellation.
A first tranche of this program was announced on February 3, 2025, and executed on February 5, 2025, for an amount of
3 billion, through an off-market block trade with the long-standing shareholder LOréal.
On February 6, 2025, Sanofi has entered into a mandate with an investment service provider for the second tranche of this program. Under the
terms of this mandate, Sanofi will repurchase its own shares for a total consideration of up to 2 billion, between February 7, 2025 and December 31, 2025 at the latest1.
About Sanofi
We are
an innovative global healthcare company, driven by one purpose: we chase the miracles of science to improve peoples lives. Our team, across the world, is dedicated to transforming the practice of medicine by working to turn the impossible into
the possible. We provide potentially life-changing treatment options and life-saving vaccine protection to millions of people globally, while putting sustainability and social responsibility at the center of our ambitions. Sanofi is listed on EURONEXT: SAN and NASDAQ: SNY
Media Relations
Sandrine
Guendoul | + 33 6 25 09 14 25 | sandrine.guendoul@sanofi.com
Evan Berland | + 1 215 432 0234 |
evan.berland@sanofi.com
Léo Le
Bourhis | + 33 6 75 06 43 81 | leo.lebourhis@sanofi.com
Nicolas Obrist | + 33 6 77 21 27 55 | nicolas.obrist@sanofi.com
Victor Rouault | + 33 6 70 93 71 40 | victor.rouault@sanofi.com
Timothy Gilbert | + 1
516 521 2929 | timothy.gilbert@sanofi.com
Investor Relations
Thomas Kudsk
Larsen |+ 44 7545 513 693 | thomas.larsen@sanofi.com
Alizé Kaisserian | + 33 6 47 04 12 11 |
alize.kaisserian@sanofi.com
Felix
Lauscher | + 1 908 612 7239 | felix.lauscher@sanofi.com
Keita Browne | + 1 781 249 1766 | keita.browne@sanofi.com
Nathalie Pham | + 33 7 85 93 30 17 |
nathalie.pham@sanofi.com
Tarik Elgoutni
| + 1 617 710 3587 | tarik.elgoutni@sanofi.com
Thibaud Châtelet | + 33 6 80 80 89 90 | thibaud.chatelet@sanofi.com
Sanofi forward-looking statements
This press release
contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements are statements that are not historical facts. These statements include projections and estimates regarding
the marketing and other potential of the product, or regarding potential future revenues from the product. Forward-looking statements are generally identified by the words expects, anticipates, believes,
intends, estimates, plans and similar expressions. Although Sanofis management believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that
forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Sanofi, that could cause actual results and developments to differ materially from
those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include among other things, unexpected regulatory actions or delays, or government regulation generally, that could affect
the availability or commercial potential of the product, the fact that product may not be commercially successful, the uncertainties inherent in research and development, including future clinical data and analysis of existing clinical data relating
to the product, including post marketing, unexpected safety, quality or
1 Subject to the renewal, as the case may be, of the buyback and cancellation resolutions by the 2025 shareholders
meeting.
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