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Share buy-back program

COMPANY ANNOUNCEMENT NO 55/2025 - November 10, 2025

On August 26, 2025, Royal Unibrew initiated a share buy-back program, cf. company announcement no. 44/2025.

The program is carried out under Art. 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of April 16, 2014, on market abuse, as amended (the Market Abuse Regulation - MAR) and the Commission Delegated Regulation (EU) No 2016/1052 of March 8, 2016.

The share buy-back program is expected to be realized in the period from August 27, 2025, to December 19, 2025. The total transaction value of the share buy-backs in the period will not exceed DKK 300m.

The following transactions on Nasdaq Copenhagen A/S have been made under the program:

	Number of Shares	Average purchase price DKK	Transaction value, DKK
Accumulated, last announcement	424,500	486.98	206,725,125
November 3, 2025	6,000	494.80	2,968,800
November 4, 2025	6,000	492.90	2,957,400
November 5, 2025	6,000	496.90	2,981,400
November 6, 2025	5,000	490.06	2,450,300
November 7, 2025	6,000	491.06	2,946,360
Total accumulated under the program	453,500	487.39	221,029,385

With the transactions stated above Royal Unibrew owns a total of 1,056,542 shares, corresponding to 2.1% of the share capital. The total amount of shares in the company is 50,200,000, including treasury shares.

For further information please contact:
Flemming Ole Nielsen (Head of Investor Relations)
E-mail: Flemming.Nielsen@royalunibrew.com
Telephone: +45 25 41 68 04

Encl.