Elopak ASA

Transaction in Own Shares • Oct 1, 2025

Elopak ASA: Transactions update under - and completion of share buy-back program

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 share buy-back program is now completed.

Under the share buy-back program, Elopak purchased a total of 330,000 own shares at Oslo Børs at an average price of NOK 45.7692 per share. Following the completion of such transactions, Elopak owns a total of 587,532 own shares, corresponding to 0.22% of the company's share capital.

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 E-mail: christian.gjerde@elopak.com 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 2025-10-01 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.

PRESS RELEASE 01 October 2025 08:00:00 CEST

Attachments Appendix 1 Aggregate Transactions 30.09.2025 Appendix 2 List of Transactions 30.09.2025