Evolution

Evolution AB (publ) ("Evolution") has, during the period 15 May - 16 May, acquired a total of 135,000 own shares within the framework of the repurchase programme introduced by the board of directors to improve the capital structure of Evolution by reducing the capital, and thereby creating added shareholder value.

The repurchase programme, which Evolution announced on 14 May 2025, is being implemented in accordance with the EU Market Abuse Regulation No 596/2014 ("MAR") and the Commission Delegated Regulation No 2016/1052 ("Safe Harbour Regulation").

During the period 15 May - 16 May, shares in Evolution have been acquired as set out below.

All acquisitions were carried out on Nasdaq Stockholm on behalf of Evolution by Citibank which makes its trading decisions concerning the timing of the purchases of shares independently of Evolution. Following the above acquisitions, Evolution's holding of own shares amounted to 135,000 as of 16 May 2025. The total number of shares in Evolution is 204,462,162.

Since 15 May 2025 up to and including 16 May 2025, a total of 135,000 shares have been acquired within the scope of the programme. A maximum of 20,446,216 shares in total may be acquired.

For further information, please contact:
Joakim Andersson, CFO, ir@evolution.com.

The information was submitted for publication, under the agency of the contact person set out above, on 19 May 2025, at 10:00 CEST.