Elopak ASA: Launch of share buy-back programme

Elopak ASA (the "Company") has resolved to launch a buy-back programme for the repurchase of up to 600,000 shares for a maximum aggregate amount of NOK 39,000,000. The buy-back will be conducted during the period from February 27, 2026, to and including March 31, 2026.

The buy-back will be conducted in accordance with the authorization given by the Company's ordinary general meeting on May 14, 2025.

The shares acquired under the share buy-back programme will be used to meet the Company's obligations towards employees who participate in the Company's long-term incentive plan.

Shares will be purchased on the Oslo Stock Exchange based on prevailing market prices, to be conducted in accordance with applicable safe harbor conditions.

The share buy-back program will be managed by DNB Carnegie, which will make its trading decisions regarding the timing of the share repurchases independently of, and without influence by, the Company.

For further information, please contact: Christian Gjerde, Head of Treasury and Investor Relations E-mail: christian.gjerde@elopak.com Tel: +47 980 60 909

This information is subject to disclosure under the Norwegian Securities Trading Act, §5-12. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-02-27 08:00 CET.

About Elopak Elopak is a leading global supplier of carton packaging and filling equipment. The company's iconic Pure-Pak® cartons are made using renewable, recyclable and sustainably sourced materials, providing a natural and convenient alternative to plastic bottles that fits within a low carbon circular economy.

Founded in Norway in 1957, Elopak was listed on the Oslo Stock Exchange in 2021. Today it employs 3,000 people and sells 16 billion cartons annually across more than 70 countries.

Elopak is a UN Global Compact participant member. We have set Science Based Targets to reduce emissions in line with the 1.5-degree trajectory and aim to be Net-Zero by 2050. In 2023, we achieved a gold rating by EcoVadis and were rated top 2% sustainable companies in the world.

For more information, go to www.elopak.com or follow us @Elopak on LinkedIn.