SinterCast

Press Release
For Immediate Distribution

[Stockholm, 25 November 2024] – Following the authorisation granted by the shareholders at the Annual General Meeting (AGM) on 21 May 2024, the Board of Directors of SinterCast AB has decided to activate a new share buyback programme. The Board has allocated an initial amount of up to SEK 5 million for the new programme. The purpose of the share buyback programme is to optimise the company’s capital structure and thereby to create value for the shareholders. Repurchases shall be made in advance of the SinterCast AGM 2025, to be held on 20 May 2025, in accordance with the following conditions:

• Share repurchases shall take place on Nasdaq Stockholm in accordance with the rules concerning the purchase of own shares set out in Nasdaq Stockholm rules for issuers.
• Repurchases of shares on Nasdaq Stockholm shall take place at a price per share within the quoted price range registered at any given time, by which is meant the interval between the highest purchase price and the lowest selling price.
• The authorisation gives the company the opportunity to repurchase and hold a maximum of ten (10) percent of the outstanding shares in the company.
• Payment for the shares shall be made in cash.
• Repurchases may take place with a total maximum amount of SEK five (5) million.
• Completed acquisitions of treasury shares will be announced and notified in accordance with applicable laws and regulations and Nasdaq Stockholm rules for issuers.

At the time of this press release, SinterCast does not hold any of its own shares. The authorisation resolved by the Annual General Meeting on 21 May 2024 can be found in full on the SinterCast website:
https://www.sintercast.com/investor/financial-reports/press-releases/

For more information:

Dr Steve Dawson
President & CEO
SinterCast AB
Mobile: +44 771 002 6342
E-mail: steve.dawson@sintercast.com

SinterCast® is the world’s leading supplier of process control technology for the reliable high volume production of Compacted Graphite Iron (CGI). Stronger, stiffer and more durable than conventional iron, CGI enables the development of smaller, lighter and more fuel efficient engines in passenger vehicle, commercial vehicle and industrial power applications. The use of SinterCast-CGI currently contributes to the reduction of approximately ten million tonnes of CO2 per year. With 57 installations in 12 countries, SinterCast provides sustainable solutions for manufacturing and transportation to the global foundry and automotive industries. SinterCast is a publicly traded company, quoted on the Small Cap segment of the Nasdaq Stockholm stock exchange (SINT). For more information: www.sintercast.com

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SinterCast AB (publ)
Kungsgatan 2, SE-641 30 Katrineholm, Sweden  Tel: +46 150 794 40
info@sintercast.com  www.sintercast.com  Company Registration Number: 556233-6494  VAT Number: SE556233649401