Launch of previously announced share buy-back programme of up to DKK 1.4 billion

Core Viewpoint - FLSmidth & Co. A/S has launched a share buy-back programme of up to DKK 1.4 billion, aimed at adjusting its capital structure and fulfilling obligations from share-based incentive programmes, with plans to propose cancellation of any repurchased shares not used for these obligations at a future General Meeting [1]. Group 1: Share Buy-Back Programme Details - The share buy-back programme is authorized by the Board of Directors, allowing the company to acquire its own shares up to 10 percent of its share capital before the next Annual General Meeting scheduled for 24 March 2026 [2]. - The programme will run from 25 June 2025 to no later than 20 March 2026, with a maximum repurchase amount of DKK 1.4 billion and up to 4,600,000 shares, representing approximately 8 percent of the company's share capital [4]. - Shares repurchased on any trading day cannot exceed 25 percent of the average daily trading volume over the preceding 20 trading days [5]. Group 2: Compliance and Management - The share buy-back programme will comply with EU regulations on market abuse and is managed independently by BNP Paribas, which will make all trading decisions without FLSmidth's involvement [3]. - Shares will be purchased at prices not exceeding the higher of the last independent transaction price or the highest independent bid, with a maximum deviation of 10 percent from the official price on Nasdaq Copenhagen at the time of acquisition [6]. - FLSmidth reserves the right to suspend the buy-back programme at any time, with announcements to be made regarding transactions at least every 7 trading days [7].