Buy-back of shares in Arise during week 20, 2024

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During the period between 13 May and 17 May 2024 Arise AB (publ) (LEI code 549300FOT7EE85QYB655) (“Arise”) repurchased, in total, 65,902 own shares (ISIN code SE0002095604) under the share repurchase program initiated by the Board of Directors to deliver shareholder value and to optimize the capital structure of the company.

The share buy-backs form a part of the share repurchase program of a maximum amount of SEK 50 million, which Arise announced on 7 May 2024. The share repurchase program, which runs from 8 May 2024 until the date of Arise's Annual General Meeting in 2025, is being carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 (“MAR”) and the Commission Delegated Regulation (EU) No 2016/1052 (the “Safe Harbour Regulation”). The purpose of the repurchase of the ordinary shares is to adapt the Company's capital structure to its capital requirements over time, and thereby contribute to increased shareholder value. The intention is currently that the ordinary shares that have been repurchased will then be cancelled by resolutions at future General Meetings.

Arise shares have been repurchased (in SEK) as follows:

Date Aggregated daily volume (number of shares) Weighted average share price per day (SEK) Total daily transaction value (SEK)
13/05/2024 10,780 44.1096 475,501.49
14/05/2024 12,054 44.7174 539,023.54
15/05/2024 12,991 46.1619 599,689.24
16/05/2024 14,584 46.6230 679,949.83
17/05/2024 15,493 47.1359 730,276.50

All acquisitions have been carried out on Nasdaq Stockholm by Kepler Cheuvreux on behalf of Arise. Following the above acquisitions, Arise’s holding of own shares as of 17 May 2024 amounts to 2,165,124 shares. The total number of shares in Arise amounts to 44,494,235.

A full breakdown of the transactions pursuant to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this announcement.

Halmstad, 20 May 2024

ARISE AB (publ)

For further information, please contact:

Per-Erik Eriksson, CEO Arise AB, +46 702 409 902

This information was submitted for publication, through the agency of the contact person set out above, at 18:00 CEST on 20 May 2024.

About Arise

Arise is  a leading independent company that realises new green energy. The company develops, builds, sells and manages renewable electricity production. The company is listed on Nasdaq Stockholm.

Arise AB (publ), P.O. Box 808, SE-301 18 Halmstad, Sweden, telephone 46 (0)10 450 71 00, corporate id .no. 556274-6726. E-mail info@arise.se, www.arise.se