NAXS

Transaction in Own Shares • Jan 12, 2026

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Stockholm 5 January 2026

PRESS RELEASE

Share repurchases in NAXS AB (publ)

NAXS AB (publ) ("NAXS") has, during the period 29 December 2025– 2 January 2026, repurchased a total of 4,723 own shares under the share repurchase program implemented by the Board of Directors in order to provide maximum flexibility in the Company's capital management, enable the return of capital to shareholders, adjust the Company's capital structure, use own shares as consideration in potential acquisitions, and counteract any discount to net asset value in the Company's share by reducing the capital and thereby creating additional value for shareholders.

The repurchase program, which NAXS announced on 24 November 2025, is being carried out in accordance with the EU Market Abuse Regulation (EU) No. 596/2014 ("MAR") and the Commission Delegated Regulation (EU) No. 2016/1052 (the "Safe Harbour Regulation").

During the period 29 December 2025 – 2 January 2026, shares in NAXS were repurchased as follows:

	Aggregated daily	Weighted	Transaction
	volume	average price	value per day
Date	(number of shares)	per day (SEK)	(SEK)
2025-12-29	1 900	37,4069	71 073
2025-12-30	1 423	37,7618	53 735
2026-01-02	1 400	38,5546	53 977

All acquisitions were executed on Nasdaq Stockholm on behalf of NAXS by Pareto Securities AB, which makes its trading decisions regarding the timing of the share repurchases independently of NAXS. The complete transaction list is available on the Company's website. Following the above acquisitions, NAXS' holding of own shares amounted to 48,668 shares as of 2 January 2026. The total number of shares and votes in NAXS amounts to 11,077,585.

From 26 November 2025 through 2 January 2026, a total of 48,668 shares has been repurchased under the program. In total, up to 553,879 shares may be repurchased.

Contact

Gösta Lundgren, CFO Tel: +46 70 710 4788

Email: gosta.lundgren@naxs.se

The information was submitted for publication, through the agency of the contact person set out above, at 8.00 CET on 5 January 2026.

This press release and further information are available at www.naxs.se

NAXS AB (publ) Reg.no. 556712-2972 Nybrogatan 6 114 34 Stockholm

Phone: 0766 40 00 40 E-mail: info@naxs.se

NAXS is listed on NASDAQ Stockholm. NAXS invests mainly in private equity funds with a Nordic focus but can also make direct investments in private equity and other alternative assets together with funds. NAXS can, to a limited extent, also make other types of investments.