ISS A/S Increases Share Buyback Program for Investor Benefits

Overview of ISS A/S Share Buyback Programme

Company Announcement

Transactions in connection with share buyback programme
ISS A/S, a prominent workplace experience and facility management company, recently launched an exciting new share buyback programme to enhance shareholder value. This programme aims to redistribute excess cash to its investors and demonstrates ISS's ongoing commitment to rewarding its shareholders while simultaneously meeting obligations coming from its share-based incentive plans.

Details of the Buyback Programme

The share buyback programme has been carefully structured in compliance with Regulation (EU) No 596/2014, also known as the Market Abuse Regulation, and the accompanying Safe Harbour Regulation. Through this initiative, ISS seeks to buy back shares worth a maximum of DKK 1.5 billion. The execution of this buyback started on February 22, 2024, and will conclude by February 19, 2025 at the latest.

The second tranche of the buyback programme, which has a budget of up to DKK 1.0 billion, kicked off on August 13, 2024. This represents an essential part of ISS's strategy to effectively manage its capital whilst benefiting its shareholders.

Transaction Highlights

As part of this buyback initiative, several transactions have already taken place, showcasing the company’s proactive approach. Here’s a summary of some key transactions:

Recent Share Transactions

The programme has accumulated substantial activity, leading to significant updates:

• Accumulated Shares (last announcement): 8,174,654 shares purchased at an average price of DKK 127.83, totaling transaction value of DKK 1,044,936,053.
• Recent transactions on January 13, 2025: 46,000 shares purchased at an average price of DKK 129.51, for a total value of DKK 5,957,460.
• On January 14, 2025: 90,000 shares bought at DKK 131.26, for a total transaction value of DKK 11,813,400.
• January 15, 2025: Acquisition of 49,786 shares at DKK 129.56, costing DKK 6,450,274.
• January 16, 2025: 100,000 shares for DKK 125.09, total of DKK 12,509,000.
• On January 17, 2025: 70,000 shares at DKK 126.08 for a total value of DKK 8,825,600.

By the end of the latest reporting period, a total of 8,530,440 shares have been acquired under this buyback programme. The average purchase price stands at DKK 127.84, culminating in a transaction total of DKK 1,090,491,787.

Impact on Share Capital

Following these transactions, ISS A/S now owns a total of 9,938,539 treasury shares, which represent 5.35% of the overall share capital. This proactive strategy not only enhances the liquidity of shares in the market but also showcases the company's robust position and intention to continue focusing on shareholder value.

About ISS A/S

ISS is recognized as a pioneering global provider of workplace and facility service solutions. Collaborating effectively with clients, ISS prioritizes enhancing engagement and well-being while minimizing environmental impact and maintaining property standards. With a dedicated workforce of over 320,000 'placemakers', ISS’s reach extends across various sectors, including offices, factories, airports, and hospitals worldwide. In 2023, the group reported an impressive revenue of DKK 78.7 billion, reinforcing its role as a leader in the industry.

For any investor inquiries, please reach out to Michael Vitfell-Rasmussen, Head of Group Investor Relations, at +45 53 53 87 25. For media inquiries, contact Charlotte Holm, Head of External Communication, at +45 41 76 19 89.

Frequently Asked Questions

What is the purpose of the share buyback programme initiated by ISS A/S?

The primary purpose is to return excess cash to shareholders, reduce capital, and address obligations from share-based incentive plans.

How much is ISS A/S planning to spend on the buyback programme?

ISS A/S is set to spend a maximum of DKK 1.5 billion in the share buyback programme.

When does the buyback programme start and end?

The buyback programme started on February 22, 2024, and will end no later than February 19, 2025.

What impact does the buyback have on ISS's share capital?

As a result of the buyback transactions, ISS A/S now holds treasury shares that account for 5.35% of its total share capital.

How can investors get more information about ISS A/S?

Investors can inquire by contacting Michael Vitfell-Rasmussen at the specified phone number for any questions or further details.

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