Erste Group Bank AG: End of share buyback - Publication in compliance with section 7 para 4 Publication Ordinance (VeröffentlichungsVO) 2018

[ Report ]

Vienna (pta011/29.11.2024/09:45) - Based on the authorisation granted by the 31st Annual General Meeting on 22 May 2024 pursuant to section 65 para 1 no. 8 of the Austrian Stock Corporation Act (AktG) and published on 22 May 2024, the Management Board of Erste Group Bank AG resolved on 4 June 2024 to buy own bearer shares (ordinary shares) in Erste Group Bank AG – subject to the consent of the Supervisory Board, which was given on 20 June 2024 – at market price both on regulated markets and multilateral trading facilities ("share buyback programme") during the period from 28 June 2024 to 30 May 2025. Overall, the share buyback programme provided for the buyback of up to 25,000,000 shares (but no more than an equivalent of EUR 500 million), which corresponds to about 5.9% of the share capital of Erste Group Bank AG, at a price of not below EUR 2 per share and not higher than 50% above the weighted average share price based on the trading volume at the Vienna Stock Exchange on the last 20 trading days prior to each purchase.

The Management Board of Erste Group Bank AG hereby informs that the share buyback programme was completed on 28 November 2024. Overall, 10,398,524 Erste Group Bank AG shares were purchased.

Result of the share buyback programme

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