Regulatory press release

Exercise of authorization to acquire own shares in AAK AB (publ)

The Board of Directors of AAK AB (publ) has resolved to exercise the authorization to acquire own shares granted by the Annual General Meeting, held today, 8 May 2026. Acquisitions of shares will be carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 (“MAR”) and the European Commission’s Delegated Regulation (EU) No 2016/1052 (the “Safe Harbour Regulation”), and will be carried out by Skandinaviska Enskilda Banken (SEB), which makes its trading decisions independently of AAK with regard to the timing of share acquisitions in AAK.

Acquisitions of own shares will be carried out on Nasdaq Stockholm and may be carried out on one or more occasions and shall commence no earlier than 11 May 2026 and shall end no later than 15 March 2027. Acquisitions may be made of a maximum of 5,000,000 shares for a total maximum amount of SEK 1,000,000,000. The company's holding at any time may never exceed five (5) per cent of all shares in the company.

Acquisitions may only be made in accordance with the restrictions regarding volume for acquisitions of own shares stated in Nasdaq Stockholm’s rules for issuers and in the Safe Harbour Regulation. Acquisitions may be made at a price not exceeding the higher of (i) the price of the most recent independent transaction and (ii) the highest current independent bid on the trading venue where the share is traded, and otherwise on the terms established by Nasdaq Stockholm. Payment for the shares will be made in cash and reporting will be conducted through the stock exchange in accordance with applicable rules.

The purpose of the Board of Directors’ resolution to exercise the authorization is to adapt the company’s capital structure and thereby contribute to increased shareholder value. Acquired own shares may therewith be subject to resolutions regarding share reduction whereby a reduction of the share capital will occur without any repayment to the shareholders.

The total number of shares in AAK currently amounts to 260,659,002 shares, and AAK currently holds no own shares.

About AAK
Everything AAK does is about Making Better Happen™. We specialize in plant-based oils that are the value-adding ingredients in the products people love to consume. We make these products better tasting, healthier, and more sustainable. At the heart of AAK’s offering is Customer Co-Development, combining our desire to understand what better means for each customer with the unique flexibility of our production assets and deep knowledge across products and industries. 4,000 employees support our close collaboration with customers through 25 regional sales offices, 16 dedicated Customer Innovation Centers and support of 19 production facilities. Listed on Nasdaq Stockholm and with our headquarters in Malmö, Sweden, AAK has been Making Better Happen for more than 150 years.