The Board of Directors of NAXS AB (publ) ("NAXS" or the "Company") has resolved to initiate a share buyback programme in accordance with the authorisation granted at the Annual General Meeting held on 17 March 2026.

The buybacks will commence on 20 March 2026 and will continue until no later than the Annual General Meeting in 2027. The purpose of the buybacks is to provide the Board with increased flexibility in the Company's capital management, to enable the return of capital to shareholders, to optimize the Company's capital structure, to use treasury shares as consideration in acquisitions, and to mitigate any discount to net asset value in the Company's share, thereby enhancing shareholder value.

Repurchases of own shares will be carried out on Nasdaq Stockholm in accordance with the rules set out in the Nordic Main Market Rulebook for Issuers of Shares (the "Rulebook"), the Market Abuse Regulation (EU) No 596/2014 ("MAR"), and the Commission Delegated Regulation (EU) No 2016/1052 (the "Safe Harbour Regulation"). Acquisitions of shares will be executed by an investment firm or credit institution which will make its trading decisions independently of NAXS as regards the timing of the acquisitions of NAXS shares.

Buy-backs may be made of a maximum of 999,562 shares, which means that the Company's holding of own shares cannot exceed ten (10) percent of the total number of shares in the Company.

Buy-backs may only be made in compliance with the volume restrictions for purchases of own shares set out in the Rulebook and, where applicable, in the Safe Harbour Regulation. Buy-backs shall only be made at a price per share within the prevailing price range on Nasdaq Stockholm at any given time, i.e., the interval between the highest buying price and the lowest selling price on Nasdaq Stockholm from time to time, and in addition the price restrictions in the Rulebook and, where applicable, in the Safe Harbour Regulation must be observed. Payment for the shares shall be made in cash.

At the time of this press release, the total number of shares and votes in the Company amount to 11,077,585. At the time of the resolution, the Company holds 108,196 treasury shares.

Contact

Amaury de Poret, CEO
+46 73 511 17 35

The information was submitted for publication, through the agency of the contact person set out above, at 19.30 CET on March 17, 2026.

This press release and further information are available at www.naxs.se

NAXS AB (publ)

Reg.no. 556712-2972

Nybrogatan 6

114 34 Stockholm

Phone: 0766 40 00 40

E-mail: [email protected]

Established in 2007, NAXS is an investment company listed on Nasdaq Stockholm focused on Nordic private equity. The Company aims to maximize value from its existing portfolio while selectively deploying capital to enhance shareholder returns. More information is available on www.naxs.se