Dassault Systemes SA (DAST.PA): Media speculation on ArisGlobal acquisition – Consistent with company strategy, still likely to face some investor skepticism

Research evidence excerpt

Dassault Systemes SA (DAST.PA): Media speculation on ArisGlobal acquisition – Consistent with company strategy, still likely to face some investor skepticism

Dassault Systemes SA (DAST.PA)

17 July 2026 Citi Research

encouraged to rely upon their own legal counsel for advice on compliance with the Order and other economic sanctions

programs administered and enforced by the Office of Foreign Assets Control of the U.S. Treasury Department.

This communication is directed at persons who are "Eligible Clients" as such term is defined in the Israeli Regulation of

Investment Advice, Investment Marketing and Investment Portfolio Management law, 1995 (the "Advisory Law"). Within Israel,

this communication is not intended for retail clients and Citi will not make such products or transactions available to retail

clients or to non-Eligible Clients. The presenter is not licensed as investment advisor or investment marketer by the Israeli

Securities Authority (“ISA”) and this communication does not constitute investment or marketing advice. The information

contained herein may relate to matters that are not regulated by the ISA. Any securities which are the subject of this

communication may not be offered or sold to any Israeli person except pursuant to a security offering exemption according to

the Israeli Securities Law, 1968and the public offering rules provided thereunder.

Citi Research broadly and simultaneously disseminates its research content to the Firm’s institutional and retail clients via the

Firm’s proprietary electronic distribution platforms (e.g., Citi Velocity and various Global Wealth platforms). As a convenience,

certain, but not all, research content may be distributed through third party aggregators. Clients may receive published