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Maha Energy

Transaction in Own Shares Apr 22, 2025

3170_iss_2025-04-22_bfe465d4-ca1b-4e22-b90a-4ef139ab9f4d.pdf

Transaction in Own Shares

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Share buy-backs in Maha Energy during the period 14-17 April 2025

During the period 14-17 April 2025, Maha Energy AB (publ) ("Maha Energy" or the "Company") has repurchased a total of 537,000 own shares as part of the share buy-back program that was announced on 12 August 2024.

The share buy-backs form part of the share buy-back program of a maximum of 17,844,475 own ordinary shares that the Board of Directors of Maha Energy resolved on 12 August 2024 based on the authorization granted by the annual general meeting on 29 May 2024.

Maha Energy shares have been repurchased during the period 14-17 April 2025 as follows:

Date Aggregated daily volume (number
of shares):
Weighted average share price per
day (SEK):
Total daily transaction
value (SEK):
2025-
04-14
240,000 3.9000 936,000
2025-
04-15
260,000 3.8150 991,900
2025-
04-17
37,000 4.1384 153,122

All share buy-backs have been carried out on Nasdaq Stockholm by Pareto Securities on behalf of Maha Energy. Following the acquisitions detailed above, the Company's total holdings of own shares as of 17 April 2025 amounts to 2,769,922 shares. The total number of shares in Maha Energy amounts to 178,444,753.

A full breakdown of the transactions is attached to this announcement.

For the complete repurchase authorization, resolved by the shareholders at the AGM 2024, and the press release regarding the board of director's resolution to initiate the share buy-back program, please refer to Maha Energy's website, www.maha-energy.com.

Contacts

Roberto Marchiori, CEO & CFO | Jakob Sintring, Head of IR Phone: +46 8 611 05 11, E-mail: [email protected]

About Maha

Maha Energy AB (publ) is a listed, international oil and gas company with focus on being an active financial investor in the energy and minerals industries. The Company's goal is to build a diversified and balanced portfolio of producing assets that feature meaningful growth and production upside. The shares are listed on Nasdaq Stockholm (MAHA-A). For more information, please visit Maha's corporate website www.maha-energy.com.

Attachments

20250422 Maha Buybacks Attachment ENG

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