Boliden resolves to repurchase its shares

07 Feb 2025 09:09 CET

The Board of Directors of Boliden has, based on the authorization from the
Annual General Meeting on April 23, 2024, resolved to repurchase a maximum of
100,000 shares on Nasdaq Stockholm during the period February 7, 2025, up to and
including February 28, 2025, for a total amount of maximum SEK 40 m. The purpose
of the repurchase is to ensure future delivery of shares to the participants in
Boliden's long-term share savings programme 2024/2027 (the "Programme") as
resolved by the Annual General Meeting 2024.

The repurchase of shares will be carried out in accordance with the Market Abuse
Regulation (EU) No 596/2014 ("MAR") and the European Commission's Delegated
Regulation (EU) No 2016/1052 (the "Safe Harbour Regulation"). The repurchase of
shares will be carried out by Skandinaviska Enskilda Banken AB (publ) ("SEB")
who, based on the trading order given by Boliden to SEB, will make its own
trading decisions regarding the timing of the repurchases independently of
Boliden.

The repurchase now resolved by the Board of Directors shall fulfil the following
terms and conditions:

i. Repurchases shall be made on Nasdaq Stockholm in accordance with the Nordic
Main Market Rulebook for Issuers of Shares (the "Rulebook") and in accordance
with MAR and the Safe Harbour Regulation.
ii. Repurchases of shares may be made on one or several occasions and shall
commence no earlier than February 7, 2025, and shall end no later than February
28, 2025.
iii. A maximum of 100,000 shares in the Company may be repurchased for a total
amount of up to SEK 40 m in order to ensure delivery of shares to participants
in the Programme. However, the company's holding of shares may not at any time
exceed 10% of all shares in the company.
iv. Repurchases may only be made in compliance with the volume restrictions for
the purchase of treasury shares as set out in the Rulebook and in the Safe
Harbour Regulation. Repurchases may only be made at a price per share within the
price interval applicable from time to time on Nasdaq Stockholm, i.e. the
interval between the highest buying price and the lowest selling price on Nasdaq
Stockholm from time to time and, in addition, the price restrictions in the Safe
Harbour Regulation shall be observed.
v. Payment for shares shall be made in cash.

The total number of shares in Boliden amounts to  273,511,169 shares. At the
time of this press release, the company holds 40,000 treasury shares.

For further information, please contact:

Klas Nilsson

Director Group Communications

+46 70-453 65 88

klas.nilsson@boliden.com

Metals for generations to come

Boliden's vision is to be the most climate-friendly and respected metal provider
in the world. We are Europe's producer of sustainable metals and, guided by our
values care, courage and responsibility, we operate within exploration, mines,
smelters and recycling. We are around 6,000 employees and have annual revenues
of approximately SEK 90 billion. The share is listed in the Large Cap segment of
NASDAQ OMX Stockholm.

www.boliden.com

More information:
Access the news on Oslo Bors NewsWeb site

638018_Press_release.pdf