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H+H International

Transaction in Own Shares Nov 3, 2021

3404_dirs_2021-11-03_d8f101d1-7715-46c5-b736-ff7968c4c06b.pdf

Transaction in Own Shares

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Company announcement No. 447, 2021 Transactions in connection with share buy-back programme

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

Telephone +45 35 27 02 00 [email protected] www.HplusH.com

CVR No. 49 61 98 12 LEI: 3800GJODT6FV8QM841

Date: 3 November 2021

On 4 March 2021, H+H International A/S (hereinafter referred to as "H+H" or "the Company") initiated a share buy-back programme in compliance with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on Market Abuse and Commission Delegated Regulation (EU) 1052/2016 of 8 March 2016 (the "Safe Harbour Regulation"). On 18 March 2021, the share buy-back programme was increased by DKK 15 million, thereby increasing the maximum aggregate purchase price of the shares to be bought back under the programme to DKK 115 million.

The share buy-back programme is expected to be realised over a 12-month period, starting from 4 March 2021. Under the share buy-back programme, H+H may repurchase shares up to a maximum amount of DKK 115 million, and no more than 1,728,136 shares, corresponding to approximately 9.6 percent of the share capital of the Company.

The following transactions were executed under the share buy-back programme from 27 October 2021 to 3 November 2021:

No. of shares Average price (DKK) Total value (DKK)
Accumulated, last announcement 368,600 71,200,035.00
27 October 2021 1,700 251.73 427,941.00
28 October 2021 1,800 248.49 447,282.00
29 October 2021 1,500 250.45 375,675.00
1 November 2021 1,500 261.61 392,415.00
2 November 2021 753 268.91 202,489.23
Total 7,253 1,845,802.23
Accumulated under the programme 375,853 73,045,837.23

Details of each transaction are included as an appendix to this announcement.

Following these transactions, H+H holds 446,053 shares as treasury shares, corresponding to 2.48 percent of the Company's total share capital.

For further information please contact:

Andreas Holkjær Investor Relations and Treasury Manager +45 24 48 03 67 [email protected]

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