The approved buyback of a maximum of 30,000 own shares will last for a period of 12 months from the date of publication of the decision.

Span has announced to its shareholders that the Management Board of the Company adopted on 14 January the share buyback program of that Company, which will commence as of 17 January 2022.

The approved buyback of a maximum of 30,000 own shares will last for a period of 12 months from the date of publication of the decision. The price at which the shares can be purchased cannot be 5% higher than the average market price of the share achieved on the regulated market during the previous trading day.

The own shares acquired under the Program will be offered to employees of the company and its affiliated companies for the purpose of remuneration.

We are please to announce that Span has engaged InterCapital Securities for the purpose of executing the mentioned program.

As of the announcement date, Span holds 30,900 ordinary shares in treasury, which represents 1.6% of the share capital.