Schouw & Co. share buy-back programme, week 38 2025

Group 1 - Schouw & Co. initiated a share buy-back programme on 5 May 2025, with a total budget of DKK 120 million, running from 5 May to 31 December 2025 [1] - The buy-back programme is structured in compliance with EU regulations on market abuse and "Safe Harbour" rules [1] - As of 19 September 2025, Schouw & Co. has accumulated a total of 133,300 shares through the buy-back programme, representing 8.70% of the total share capital of 25,000,000 shares [2] Group 2 - The average price of shares acquired until 12 September 2025 was DKK 597.35, with a total amount spent of DKK 76,520,743 [2] - During the week of 15 September to 19 September 2025, Schouw & Co. purchased an additional 5,200 shares at an average price of DKK 604.56, totaling DKK 3,143,710 [2] - Following the recent transactions, the total number of treasury shares held by Schouw & Co. is 2,175,293 [2]