Evolution

Transaction in Own Shares • Mar 17, 2025

Press release 2025-03-17

Acquisitions of own shares in Evolution AB (publ)

Evolution AB (publ) ("Evolution") has, during the period 10 March – 14 March, acquired a total of 557,731 own shares within the framework of the repurchase programme introduced by the board of directors to improve the capital structure of Evolution by reducing the capital, and thereby creating added shareholder value.

The repurchase programme, which Evolution announced on 10 February 2025, is being implemented in accordance with the EU Market Abuse Regulation No 596/2014 ("MAR") and Commission Delegated Regulation No 2016/1052 ("Safe Harbour Regulation").

During the period 10 March – 14 March, shares in Evolution have been acquired as set out below.

Date	Aggregated daily volume (number of shares)	Weighted average price per day (SEK)	Daily transaction value per day (SEK)
2025-03-10	53,963	805.7821	43,482,419.46
2025-03-11	188,000	788.2199	148,185,341.20
2025-03-12	54,222	792.2545	42,957,623.50
2025-03-13	123,000	795.7368	97,875,626.40
2025-03-14	138,546	795.8027	110,255,280.87

All acquisitions were carried out on Nasdaq Stockholm on behalf of Evolution by Citigroup Global Markets Europe AG which makes its trading decisions concerning the timing of the purchases of shares independently of Evolution. Following the above acquisitions, Evolution's holding of own shares amounted to 6,984,308 as of 14 March 2025. The total number of shares in Evolution is 211,833,204.

Since 11 February up to and including 14 March, a total of 1,713,347 shares have been acquired within the scope of the programme. A maximum of 15,912,359 shares in total may be acquired.

For further information, please contact:

Carl Linton, Head of IR, ir@evolution.com.

The information was submitted for publication, under the agency of the contact person set out above, on 17 March 2025, at 10:00am CET.

Evolution AB (publ) ("Evolution") develops, produces, markets and licenses fully-integrated B2B Online Casino solutions to gaming operators. Since its inception in 2006, Evolution has developed into a leading B2B provider with 800+ operators among its customers. The group currently employs about 21,000 people in studios across Europe, North and South America. The parent company is based in Sweden and listed on Nasdaq Stockholm with the ticker EVO.

Visit www.evolution.com for more information. Evolution is licensed and regulated by the Malta Gaming Authority under license MGA/B2B/187/2010. Evolution is also licensed and regulated in many other jurisdictions such as the United Kingdom, Belgium, Canada, Romania, South Africa, and others.