The Board of Directors of Trelleborg has decided to exercise the authorization granted by the Annual General Meeting on April 24, 2025, to acquire own shares of series B.

The Board's ambition is to continue share buybacks in the long term without restricting the Group's scope for acquisitions and investments in the business. Acquisitions and investments, in combination with share buybacks, contribute to increased shareholder value.

In light of the ongoing weakening of established trading relationships, which has created greater uncertainty around future prospects, the Board of Directors has decided to use a limited part of the Annual General Meeting's authorization for share buybacks from April 25, 2025, to July 25, 2025. After the decided buybacks have been carried out, the Board of Directors will take a new position on the level of buybacks of own shares.

Acquisition of shares will be carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 (”MAR”) and the Commission Delegated Regulation (EU) No 2016/1052 (the “Safe Harbour Regulation”). Acquisitions of shares will be managed by an investment firm or a credit institution that makes its trading decisions independently of Trelleborg with regard to the timing of the acquisition of shares in Trelleborg.

The buyback program is subject to the following terms:
(i) acquisitions shall be made on Nasdaq Stockholm in accordance with the Nordic Main Market Rulebook for Issuers of Shares (below the “Rulebook”) as well as in accordance with MAR and the Safe Harbour Regulation;

(ii) acquisitions may be made from and including April 25, 2025, until and including July 25, 2025;

(iii) a maximum of 2,500,000 shares of series B may be repurchased for a total maximum amount of SEK 500 million, however, the company’s holding of own shares may not at any time exceed 10 percent of the outstanding shares in the company;

(iv) acquisitions may only be made at a price which falls within the prevailing price interval registered at each point in time (i.e. in the interval between the highest purchase price and the lowest selling price) and in addition, in accordance with the price restrictions in the Safe Harbour Regulation;

(v) acquisitions may only be made in accordance with the restrictions regarding volume for acquisitions of own shares stated in the Rulebook and in the Safe Harbour Regulation; and

(vi) payment of acquired shares shall be made in cash

The purpose of the Board of Directors’ decision is to adapt the company’s capital structure and thereby contribute to increased shareholder value. Shares will also be repurchased for the PSP 2024/2027 for reasons and rationales set out in the AGM Notice item 17b. The intent is that the repurchased shares, excluding shares repurchased for the PSP 2025/2027, will later be cancelled by resolution of upcoming Annual General Meetings.

The total number of shares in Trelleborg on the date of this press release amounts to 241,547,186, of which 28,500,000 are shares of series A and 213,047,186 are shares of series B. The company holds 12,364,825 own shares of series B at the time of this press release.

Following the cancellation of 10,218,813 of the company’s own shares of series B, which was resolved upon by the Annual General Meeting held on April 24, 2025, which corresponds to the number of shares held at the time the Board of Directors decided on the notice of the Annual General Meeting, the total amount of shares will amount to 231,328,373 whereof 28,500,000 are shares of series A and 202,828,373 are shares of series B.