EQS-Ad-hoc: Kontron AG / Key word(s): Share buyback ADHOC Kontron AG / Kontron AG decides on share buyback program for EUR 10 million June 14, 2024 / 11:34 CET/CEST Publication of insider information in accordance with Article 17 of the Regulation (EU) No. 596/2014, transmitted by EQS News – a service of EQS Group AG. The issuer/publisher is responsible for the content of the message. ════════════════════════════════════════ ══════════ ════════════════════════ June 14, 2024 | Austria The Board of Kontron AG ((1) www.kontron.com, ISIN AT0000A0E9W5, WKN A0X9EJ, KTN) decided on June 14, 2024, based on the authorization resolution of the extraordinary general meeting of November 8, 2023, which was published on November 9, 2023 via an electronic information dissemination system, in accordance with Section 65 Paragraph 1 Z 8 AktG to carry out a further buyback program for treasury shares (“Share Buyback Program I 2024”). The Board of Directors’ decision for the share buyback program I 2024 was made against the background of the current valuation of the company’s shares, which, from the Board of Directors’ perspective, represents a very attractive level. The liquidity situation is excellent, meaning that both organic growth and the new share buyback program can be financed. Share acquisitions as part of the share buyback program I 2024 are carried out for Kontron AG, which will commission a credit institution to carry out the share buyback program I 2024, which will make its decision on the acquisition date independently and uninfluenced by Kontron AG, taking into account the trading conditions in accordance with Article 3 Delegated Regulation (EU ) 2016/1052 of the Commission of March 8, 2016. The intended volume is up to 434,000 shares; the buyback under the share buyback program I 2024 is expected to start on Monday, July 1st, 2024 and run until Tuesday, December 31st, 2024 (inclusive) at the latest. Buybacks will take place under the safe harbor rule (Article 5 of the Market Abuse Regulation). The maximum price is EUR 23.00. In addition, the purchase price may not be more than 10% below or above the average stock market price of the last five trading days before the shares were acquired in XETRA trading. The targeted maximum total amount that Kontron AG will spend on the share buyback program I 2024 is EUR 10 million. The details of the transactions carried out as part of the share buyback program I 2024 as well as any changes to the share buyback program I 2024 will be published on the Kontron AG website: https://kontron.com/de/investors/buyback-program-I-2024
This publication is not a public offer to acquire Kontron AG shares and does not constitute an obligation for Kontron AG or one of its subsidiaries to accept offers to repurchase Kontron AG shares. End of inside information ══════════════════════════════════════ ═════════ ═══════════════════════════ 06/14/2024 CET/CEST Announcement transmitted by EQS Group AG.
www.eqs.com
════════════════════════════════════════ ══════════ ════════════════════════ Language: German Company: Kontron AG Industriezeile 35 4020 Linz Austria Telephone: +43 (732) 7664 – 0 Email: ir@kontron.com
Internet: https://www.kontron.com
ISIN: AT0000A0E9W5 WKN: A0X9EJ Indices: SDAX Exchanges: Regulated Market in Frankfurt (Prime Standard); Open market in Berlin, Düsseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; BX, Vienna Stock Exchange (Vienna MTF) EQS News ID: 1925661 End of message EQS News Service 1925661 June 14, 2024 CET/CEST References Visible links 1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=7f44654e39e6a31806ca57c7f252da82&application_id=1925661&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news