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Ackermans & van Haaren NV

Transaction in Own Shares Oct 26, 2023

3903_dirs_2023-10-26_34d42df8-c1b5-4f99-ba55-5a54033a1705.pdf

Transaction in Own Shares

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Acquisition and disposal of own shares

The extraordinary shareholders' meeting of Ackermans & van Haaren NV has on October 20, 2023 renewed the powers delegated to the board of directors to acquire and sell own shares for a period of 5 years.

This press release includes information on the acquisitions and disposals made between October 18, 2023 and October 26, 2023.

Ackermans & van Haaren NV has concluded a liquidity contract with Kepler Cheuvreux to improve the liquidity of the AvH share. In the framework of this liquidity programme, AvH shares are acquired and sold on Euronext Brussels on behalf of Ackermans & van Haaren. Since January 1, 2023, this has resulted in a net acquisition of 19,923 own shares. Kepler Cheuvreux has in the period from October 18, 2023 until October 26, 2023 acquired a total of 7,200 shares and sold 7,952 shares on Euronext Brussels.

Ackermans & van Haaren has acquired 375,091 shares since January 1, 2023. As part of the share buyback programme announced in October 2022 (for up to 70.0 million euros), 445,724 shares were acquired for a totalsum of 64,002,894 euros since the start of the programme until October 26, 2023. 80,000 of these shares have in the meanwhile been allocated to cover the stock option plan obligations. 30,600 shares were acquired on Euronext Brussels in the period between October 18, 2023 and October 26, 2023.

Ackermans & van Haaren currently owns 858,253 own shares, or 2.56% of the total shares outstanding.

Acquisition of own shares (on Euronext Brussels in the framework of the liquidity programme)

Date Number of shares Average price
(in euros)
Lowest price
(in euros)
Highest price
(in euros)
Total amount
(in euros)
18/10/2023 1,200 140.36 139.90 140.80 168,432.00
19/10/2023 1,200 139.27 139.00 139.60 167,124.00
20/10/2023 1,200 138.63 138.00 139.50 166,356.00
23/10/2023 1,200 138.62 137.80 139.40 166,344.00
24/10/2023 1,200 138.64 138.40 138.90 166,368.00
25/10/2023 1,200 137.51 137.00 138.20 165,012.00

Disposal of own shares (on Euronext Brussels in the framework of the liquidity programme)

Date Number of shares Average price
(in euros)
Lowest price
(in euros)
Highest price
(in euros)
Total amount
(in euros)
18/10/2023 2,052 140.49 139.80 141.00 288,285.48
19/10/2023 1,400 139.59 139.20 139.80 195,426.00
20/10/2023 1,589 139.34 139.80 138.80 221,411.26
23/10/2023 1,111 138.59 137.80 139.40 153,973.49
24/10/2023 1,200 138.65 138.50 138.90 166,380.00
25/10/2023 600 137.48 137.30 137.90 82,488.00

Acquisition of own shares (on Euronext Brussels in the framework of the share buyback programme)

Average price Lowest price Highest price Total amount
Date Number of shares (in euros) (in euros) (in euros) (in euros)
18/10/2023 5,100 140.15 139.60 141.00 714,773.16
19/10/2023 5,100 139.48 138.90 139.90 711,349.02
20/10/2023 5,100 139.12 138.10 139.90 709,500.78
23/10/2023 5,100 138.45 137.50 139.20 706,081.74
24/10/2023 5,100 138.48 137.90 139.00 706,245.96
25/10/2023 5,100 137.18 136.40 138.30 699,632.28

Ackermans & van Haaren

Ackermans & van Haaren positions itself as the long-term partner of choice of family businesses and management teams to help build high-performing market leaders and contribute to a more sustainable world.

Ackermans & van Haaren is a diversified group operating in 4 core sectors: Marine Engineering & Contracting (DEME, one of the largest dredging companies in the world - CFE, a construction group with headquarters in Belgium), Private Banking (Delen Private Bank, one of the largest independent private asset managers in Belgium, and asset manager JM Finn in the UK - Bank Van Breda, niche bank for entrepreneurs and the liberal professions in Belgium), Real Estate (Nextensa, a listed integrated real estate group) and Energy & Resources (SIPEF, an agroindustrial group in tropical agriculture). In its Growth Capital segment, AvH also provides growth capital to sustainable companies in different sectors.

At an economic level, the AvH group represented in 2022 a turnover of 5.7 billion euros and employed 21,453 people through its share in the participations. AvH is listed on Euronext Brussels and is included in the BEL20 index, the BEL ESG index and the European DJ Stoxx 600 index.

Website Contact

All press releases issued by AvH and its most important group companies as well as the 'Investor Presentation' can also be consulted on the AvH website: www.avh.be. Anyone who is interested to receive the press releases via email has to register to this website.

For further information please contact:

John-Eric Bertrand co-CEO - co-Chairman executive committee - Tel. +32.3.897.92.08

Piet Dejonghe co-CEO - co-Chairman executive committee - Tel. +32.3.897.92.36

Tom Bamelis CFO - Member executive committee - Tel. +32.3.897.92.35

e-mail: [email protected]

Financial calendar

• November 23, 2023...................Interim statement Q3 2023

• February 29, 2024 ...................Annual results 2023

Ackermans & van Haaren NV - Begijnenvest 113 - 2000 Antwerp - Tel. +32 3 231 87 70 - [email protected] - www.avh.be

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