TKH commences € 25 million share buyback program

TKH Group N.V. (“TKH”) today announces the start of the execution of the share buyback program amounting to a total of € 25 million, as communicated on September 29, 2023. TKH’s recent closing of the TKH France divestment and strong financial foundation, allow TKH to return additional capital to its shareholders. On September 5, 2023, TKH completed its previous € 25 million share buyback program.

The intention is to execute the program within a period of four months, within the conditions set by the General Meeting of Shareholders, with a maximum purchasing volume of 20% of the daily trading volume. TKH has engaged an intermediary to repurchase the TKH shares in the open market, during open and closed periods, independent of TKH.

TKH will report on the progress of the share buyback program on a weekly basis.

Haaksbergen, October 13, 2023

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