H+H International

Transaction in Own Shares • May 26, 2021

Company announcement No. 422, 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 info@HplusH.com www.HplusH.com

CVR No. 49 61 98 12 LEI: 3800GJODT6FV8QM841

Date: 26 May 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 19 May 2021 to 25 May 2021:

	No. of shares	Average price (DKK)	Total value (DKK)
Accumulated under the programme	151,000		24,753,906.00
19 May 2021	2,000	190.05	380,100.00
20 May 2021	1,800	196.12	353,016.00
21 May 2021	1,500	197.19	295,785.00
25 May 2021	1,500	202.24	303,360.00
Total	6,800		1,332,261.00
Accumulated under the programme	157,800		26,086,167.00

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

Following these transactions, H+H holds 228,000 shares as treasury shares, corresponding to 1.27 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 aho@HplusH.com