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Schouw & Co.

Transaction in Own Shares Nov 3, 2025

3383_rns_2025-11-03_1ff11683-45f3-4c4a-b260-381af790cada.html

Transaction in Own Shares

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Schouw & Co. share buy-back programme, week 44 2025

Schouw & Co. share buy-back programme, week 44 2025

On 5 May 2025, Schouw & Co. initiated a share buy-back programme as outlined in

Company Announcement no. 20 of 2 May 2025. Under the programme, Schouw & Co.

will acquire shares for up to DKK 120 million during the period 5 May to 31

December 2025.

The buy-back will be structured in accordance with Regulation (EU) No. 596/2014

of the European Parliament and of the Council of 16 April 2014 on market abuse

(MAR) and the Commission's delegated regulation (EU) 2016/1052 of 8 March 2016

("Safe Harbour" rules).

No. of Average

Trading day shares price Amount

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Accumulated until 24 October

2025 163,000 598.60 97,571,471

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Monday, 27 October 2025 1,000 634.10 634,100

Tuesday, 28 October 2025 1,000 637.93 637,930

Wednesday, 29 October 2025 1,100 612.78 674,058

Thursday, 30 October 2025 1,200 601.50 721,800

Friday, 31 October 2025 1,300 594.60 772,980

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In the period 27 October

2025 - 31 October 2025 5,600 614.44 3,440,868

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Accumulated until 31 October

2025 168,600 599.12 101,012,339

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Following the above transactions, Schouw & Co. holds a total of 2,210,593

treasury shares corresponding to 8.84% of the total share capital of

25,000,000 shares.

Aktieselskabet Schouw & Co.

Jørgen Dencker Wisborg, Chairman

Jens Bjerg Sørensen, President, telephone number +45 86 11 22 22

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