AF Gruppen

Transaction in Own Shares • Feb 10, 2023

AF Gruppen ASA initiates share buyback program

AF Gruppen ASA initiates share buyback program

AF Gruppen ASA (the "Company") has decided to initiate a share buyback program. The buyback program will be conducted in accordance with the authorization provided by the annual general meeting to the board of directors on May 13 2022.

The share buyback program will be for a maximum of 200,000 shares and will comprise acquisitions of own shares for an aggregate amount of up to NOK 30,000,000. The program will commence on February 13 and will end no later than March 10, 2023. Buyback transactions will be executed according to the market price on the Oslo Stock Exchange. The shares purchased under this program will be used in connection with the Company's employee share and incentive programs.

For further information, please contact: CFO Anny Øen, telephone: +47 982 23 116.

This information is made public by the Company pursuant to the EU Market Abuse Regulation article 5, as supplemented by Commission Delegated Regulation (EU) 2016/1052 and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.