Covestro AG

Transaction in Own Shares • Jun 30, 2023

News Details

Other Capital Market Information | 30 June 2023 13:23

Covestro AG: Release of a capital market information

Covestro AG / Share buyback

Covestro AG: Release of a capital market information

30.06.2023 / 13:23 CET/CEST

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Covestro AG: Disclosure of a capital market information

Covestro AG / Share buyback

Disclosure according to Article 5 para. 1 lit. b) and para. 3 of the Regulation (EU) no. 596/2014 and Article 2 para. 2 and para. 3 of the Delegated Regulation (EU) no. 2016/1052

Share buyback – 3 rd Tranche – Final Report

In the period from June 26, 2023 until and including June 29, 2023 a number of 128,210 shares were bought back within the framework of the third tranche of the share buyback program of Covestro AG, the start of which was disclosed on May 17, 2023 pursuant to Article 5 para. 1 lit. a) of the Regulation (EU) No. 596/2014 and Article 2 para. 1 of the Delegated Regulation (EU) No. 2016/1052 for May 17, 2023.

The number of shares bought back daily and the daily volume-weighted average share prices are as follows:

Day of repurchase	Aggregated volume (number of shares)	Volume-weighted average share price (EUR)
06/26/2023	31,900	49.5421
06/27/2023	31,370	49.8130
06/28/2023	31,940	48.9195
06/29/2023	33,000	47.3583

The third tranche of the share buyback program was completed as of June 29, 2023. The total volume of shares which have been bought back in the course of the third tranche of the share buyback program in the period from May 17, 2023 until and including June 29, 2023 amounts to a number of 1,208,035 shares. The average purchase price per share was € 40.8147. In total, treasury shares were repurchased at a total price of € 49,305,572.32 (excluding incidental acquisition costs).

The total volume of shares which have been bought back in the course of the three tranches of the share buyback program in the period from March 21, 2022 until and including June 29, 2023 amounts to a number of 4,687,991 shares, corresponding to 2.4% of the company’s stock capital.

The purchase of the shares of Covestro AG was carried out by a bank that has been commissioned by Covestro AG; the shares are purchased on the electronic trading platform of the Frankfurt Stock Exchange (Xetra).

Further information according to Article 5 para. 1 lit. b) and para. 3 of the Regulation (EU) no. 596/2014 and Article 2 para. 2 and para. 3 of the Delegated Regulation (EU) no. 2016/1052 is published on the website of Covestro AG at www.covestro.com/en/investors .

Leverkusen, June 30, 2023

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30.06.2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:	English
Company:	Covestro AG
	Kaiser-Wilhelm-Allee 60
	51373 Leverkusen
	Germany
Internet:	www.covestro.com

End of News	EQS News Service