The Board of Directors of Bufab AB (publ) (“Bufab”) has resolved, pursuant to the authorisation granted by the annual general meeting held on April 23, 2026, to repurchase the company’s own shares on Nasdaq Stockholm. The purpose of the repurchase is to hedge Bufab’s future delivery of shares to the participants of Bufab’s long-term performance based share savings program which was resolved by the 2026 annual general meeting and to hedge certain payments related to the program in terms of cash flow, mainly social security contributions.

The repurchase may commence on May 25, 2026 and will be administered by Svenska Handelsbanken AB, which will make trading decisions independently of Bufab with regard to the time and price at which the repurchase takes place.

Purchases may comprise a maximum of 580,000 shares and may take place on one or several occasions, however, at the latest on June 12, 2026. Repurchase shall be made on Nasdaq Stockholm in accordance with the Nordic Main Market Rulebook for Issuers of Shares and in compliance with the volume and pricing restrictions in the Rulebook, and may not be made at a lower price than the lowest price at which an independent purchase may be made. Payment for the shares will be made in cash. Reporting will take place through the stock exchange in accordance with applicable rules.

The total number of shares in Bufab is 190,552,665 and at the time of this press release the company holds 880,000 own shares. In the event of a fully executed share repurchase, the company will hold 1,460,000 own shares representing approximately 0.77 per cent of the total number of shares in the company.