TCM Group

Transaction in Own Shares • Feb 14, 2022

COMPANY ANNOUNCEMENT

No. 129/2022

Tvis, 14 February 2022

Final transactions in connection with share buy-back programme

As mentioned in announcement no. 77/2021, TCM Group A/S ("TCM Group" or "the Company") has initiated a share buyback programme which was set to run from 26 April 2021 until 11 March 2022. During this period, the Company will buy own shares for up to a maximum of DKK 100 million under the programme. With the below listed transactions, the share buyback programme is now fully exercised.

The share buyback has been set up and structured in accordance with the safe harbour rules in art. 5 of the Market Abuse Regulation and the European Commission Regulation 1052/2016 of 8 March 2016.

Date	No. of shares	Average price (DKK)	Total value (DKK)
Accumulated, last announcement	621,994		96,474,277
7 February 2022	4,870	139.89	681,264
8 February 2022	4,983	138.29	689,099
9 February 2022	5,000	139.78	698,900
10 February 2022	5,000	139.42	697,100
11 February 2022	5,145	139.00	715,155
Total	24,998		3,481,518
Accumulated under the programme	646,992		99,955,795

The following transactions have been executed during the period 7 February - 11 February 2022:

Following these transactions, TCM Group A/S holds 932,706 shares as treasury shares, corresponding to 9.3 percent of the Company's total share capital.

An overview showing the transaction data for the period 7 February - 11 February 2022 is enclosed.

For further information please contact:

Torben Paulin, CEO, TCM Group A/S, +45 21 21 04 64

About TCM Group

TCM Group is Scandinavia's third largest manufacturer of kitchens and furniture for bathrooms and storage. The products are designed and produced in Denmark and rooted in a proud tradition of good quality and good craftsmanship. TCM Group pursues a multi-brand strategy, under which the main brand is Svane Køkkenet and the other brands are Tvis Køkkener and Nettoline. Combined, the brands cater for the entire price spectrum, and are sold through c. 140 dealers in Denmark and the rest of the Scandinavia. TCM Group sells private label kitchens through DIY stores in Denmark and independent kitchen stores in Norway. TCM Group is supplier to the 45% owned e-commerce kitchen business Celebert, which operates under the brands kitchn.dk, billigskabe.dk, Celebert and Just Woods. See www.tcmgroup.dk for more information.