Etteplan completes repurchase program of its own shares

ETTEPLAN OYJ, Stock Exchange Release, 20 December, 2023 at 11:00 a.m. (EET)

Etteplan completes repurchase program of its own shares

Etteplan Oyj's Board of Directors decided on May 11, 2023 to initiate a share repurchase program of its own shares in accordance with the authorization given to it at the Annual General Meeting on April 5, 2023. According to the authorization, the number of repurchased shares will not exceed 30, 000 shares and number of voting rights.

Etteplan Oyj has now completed the repurchase program of its own shares. The repurchases of the shares began on June 2, 2023 and ended on December 19, 2023. During that period, the company acquired a total of 30, 000 shares and number of voting rights at an average price of EUR 16.2075 in public trading on the Nasdaq Helsinki Ltd for the market price quoted at the time of the repurchase, as provided by the regulations on public trading of shares. The repurchased shares are used for carrying out Company's incentive plan for its key personnel, as consideration in potential acquisitions or in other structural arrangements. The repurchased shares may be retained by the Company, invalidated or transferred further. Etteplan currently holds a total of 100, 921 own shares.

Espoo, December 20, 2023
Etteplan Oyj
Board of Directors

For more information:
Juha Näkki, President and CEO, tel. +358 10 307 2077
Outi Torniainen, SVP, Marketing and Communications, tel. +358 10 307 3302

DISTRIBUTION:
Nasdaq Helsinki
Major media
www.etteplan.com