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

Core Points - Schouw & Co. initiated a share buy-back programme on 5 May 2025, with a total budget of DKK 120 million for the period from 5 May to 31 December 2025 [1] - The buy-back programme complies with EU regulations on market abuse and follows the "Safe Harbour" rules [1] Summary by Relevant Sections Share Buy-Back Programme - The programme aims to acquire shares worth up to DKK 120 million [1] - The buy-back period is set from 5 May to 31 December 2025 [1] Trading Activity - As of 14 November 2025, Schouw & Co. accumulated 182,100 shares at an average price of DKK 598.21, totaling DKK 108,934,418 [2] - From 17 November to 21 November 2025, the company bought an additional 7,100 shares at an average price of DKK 578.62, amounting to DKK 4,108,177 [2] - By 21 November 2025, the total number of shares acquired reached 189,200, with an average price of DKK 597.48, totaling DKK 113,042,595 [2] Treasury Shares - Following the buy-back transactions, Schouw & Co. holds a total of 2,231,193 treasury shares, representing 8.92% of the total share capital of 25,000,000 shares [2]