The share buybacks form part of the SEK 3.0 billion share buyback programme that H&M announced on 27 September 2023. The share buyback programme, which runs between 27 September 2023 and no later than 31 March 2024, is being carried out in accordance with Regulation (EU) No 596/2014 on market abuse (the Market Abuse Regulation - MAR) and Commission Delegated Regulation (EU) 2016/1052 (the so-called Safe Harbour Regulation).

H&M B shares have been repurchased as follows:

Date: Aggregated daily Weighted average Total daily
volume (number of share price per day transaction value
shares): (SEK): (SEK):
13 November 155,000 155.0170 24,027,635
2023
14 November 160,000 155.5118 24,881,888
2023
15 November 145,000 162.2736 23,529,672
2023
16 November 83,790 162,1499 13 586 540
2023
17 November 150,000 165.8425 24,876,375
2023
Total 693,790 159.8497 110,902,110
accumulated
over
week
46/2023
Total 5,883,790 154.1971 907,444,830
accumulated
during the
buyback
programme

All acquisitions have been carried out on Nasdaq Stockholm by Danske Bank on behalf of H&M. Following the above acquisitions, H&M's holding of own shares amounts to 5,883,790 B shares as of 20 November 2023. The total number of shares in H&M, including the own shares, is 1,629,686,837 and the number of outstanding shares, excluding the own shares, is 1,623,803,047.

A full breakdown of the transactions is attached to this announcement.

Contact:

Joseph Ahlberg, Head of Investor Relations

Telephone: +46734659392

E-mail: joseph.ahlberg@hm.com

For more information from the H&M group and press images visit hmgroup.com/media.

H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted
on Nasdaq Stockholm. H&M's business idea is to offer fashion and quality at
the best price in a sustainable way. In addition to H&M, the group includes
the brands COS, Monki, Weekday, & Other Stories, H&M HOME, ARKET and Afound as
well as Sellpy. For further information, visit hmgroup.com.