Repurchase of Outokumpu’s own shares

Outokumpu Oyj
Stock exchange release

February 26, 2024, at 9.30 am EET

Repurchase of Outokumpu’s own shares

On February 23, 2024, Outokumpu has completed repurchases its own shares as follows (ISIN FI0009002422):

Trading venue Number of shares Weighted average price / share, EUR* Total cost, EUR*
CEUX 110,042 4.0851 449,533.34
XHEL 154,250 4.0858 630,233.52
AQEU 2,662 4.0846 10,873.10
TQEX 153 4.074 623.32
Total: 267,107 4.09 1,091,263.28

* Rounded to two decimals

Outokumpu announced a share buyback program of a maximum of 11 million shares on November 29, 2023. The Board of Directors approved a share buyback program of up to EUR 50 million under the authorization of the Annual General Meeting. The program will end no later than on March 21, 2024.

After the disclosed transactions, Outokumpu holds 32,243,502 treasury shares.

Details of transactions are included as an appendix to this announcement.

For more information:

Investors: Linda Häkkilä, Head of Investor Relations, tel. +358 400 719 669

Media: Päivi Allenius, SVP – Communications and Brand, tel. +358 40 753 7374

Media desk, tel. +358 40 351 9840, e-mail media(at)outokumpu.com