Elopak ASA ("Elopak", ticker: ELO) announced on August 29, 2024 the launch of a
share buy-back programme for the repurchase of up to 500,000 shares for a
maximum aggregate amount of NOK 25,000,000, to meet the company's obligations
under its long-term incentive plan. The share buy-back program is now completed.
 

Under the share buy-back program, Elopak purchased a total of 500,000 own shares
at Oslo Børs at an average price of NOK 42,63 per share. Following the
completion of such transactions, Elopak owns a total of 527,784 own shares,
corresponding to 0,2% of the company's share capital.

Please see details enclosed regarding transactions conducted under the buy-back
program, detailing the transaction on an aggregate daily basis as well as a
comprehensive list of all transactions.

For further information, please contact:
Christian Gjerde, Head of Treasury and Investor Relations
E-mail: christian.gjerde@elopak.com 
Tel: +47 980 60 909

Elopak ASA
Oslo, October 1, 2024

This information is subject to disclosure under the Securities Trading Act
section 5-12.

About Elopak
Elopak is a leading global supplier of carton packaging and filling equipment.
The company's iconic Pure-Pak® cartons are made using renewable, recyclable and
sustainably sourced materials, providing a natural and convenient alternative to
plastic bottles that fits within a low carbon circular economy.

Founded in Norway in 1957, Elopak was listed on the Oslo Stock Exchange in 2021.
Today it employs 2,700 people and sells in excess of 14 billion cartons annually
across more than 70 countries.

Elopak is a UN Global Compact participant member. We have set Science Based
Targets to reduce emissions in line with the 1.5 degree trajectory, and aim to
be Net-Zero by 2050. In 2023, we achieved a gold rating by EcoVadis and were
rated top 2% sustainable companies in the world.

For more information, go to www.elopak.com or follow us @Elopak on LinkedIn.