ELOPAK ASA: Transactions update under share buy-back program

18 Dec 2023 07:00 CET

Oslo, December 18, 2023: On December 11, 2023, Elopak ASA (the "Company")
announced the launch of a share buy-back program for the repurchase of up to
150,000 shares for a maximum aggregate amount of NOK 4,950,000, to meet the
Company's obligations under its long-term incentive plan. The buy-back will be
conducted until December 22, 2023.

Please see details enclosed regarding transactions conducted under the buy-back
program and the Company's holding of own shares as at the date hereof, detailing
the transaction on an aggregate daily basis as well as a comprehensive list of
all transactions.

For further information, please contact:

Mirza Koristovic, Head of Investor Relations

E-mail: investors@elopak.com

Tel:+47 93 87 05 25

About Elopak

Elopak is a leading global supplier of carton packaging and filling equipment.
The company’s iconic Pure-Pak® cartons are made using renewable, recyclable and
sustainably sourced materials, providing a natural and convenient alternative to
plastic bottles that fits within a low carbon circular economy.

Founded in Norway in 1957, Elopak was listed on the Oslo Stock Exchange in 2021.
Today it employs 2,600 people and sells in excess of 14 billion cartons annually
across more than 70 countries.

Elopak is a UN Global Compact participant member. We have set Science Based
Targets to reduce emissions in line with the 1.5 degree trajectory, and aim to
be Net-Zero by 2050. In 2021, we achieved a platinum rating by EcoVadis making
Elopak top 1% sustainable companies in the world.

For more information, go to elopak.com or follow us @Pure_Pak on X and @Elopak
on LinkedIn

More information:
Access the news on Oslo Bors NewsWeb site

606863_Appendix 1 - Aggregate transactions.pdf
606863_Appendix 2 - List of transactions.pdf