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Electrolux Transaction in Own Shares 2021

Dec 13, 2021

2907_iss_2021-12-13_a47b5b68-7c00-438b-a0cf-d67f35189451.pdf

Transaction in Own Shares

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During the period December 6 – December 10, 2021 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 427,890 own series B shares (ISIN: SE0016589188) as part of the buyback program initiated by the Board of Directors in order to optimize the company's capital structure.

The share buybacks form part of the buyback program of a maximum of 9,369,172 series B shares for a total maximum amount of SEK 2,800 million, which AB Electrolux announced on October 27, 2021. The buyback program, which runs between October 28, 2021 – March 25, 2022, is being carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and the Commission Delegated Regulation 2016/1052 (the "Safe Harbour Regulation"). The objective of the share buybacks is to optimize the company's capital structure and the intention is to reduce Electrolux share capital through subsequent share cancellations.

Series B shares in AB Electrolux have been repurchased (in SEK) as follows:

Date Aggregated
daily volume
(number of
shares)
Weighted
average share
price per day
(SEK)
Total daily
transaction value
(SEK)
06/12/2021 85,578 209.2820 17,909,935.00
07/12/2021 85,578 214.6238 18,367,075.56
08/12/2021 85,578 212.2223 18,161,551.43
09/12/2021 85,578 211.6418 18,111,881.96
10/12/2021 85,578 211.8192 18,127,063.50

All acquisitions have been carried out on Nasdaq Stockholm by Exane BNP Paribas on behalf of AB Electrolux. Following the above acquisitions, AB Electrolux holding of own shares as of December 10, 2021 amounts to 24,730,401 series B shares. The total number of shares in AB Electrolux amounts to 308,920,308.

A full breakdown of the transactions pursuant to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this announcement.