Cinkarna Celje

Share Issue/Capital Change • Apr 17, 2025

The text is an informative translation of the original document in Slovene.

REPORT ON THE ACQUISITION OF TREASURY SHARES OF CINKARNA CELJE, d. d.

At its 28th session that was held on 19 June 2024, the General Meeting of Shareholders of Cinkarna Celje, d. d. (hereinafter also the company) authorised the Management Board to obtain treasury shares whereby the total share of all treasury shares, including the shares that the company already owns, may not exceed 10% of the company's initial capital (807.977 shares). The Power of Attorney of the General Meeting was granted for a period of 12 months. Pursuant to the Power of Attorney, the Company may acquire treasury shares either by engaging in transactions on regulated markets in financial instruments or in over-thecounter transactions. The purchase price of acquired treasury shares may not be under EUR 14.00/share and not above EUR 29.00/share.

In accordance with the Power of Attorney granted by the General Meeting the Management Board adopted the Treasury Share Buyback Program, with the aim of public and transparent trading in treasury shares, taking into account equal treatment of all shareholders, protection of interests of shareholders and prevention of risks of market abuse.

The acquisition of treasury shares was conducted in accordance with the Power of Attorney granted at the 28th session of the General Meeting and the adopted Treasury Share Buyback Program. The acquisition of treasury shares in the regulated market was executed through purchase orders submitted to INTERKAPITAL vrijednosni papiri d.o.o., which is a member of the Ljubljana Stock Exchange. The purchases were transparent and pursuant to the relevant regulatory framework that applies to investment companies. The company did not acquire any shares in over-the-counter transactions. The Company will keep the public regularly informed of any share repurchase transactions on the website of the Ljubljana Stock Exchange, d. d., in the SEOnet information system (http://seonet.ljse.si) and on the Company's official website.

According to the register, as at 15 April 2025, the company owns a total of 8,079,770 ordinary no-par value shares, whereby the total number of treasury shares of the company on that day equals 299,874, which represents 3.71 % of all issued shares; note that 35,224 treasury shares were acquired on the basis of the decision of the 28th General Meeting of Shareholders of the company of 19 June 2024.

The value of the total purchase of treasury shares of the company on the regulated market of the Ljubljana Stock Exchange in the period from the granting of the Power of Attorney at the 28th General Meeting of Shareholders of 19 June 2024 to 15 April 2025 totalled EUR 874,007.20, with the average purchase price per share of EUR 24.81, and the lowest issue price per share of EUR 22.70.

CINKARNA Celje, d. d. Aleš Skok President of the Management Board