Schouw & Co. share buy-back programme, week 47 2025

24 Nov 2025 15:00 CET

On 5 May 2025, Schouw & Co. initiated a share buy-back programme as outlined in
Company Announcement no. 20 of 2 May 2025. Under the programme, Schouw & Co.
will acquire shares for up to DKK 120 million during the period 5 May to 31
December 2025.

The buy-back will be structured in accordance with Regulation (EU) No. 596/2014
of the European Parliament and of the Council of 16 April 2014 on market abuse
(MAR) and the Commission's delegated regulation (EU) 2016/1052 of 8 March 2016
("Safe Harbour" rules).

No. of Average
Trading day shares price Amount
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Accumulated until 14 November
2025 182,100 598.21 108,934,418
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Monday, 17 November 2025 1,400 573.79 803,306

Tuesday, 18 November 2025 1,500 572.24 858,360

Wednesday, 19 November 2025 1,500 581.20 871,800

Thursday, 20 November 2025 1,300 584.31 759,603

Friday, 21 November 2025 1,400 582.22 815,108
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In the period 17 November
2025 - 21 November 2025 7,100 578.62 4,108,177
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Accumulated until 21 November
2025 189,200 597.48 113,042,595
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Following the above transactions, Schouw & Co. holds a total of 2,231,193
treasury shares corresponding to 8.92% of the total share capital of
25,000,000 shares.

Aktieselskabet Schouw & Co.

Jørgen Dencker Wisborg, Chairman
Jens Bjerg Sørensen, President, telephone number +45 86 11 22 22

More information:
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660422_2025-11-24 FBM25-54 SBB-w47 ENG.pdf
660422_SBB2025 Week 47.pdf