In January and February 2026, Mini Green Power conducted a survey of all its investors in order to assess, in a structured manner, the quality of shareholder relations, perceptions of our governance, and confidence in our value creation trajectory.
The result: 72.7% of respondents were favorable overall, with a high participation rate (103 out of 160 respondents, or 64.4%). Beyond the figures, this survey sets a course of action: to consolidate our strengths (transparency, impact, quality of information) and accelerate on the expectations expressed (value creation, governance, listening and clarity of outlook).
The survey was conducted from January 23, 2026, to February 13, 2026, via the ShareholdersIndex® (ChooseMyCompany) database, based on anonymous opinions.
This participation is a strong signal: our investors want to contribute, challenge, and build a lasting, transparent, and demanding relationship with us.
The survey assesses several key aspects of the shareholder relationship. Here are the summary scores:
These results confirm a solid foundation: support for our mission and an investor relationship that is generally considered to be of high quality. They also point to clear areas for improvement, which we are committed to addressing.
Transparency and quality of information: a relationship deemed useful
The "relationship" dimension scores 76.1%. Several items illustrate this dynamic:
Environmental and societal impact: the main driver of engagement
Sustainable development is the highest-rated dimension, with 86.7% of respondents expressing a favorable opinion.
This result validates a core belief: impact is not a "plus." It is a driving force behind choices, a criterion for trust, and a marker of differentiation.
Confidence in the trajectory: adaptability and future value
Several indicators reinforce projected confidence:
The verbatim comments contain strong words: innovation, usefulness, resilience, proximity to the team, consistency of mission. This is a valuable relational asset—and a responsibility.
A useful survey is one that helps us make decisions. The results highlight specific expectations that need to be addressed methodically.
Value creation: clarifying the trajectory and milestones
While the "value creation" dimension scores 70.2%, one indicator stands out as a major point of concern: 49.5% value creation since the capital investment.
This result calls for a clear response: improve the clarity of the trajectory (milestones, indicators, long-term logic) and strengthen education on value creation over time.
Governance: improve clarity, balance, and representation
The "governance" dimension is the one that requires the most attention (57.6%), with sensitive items:
Governance is not just a framework: it is a marker of maturity and a key element of trust.
Listening to shareholders: intensifying the feedback loop
Another indicator opens up a very concrete avenue:
The expectation is clear: more interaction, structured responses, and a more visible feedback loop.
The verbatim comments repeatedly express questions about:
These questions are legitimate. They must be addressed clearly, without promises, but with a more explicit communication framework.
Following this survey, Mini Green Power will strengthen its information and communication systems in order to respond more directly to the questions raised and improve clarity over the long term.
Specifically, we will:
Better structure the sharing of information about our trajectory and key milestones, using more readable formats.
The objective is simple: to provide clear benchmarks at the right pace and make investor relations an effective and useful forum for exchange.
This survey confirms a reality: our investors recognize the consistency of our mission, the quality of our environmental and social commitment, and the usefulness of our communication.
It also confirms a legitimate requirement: to make the value trajectory more transparent, to strengthen the transparency of governance, to accelerate listening, and to establish a clearer framework on liquidity issues.
This is precisely the objective of the action plan launched following this survey: to transform feedback into decisions, and decisions into evidence.
Thank you to everyone who took the time to respond. With a 64.4% participation rate, you are sending a strong signal. Your feedback helps us to steer with greater precision—and to build an investor relationship that meets your expectations.
March,1st 2026
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