Elopak ASA

Transaction in Own Shares • Dec 11, 2023

ELOPAK ASA: Launch of share buy-back programme

ELOPAK ASA: Launch of share buy-back programme

Oslo, December 11, 2023: Elopak ASA (the "Company") has resolved to launch a buy‐back programme

for the repurchase of up to 150,000 shares for a maximum aggregate amount of NOK 4,950,000. The

buy‐back will be conducted during the period from December 11, 2023 to and including December 22,

The buy‐back will be conducted in accordance with the authorization given by the Company's ordinary

general meeting on May 11, 2023.

The shares acquired under the share buy‐back programme will be used to meet the Company's

obligations towards employees who participate in the Company's long‐term incentive plan.

Shares will be purchased on the Oslo Stock Exchange based on prevailing market prices, to be

conducted in accordance with applicable safe harbour conditions.

The share buy-back program will be managed by DNB Markets, which will make its trading decisions regarding the timing of the share repurchases independently of, and without influence by, the Company.

This information is subject to disclosure under the Securities Trading Act section 5‐12.

Contact:

Mirza Koristovic, Head of IR

E‐mail: investors@elopak.com

Tel: +47 93 87 05 25