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Smartphoto Group N.V.

Transaction in Own Shares Jun 28, 2021

4001_dirs_2021-06-28_d508511e-77cb-4cf0-a268-a11d644b27a5.pdf

Transaction in Own Shares

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PRESS RELEASE – Regulated information Wetteren, June 28, 2021 – 05.45 p.m.

smartphoto group - Euronext Brussels: SMAR

smartphoto extends share repurchase programme

Update of June 28, 2021 on the purchase of treasury shares

Smartphoto group, the innovative e-commerce group from Wetteren, announces that, as part of the share repurchase programme started on September 17, 2020, and announced on September 16, 2020, the Board of Directors has decided to extend the duration up to and including May 31, 2023. The other modalities of this share repurchase programme remain unchanged.

In the period from June 22, 2021 to June 25, 2021 smartphoto group purchased a total of 5,276 shares via the Euronext trading platform.

These transactions were carried out on the regulated market NYSE Euronext Brussels, in accordance with the discretionary mandate given to KBC Securities by the Board of Directors.

Transaction date Trading market Number of shares Average price
(in EUR)
Lowest price
(in EUR)
Highest price
(in EUR)
Total
(in EUR)
22/06/2021 Euronext Brussels 2.201 29.58 28.70 30.00 65,192.30
23/06/2021 Euronext Brussels 1.000 29.58 29.50 29.70 29,580.00
24/06/2021 Euronext Brussels 1,425 29.19 29.10 29.30 41,600.03
25/06/2021 Euronext Brussels 650 29.08 29.00 29.20 18,899.99
Total Euronext Brussels 5.276 29.43 155,272.31

After the above-mentioned transactions, smartphoto group has purchased 46,857 shares through this share repurchase programme with starting date September 17, 2020. Thus smartphoto owns a total of 198,409 treasury shares, or 5.03% of the total number of shares issued (3,941,950).

Under the current share repurchase programme, treasury shares can still be repurchased up to and including May 31, 2023, or until the target value of EUR 3,000,000 in shares has been acquired; i.e. a remaining value of EUR 2,027,884.82.

The overview of all transactions concerning the purchase of treasury shares since September 17, 2020, the start of the current repurchase programme, is displayed on our website www.smartphotogroup.com under the heading: "Investors/Information for shareholders/Purchase treasury shares".

About smartphoto group

Smartphoto group, the innovative e-commerce group, operates in 12 European countries and primarily targets consumers.

Smartphoto group is active in B2C e-commerce with affordable, high-quality personalised products such as photo books, personalised gifts, cards, calendars, wall decoration and prints.

The shares of smartphoto group are traded on Euronext Brussels (ISIN BE0974323553, ticker symbol SMAR).

For additional information

Stef De corte*, CEO

smartphoto group NV Kwatrechtsteenweg 160 B- 9230 Wetteren Tel. +32.9.365.99.10 E-mail: [email protected] - Internet: www.smartphotogroup.com

* Fixed representative of Acortis BV

This press release is a free translation of the official Dutch version.

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