Europris

Transaction in Own Shares • Nov 3, 2020

Europris ASA initiates share buy-back programme

Europris ASA initiates share buy-back programme

Fredrikstad, 3 November 2020: The board of directors (the "board") of Europris

ASA ("Europris") has resolved to initiate a share buy-back programme. Pursuant

to the authorisation granted by the annual general meeting in Europris on 29

April 2020, the board has resolved that the company may carry out acquisitions

of up to 5,000,000 own shares. These shares may either be used as payment of

eventual acquisitions or be deleted in connection with a reduction of the

registered share capital.

The buy-back programme will be in force until the maximum number of shares as

set out above has been acquired, unless the board resolves to terminate the

programme at an earlier time. For additional information regarding the scope of

the authorisation granted to the board by the annual general meeting, please

refer to the minutes available at https://investor.europris.no.

For further information, please contact:

Espen Eldal, CEO

Telephone: +47 48 29 24 24

Trine Engløkken, Investor Relations

Telephone: +47 94 05 09 37

E-mail: ir@europris.no (ir@europris.no%3cmailto:ir@europris.no)

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.