Schouw & Co. share buy-back programme, week 48 2025

01 Dec 2025 16:22 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 21 November
2025 189,200 597.48 113,042,595
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Monday, 24 November 2025 1,400 585.90 820,260

Tuesday, 25 November 2025 1,400 592.72 829,808

Wednesday, 26 November 2025 1,400 600.63 840,882

Thursday, 27 November 2025 1,400 605.70 847,980

Friday, 28 November 2025 1,400 607.30 850,220
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In the period 24 November
2025 - 28 November 2025 7,000 598.45 4,189,150
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Accumulated until 28 November
2025 196,200 597.51 117,231,745
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Following the above transactions, Schouw & Co. holds a total of 2,238,193
treasury shares corresponding to 8.95% 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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661002_2025-12-01 FBM25-56 SBB-w48 ENG.pdf
661002_SBB2025 Week 48.pdf