The repurchase of shares will be carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and the European Commission's Delegated Regulation (EU) No 2016/1052 (the "Safe Harbour Regulation"). The repurchase of shares will be carried out by Skandinaviska Enskilda Banken AB (publ) ("SEB") which, based on the trading order given by Boliden to SEB, will make its own trading decisions regarding the timing of the repurchases independently of Boliden.

The repurchase now resolved by the Board of Directors shall fulfil the following terms and conditions:

i. Repurchases shall be made on Nasdaq Stockholm in accordance with the Nordic Main Market Rulebook for Issuers of Shares (the "Rulebook") and in accordance with MAR and the Safe Harbour Regulation.
ii. The repurchases shall commence no earlier than 20 October 2023 and shall end no later than 27 October.
iii. A maximum of 40,000 shares in the Company may be repurchased for a total amount of up to SEK 13.2 million in order to ensure delivery of shares to participants in the Programme. However, the company's holding of shares may not at any time exceed 10 per cent of all shares in the company.
iv. Repurchases may only be made in compliance with the volume restrictions for the purchase of treasury shares as set out in the Rulebook and in the Safe Harbour Regulation. Repurchases may only be made at a price per share within the price interval applicable from time to time on Nasdaq Stockholm, i.e. the interval between the highest buying price and the lowest selling price on Nasdaq Stockholm from time to time and, in addition, the price restrictions in the Safe Harbour Regulation shall be observed.
v. Payment for shares shall be made in cash.

The total number of shares in Boliden amounts to  273,511,169 shares. At the time of this press release, the company does not hold any treasury shares.

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For further information please contact:

Klas Nilsson, Director of Communications, tel: 070 - 453 65 88