Board resolution regarding the repurchase of shares

The Annual General Meeting of Wallenstam AB (publ) on April 25, 2024, resolved to authorize the board to take decisions concerning the acquisition of the company’s own shares up until the next AGM. Today, the Board resolved to use this authorization on the basis of the conditions stipulated by the AGM.

Purchase can be made on Nasdaq Stockholm or another regulated market of as many of its own B shares, such that the company’s holding at any one time does not exceed 10 percent of all shares in the company. Such acquisitions shall take place at the best available price for the company. The restrictions on the highest and lowest price arising under applicable stock exchange rules must be observed.

The purpose of the authorization to acquire the company’s own shares is to provide the Board with the freedom of action to adjust the company’s capital structure and create value for the company’s shareholders.

As of today's date, Wallenstam owns 3,000,000 of its own B shares, acquired at an average price of SEK 43.28 per share including brokerage.