The share buy-backs form a part of the share repurchase program of a maximum amount of SEK 100 million, which Arise announced on 14 November 2023. The share repurchase program, which runs from 16 November 2023 until the date of Arise's Annual General Meeting in 2024, is being 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"). The purpose of the repurchase of the ordinary shares is to adapt the Company's capital structure to its capital requirements over time, and thereby contribute to increased shareholder value. The intention is currently that the ordinary shares that have been repurchased will then be cancelled by resolutions at future General Meetings.

Arise shares have been repurchased (in SEK) as follows:

Date Aggregated daily Weighted average Total daily
volume (number of share price per day transaction value
shares) (SEK) (SEK)

25/12/
2023
26/12/
2023
27/12/ 19,025 44.3334 843,442.94
2023
28/12/ 21,458 44.4263 953,299.55
2023
29/12/ 21,207 45.3087 960,861.60
2023

All acquisitions have been carried out on Nasdaq Stockholm by Kepler Cheuvreux on behalf of Arise. Following the above acquisitions, Arise's holding of own shares as of 29 December 2023 amounts to 661,767 shares. The total number of shares in Arise amounts to 44,494,235.

A full breakdown of the transactions pursuant to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this announcement.

Halmstad, 2 January 2024

ARISE AB (publ)

For further information, please contact:

Per-Erik Eriksson, CEO Arise AB, +46 702 409 902

This information was submitted for publication, through the agency of the contact person set out above, at 18:00 CET on 2 January 2024.