AF Gruppen

Transaction in Own Shares • Sep 22, 2021

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 11 2021.

The share buyback program will be for a maximum of 400,000 shares and will comprise acquisitions of own shares for an aggregate amount of up to NOK 80,000,000. The program will commence on September 22 and continue until October 12, 2021. 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 program.

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

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.