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2024-02-05 14:00:00

Evolution AB (publ) ("Evolution") has, during the period 29 January - 2 February acquired a total of 127,680 own shares within the framework of the repurchase programme introduced by the board of directors to improve the capital structure of Evolution by reducing the capital, and thereby creating added shareholder value.

The repurchase programme, which Evolution announced on 23 November 2023, is being implemented in accordance with the EU Market Abuse Regulation No 596/2014 ("MAR") and Commission Delegated Regulation No 2016/1052 ("Safe Harbour Regulation").

During the period 29 January - 2 February, shares in Evolution have been acquired as set out below.

Date Aggregated daily Weighted average Daily transaction
volume (number of price per day value per day
shares) (SEK) (SEK)
2024 40,000 1,216.3097 48,652,388.00
-01
-29
2024 33,750 1,227.4334 41,425,877.25
-01
-30
2024 53,500 1,221.5388 65,352,325.80
-01
-31
2024 430 1,238.7386 532,657.60
-02
-01
2024 - - -
-02
-02

All acquisitions were carried out on Nasdaq Stockholm on behalf of Evolution by Citibank which makes its trading decisions concerning the timing of the purchases of shares independently of Evolution. Following the above acquisitions, Evolution's holding of own shares amounted to 3,840,155 as of 2 February 2024. The total number of shares in Evolution is 215,604,777.

A full breakdown of the transactions conducted according to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this press release. Since 27 November up to and including 2 February, a total of 2,133,623 shares have been acquired within the scope of the programme. A maximum of 19,853,945 shares in total may be acquired. For information about all transactions carried out under the repurchase programme, please refer to Nasdaq Stockholm's website, https://www.nasdaqomxnordic.com/news/corporate-actions/repurchase-of-own-shares.

For further information, please contact:
Jacob Kaplan, CFO, ir@evolution.com.

The information was submitted for publication, under the agency of the contact person set out above, on 5 February 2024, at 14:00 CET.