AF Gruppen

Transaction in Own Shares • Jun 3, 2022

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 300,000 shares and will comprise acquisitions of own shares for an aggregate amount of up to NOK 50,000,000. The program will commence on June 7 and will end no later than June 17, 2022. 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 programs.

For further information, please contact: CFO Sverre Hærem, telephone: +47 952 45 167.

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.