New Risk • Mar 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (€31.8m market cap, or US$36.8m). Announcement • Jan 29
Virtualware 2007 S.A. Appoints Stephanie Smith to Its International Advisory Board, Effective January 29, 2026 Virtualware 2007 S.A. has appointed Canadian nuclear engineer Stephanie Smith, P. Eng., to its international advisory board. The appointment, announced on January 29, 2026 by the company, takes effect immediately for the 2026 fiscal year. Smith is an independent nuclear energy consultant with over 35 years of experience in the nuclear power industry. Throughout her career, she has been the Chief Nuclear Engineer/Officer for the Canadian multinational CANDU Energy (AtkinsRéalis). She was previously certified by the Canadian Nuclear Safety Commission as a Shift Manager and Plant Manager. Smith has overseen the design and refurbishments of large-scale CANDU (Canada Deuterium Uranium) nuclear reactors and served as president of the CANDU Owners' Group. She developed a strategy for CANDU utilities worldwide to address changes in the Canadian nuclear industry and has held positions at Ontario Power Generation and the World Association of Nuclear Operators (WANO). Smith's appointment is part of Virtualware's strategy to reinforce its presence as a Virtual Reality leader within the nuclear energy industry. For eight years, the company has developed high-level training systems for nuclear plant operators in collaboration with GE Vernova Hitachi Nuclear Energy (GVH), one of the world's leading manufacturers of nuclear plants. Virtualware's GVH simulators enable nuclear workers to safely practice complex, low-frequency/high-consequence tasks such as fuel movement and vessel disassembly in realistic, plant-specific environments. Board Change • Jun 17
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Co-Founder, CEO & Chairman Unai Extremo was the last director to join the board, commencing their role in 2003. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 
