STOCKHOLM, Aug. 22, 2022 /PRNewswire/ — Throughout the interval August 15 – August 19, 2022 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in whole 345,000 personal collection B shares (ISIN: SE0016589188) as a part of the buyback program initiated by the Board of Administrators to be able to optimize the corporate’s capital construction.

The share buybacks type a part of the buyback program of a most of 8,000,000 collection B shares for a complete most quantity of SEK 1,250 million, which AB Electrolux introduced on April 29, 2022. The buyback program, which runs between Could 2, 2022 – October 21, 2022, is being carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 (“MAR”) and the Fee Delegated Regulation 2016/1052 (the “Secure Harbour Regulation”). The target of the share buybacks is to optimize the corporate’s capital construction and the intention is to scale back Electrolux share capital by way of subsequent share cancellations.

Sequence B shares in AB Electrolux have been repurchased (in SEK) as follows:

All acquisitions have been carried out on Nasdaq Stockholm by Citigroup World Markets Europe AG on behalf of AB Electrolux. Following the above acquisitions, AB Electrolux holding of personal shares as of August 19, 2022 quantities to 10,983,825 collection B shares. The entire variety of shares in AB Electrolux quantities to 283,077,393.

A full breakdown of the transactions pursuant to article 5.three of MAR and article 2.three of the Secure Harbour Regulation is hooked up to this announcement.

For additional data, please contact:

Sophie Arnius, Investor Relations, +46 70 590 80 72

Electrolux Press Hotline, +46 8 657 65 07

This data was delivered to you by Cision http://information.cision.com

https://information.cision.com/electrolux/r/buybacks-of-series-b-shares-in-ab-electrolux-during-week-33–2022,c3617680

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SOURCE Electrolux