ssur hf: Operations under the share buyback program

Announcement no. 22/2022

April 11, 2022

Operations related to the share buyback program

On February 14, 2022, Össur hf. launched a share buyback program (“Program”), see Company Announcement no. 05/2022.

The objective of the program is to reduce the Company’s share capital and adjust the capital structure by distributing capital to shareholders in accordance with the Company’s capital structure and capital allocation policy. The Program will end no later than December 23, 2022, but the Company has the right to discontinue the Program at any time. The Company may purchase up to 2,000,000 shares under the Program, corresponding to 0.47% of the current share capital. The aggregate consideration for shares purchased under the program shall not exceed $10 million.

The following transactions were made under the program during the period April 4, 2022April 8, 2022.

Transactions
Date Number of actions Avg. purchase price in DKK Transaction value in DKK
April 4, 2022 1,606 39.55 63,513
April 5, 2022 26,020 40.37 1,050,524
April 6, 2022 11,765 39.86 468,940
April 7, 2022 10,537 39.63 417 610
April 8, 2022 18,610 40.01 744 541
Total 68,538 40.05 2,745,128

Össur acquired 407,992 shares under the Program at an average price of DKK38.39. Following the above transactions, Össur holds 1,034,359 shares, corresponding to 0.24% of the total share capital of the Company.

The Nasdaq Copenhagen Program is conducted pursuant to Regulation No. 596/2014 of the European Parliament and of the Council on Market Abuse (“MAR”), and Commission Delegated Regulation 2016/1052.

More information

Edda Lára Lúðvígsdóttir, Director of Investor Relations, [email protected], +354 844 4759

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About Ossur

Össur (Nasdaq Copenhagen: OSSR) is a global leader in noninvasive orthopedics that helps people live lives without limits. A recognized “technology pioneer” with a rich 50-year history, Össur focuses on improving people’s mobility through the provision of innovative technologies in prosthetics and splints and supports. Significant investments in research and development have led to over 2,000 patents, award-winning designs, successful clinical results and consistently strong market positions. Össur is a signatory of the United Nations Global Compact, United Nations Women’s Empowerment Principles, contributes to the United Nations Sustainable Development Goals and became carbon neutral in 2021. Össur operates globally and employs approximately 4,000 employees. www.ossur.com

https://news.cision.com/ossur-hf-/r/ossur-hf–transactions-in-relation-to-share-buyback-program,c3544029

https://mb.cision.com/Main/18404/3544029/1562747.pdf

(c) Decision 2022. All rights reserved., sources Press Releases – English

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