Schouw & Co. share buy-back programme, week 43 2025

The buy-back will be structured in accordance with Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (MAR) and the Commission’s delegated regulation (EU) 2016/1052 of 8 March 2016 (“Safe Harbour” rules). Trading dayNo. ofsharesAveragepriceAmount   Accumulated until 17 October 2025158,000597.8694,461,391  Monday, 20 October 20251,000621.02621,020  Tuesday, 21 October 20251,000...

The buy-back will be structured in accordance with Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (MAR) and the Commission’s delegated regulation (EU) 2016/1052 of 8 March 2016 (“Safe Harbour” rules).

Trading day	No. of shares	Average price	Amount
Accumulated until 17 October 2025	158,000	597.86	94,461,391
Monday, 20 October 2025	1,000	621.02	621,020
Tuesday, 21 October 2025	1,000	617.83	617,830
Wednesday, 22 October 2025	1,000	618.28	618,280
Thursday, 23 October 2025	1,000	624.86	624,860
Friday, 24 October 2025	1,000	628.09	628,090
In the period 20 October 2025 - 24 October 2025	5,000	622.02	3,110,080
Accumulated until 24 October 2025	163,000	598.60	97,571,471
Following the above transactions, Schouw & Co. holds a total of 2,204,993 treasury shares corresponding to 8.82% of the total share capital of 25,000,000 shares.

Aktieselskabet Schouw & Co.

Jørgen Dencker Wisborg, Chairman
Jens Bjerg Sørensen, President, telephone number +45 86 11 22 22

Attachments

• 2025-10-27 FBM25-49 SBB-w43 ENG
• SBB2025 Week 43