PRESS RELEASEParis (France), January 29, 2021 – 08:00am CET MicaSense sold to AgEagle Aerial Systems Inc. MicaSense, the Parrot Group’s smallest subsidiary, specialized in sensors for drone-based precision farming, has been sold to AgEagle Aerial Systems, a data collection, analytics, aerial imaging services and drone company, for a total of $23m Parrot, Europe’s leading micro-drone group, has closed the sale of its subsidiary, MicaSense, to AgEagle Aerial Systems (NYSE American: UAVS), a Kansas-based drone services and solutions pioneer, according to the terms presented on January 27th, 2021. This sale is in line with the management of the Group’s investment portfolio, with a transaction valued at $23m. IFRS 5 “Non-current Assets Held for Sale and Discontinued Operations” will be applied for the Parrot Group’s consolidated accounts for 2020, to be published in March 2021. The transaction finalized on January 28th with a first payment of