Bouvet ASA has engaged a third party to conduct repurchases of its own shares as part of the company’s employee share program.

The buyback plan allows for the purchase of up to 1,000,000 shares with a total value of up to NOK 70 million. As of today, the company holds 437,585 treasury shares.

The repurchase program is time-limited and will run in defined periods between March 3, 2026 and October 1, 2026.

Share buybacks until the Annual General Meeting (AGM) scheduled for May 13, 2026 are based on the authorization granted at the AGM held on May 7, 2025 and registered with the Norwegian Register of Business Enterprises. Any repurchases following the 2026 AGM will depend on the approval of a new authorization. If no new authorization is granted, the existing mandate will remain valid until June 30, 2026.

The shares will be acquired on Oslo Børs.

The repurchase program will be executed in compliance with applicable safe harbour regulations, including the Norwegian Securities Trading Act, Commission Delegated Regulation (EU) 2016/1052, and Oslo Børs’ guidelines for share repurchase programs and price stabilization issued in February 2021.