Buy-backs of shares of series B in Saab during week 43-44 2020

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During the period 23 October – 29 October 2020, Saab AB (publ) (LEI code 549300ZHO4JCQQI13M69) has repurchased in total 630.000 own shares of series B (ISIN: SE0000112385) as part of the share buy-back programme initiated by the Board of Directors in order to secure delivery of shares to participants in Saab’s long-term Share Matching Plan, Performance Share Plan and Special Projects Incentive.

The share buy-back programme, which Saab announced on 16 September 2020, 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 repurchased shares are intended to be transferred to the participants in Saab’s long-term Share Matching Plan, Performance Share Plan and Special Projects Incentive at the time that the participants have the right to acquire shares.

Shares of series B in Saab have been repurchased as follows as part of this share buy-back programme.

Date Aggregated daily volume (number of shares) Weighted average share price per day (SEK) Total daily transaction value (SEK)
2020/10/23 90.000 217,8232 19.604.088
2020/10/26 140.000 215,2505 30.135.070
2020/10/27 140.000  210,6958  29.497.412
2020/10/28 160.000  207,0307  33.124.912
2020/10/29 100.000  205,8730  20.587.300

All acquisitions have been carried out on Nasdaq Stockholm by Danske Bank on behalf of Saab. Following the above acquisitions, Saab’s holding of own shares amounts to 3.497.412 shares of series B as of 29 October 2020. The total number of shares in Saab is 135,845,847.

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.

For further information, please contact:

Stefan Lind, +46 734 187091

Saab Press Centre,

+46 (0)734 180 018

presscentre@saabgroup.com

www.saabgroup.com

www.saabgroup.com/YouTube

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Saab serves the global market with world-leading products, services and solutions within military defence and civil security. Saab has operations and employees on all continents around the world. Through innovative, collaborative and pragmatic thinking, Saab develops, adopts and improves new technology to meet customers’ changing needs.