H+H International

Transaction in Own Shares • Oct 3, 2022

Company announcement No. 510, 2022 Treasury shares exceeding 5% of the share capital and voting rights

H+H International A/S Lautrupsgade 7, 5. 2100 Copenhagen Ø Denmark

Telephone +45 35 27 02 00 info@HplusH.com www.HplusH.com

CVR No. 49 61 98 12 LEI: 3800GJODT6FV8QM841

Date: 3 October 2022

In accordance with Section 31 of the Danish Capital Markets Act it is hereby announced, that H+H International A/S (hereinafter referred to as "H+H" or "the Company") owns a total of 878,931 treasury shares of nominally DKK 10 (in total nominally DKK 8,789,310), equal to 5.02% of the total share capital and the total voting rights in the Company and thereby exceeding the major shareholder threshold of 5%.

The threshold of 5% was reached on 30 September 2022 as a result of the current share buy-back programme of up to DKK 150 million, initiated 4 March 2022, see company announcement No. 469 of 3 March 2022.

The share buy-back programme is carried out with the objective of adjusting the capital structure of H+H, and it is expected that any shares bought back under the programme, which are not used to meet obligations relating to the Company's share-based incentive programs, will be proposed cancelled at the Annual General Meeting in 2023.

For further information please contact:

Peter Klovgaard-Jørgensen Chief Financial Officer +45 35 27 02 00 Shareholder@HplusH.com