Schouw & Co. share buy-back programme, week 34 2025

On 5 May 2025, Schouw & Co. initiated a share buy-back programme as outlined in
Company Announcement no. 20 of 2 May 2025. Under the programme, Schouw & Co.
will acquire shares for up to DKK 120 million during the period 5 May to 31
December 2025.



The buy-back will be structured in accordance with Regulation (EU) No. 596/2014
of the European Parliament and of the Council of 16 April 2014 on market abuse
(MAR) and the Commission's delegated regulation (EU) 2016/1052 of 8 March 2016
("Safe Harbour" rules).



No. of Average
Trading day shares price Amount
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Accumulated until 15 August
2025 99,500 597.56 59,457,510
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Monday, 18 August 2025 2,000 582.18 1,164,360

Tuesday, 19 August 2025 1,500 603.63 905,445

Wednesday, 20 August 2025 1,500 600.17 900,255

Thursday, 21 August 2025 1,500 597.75 896,625

Friday, 22 August 2025 1,500 599.08 898,620
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In the period 18 August 2025
- 22 August 2025 8,000 595.66 4,765,305
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Accumulated until 22 August
2025 107,500 597.42 64,222,815
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Following the above transactions, Schouw & Co. holds a total of 2,149,493
treasury shares corresponding to 8.60% of the total share capital of
25,000,000 shares.





Aktieselskabet Schouw & Co.



Jørgen Dencker Wisborg, Chairman

Jens Bjerg Sørensen, President, telephone number +45 86 11 22 22