Sonova concludes 2021-22 share buyback and will start a new three-year buyback program of up to CHF 1.5 billion - Seite 2

The new program will be funded by free cash flow and additional debt, targeting a Net Debt/EBITDA ratio of 1.0-1.5x over time. The buyback, worth up to CHF 1.5 billion, is expected to start at the latest in April 2022 and will run over a period of up to 36 months. It will be conducted via a separate trading line on the SIX Swiss Exchange. The shares will be repurchased for the purpose of a capital reduction, subject to approval by future Annual General Shareholders' Meetings.

Details on the share buyback programs and the buyback notices are accessible on the following website: 

https://www.sonova.com/en/share-buyback-programs

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Disclaimer
This Media Release contains forward-looking statements, which offer no guarantee with regard to future performance. These statements are made on the basis of management's views and assumptions regarding future events and business performance at the time the statements are made. They are subject to risks and uncertainties including, but not confined to, future global economic conditions, exchange rates, legal provisions, market conditions, activities by competitors and other factors outside Sonova's control. Should one or more of these risks or un-certainties materialize or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. Each forward-looking statement speaks only as of the date of the particular statement, and Sonova undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law.