Elopak ASA

Elopak ASA: Transactions update under share buy-back programme

Elopak ASA ("Elopak", Oslo Børs Ticker: ELO) announced on September 15, 2025,

the launch of a share buy-back programme for the repurchase of up to 360,000

shares for a maximum aggregate amount of NOK 18,000,000, to meet the company's

obligations under its long-term incentive plan. The buy-back will be conducted

until September 30, 2025.

Please see details enclosed regarding transactions conducted under the

buy-back programme and the company's holding of own shares as at the date

hereof, detailing the transaction on an aggregate daily basis as well as a

comprehensive list of all transactions.

For further information, please contact:

Christian Gjerde, Head of Treasury and Investor Relations

Tel: +47 980 60 909

This information is subject to disclosure under the Norwegian Securities

Trading Act, §5-12. The information was submitted for publication at

2025-09-29 08:00 CEST.

About Elopak

Elopak is a leading global supplier of carton packaging and filling equipment.

The company's iconic Pure-Pak® cartons are made using renewable, recyclable

and sustainably sourced materials, providing a natural and convenient

alternative to plastic bottles that fits within a low carbon circular economy.

Founded in Norway in 1957, Elopak was listed on the Oslo Stock Exchange in

2021. Today it employs 2,850 people and sells 16 billion cartons annually

across more than 70 countries.

Elopak is a UN Global Compact participant member. We have set Science Based

Targets to reduce emissions in line with the 1.5-degree trajectory and aim to

be Net-Zero by 2050. In 2023, we achieved a gold rating by EcoVadis and were

rated top 2% sustainable companies in the world.

For more information, go to www.elopak.com or follow us @Elopak on LinkedIn.

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