Evolution acquires 447,327 treasury shares between 5 and 9 October 2026

Evolution AB (publ) acquired a total of 447.327 treasury shares during the period 5 October 2026 to 9 October 2026 as part of its buyback programme announced on 18 May 2026. The purchases were executed on Nasdaq Stockholm on behalf of Evolution and were carried out by Citibank, which made timing decisions independently.

Evolution share buyback: daily breakdown and value

Evolution provided a day-by-day breakdown of purchases including aggregate volume, volume-weighted average price and daily value in Swedish kronor (SEK):

• 2026-10-05: 84,090 shares at a volume-weighted average price of 808.5523 SEK; daily value 67,991,162.91 SEK.

• 2026-10-06: 83,237 shares at 819.2122 SEK; daily value 68,188,765.89 SEK.

• 2026-10-07: 85,000 shares at 813.2495 SEK; daily value 69,126,207.50 SEK.

• 2026-10-08: 100,000 shares at 809.1500 SEK; daily value 80,915,000.00 SEK.

• 2026-10-09: 95,000 shares at 813.4454 SEK; daily value 77,277,313.00 SEK.

The document notes that all purchases were executed on Nasdaq Stockholm and that Citibank acted on behalf of Evolution with independence in the execution of the trades.

Resulting position and programme limits

After these purchases, Evolution's holding of treasury shares amounted to 1,404,419 shares as of 9 October 2026. The total number of shares outstanding in Evolution is 183,058,121. From the start of the programme on 19 May 2026 through 9 October 2026 a total of 17,572,911 shares have been acquired.

Evolution notes that the maximum number of shares it may hold at any time cannot exceed 10% of the total shares outstanding, which sets an upper limit of 18,305,812 shares for cumulative acquisitions.

Cancellations and accounting effects after the buyback

Of the shares acquired between 19 May 2026 and 21 September 2026, a total of 16,168,492 shares were cancelled in September 2026. After that cancellation and the new purchases reported up to 9 October 2026, the holding of treasury shares stood at 1,404,419.

The board designed the buyback programme to optimise Evolution's capital structure by reducing share capital and, according to the company, creating shareholder value. The programme is implemented in accordance with Regulation (EU) No 596/2014 on market abuse (MAR) and Delegated Regulation (EU) 2016/1052 (the Safe Harbour Regulation).

Execution and regulatory disclosure

Evolution clarifies that Citibank executed the orders on Nasdaq Stockholm on behalf of the company and that the bank decided on the timing of the purchases independently of Evolution. The information regarding these acquisitions was submitted for publication, under the responsibility of the contact listed, on 12 October 2026 at 08:45 CEST.

For investor enquiries the company provided the contact Joakim Andersson, Chief Financial Officer, and the email address [email protected].

Corporate profile and licences relevant for investors

Evolution AB (publ) develops, produces, markets and licenses integrated B2B solutions for online casinos. Since its founding in 2006 the company has 870 operators as clients and employs around 22,900 people across studios in Europe, Asia, North America and South America. The parent company is headquartered in Sweden and is listed on Nasdaq Stockholm under the ticker EVO.

The company is authorised by the Malta Gaming Authority under licence MGA/B2B/187/2010 and also operates in jurisdictions such as the United Kingdom, Belgium, Canada, Romania and South Africa. Information on regulation is available in [regulation](/regulation) and on the company's B2B business in [b2b](/b2b).

The announcement contains no management statements beyond the transactional facts and does not foresee specific new purchases; it is limited to reporting accumulated volume, the prior cancellation of shares and the position as of 9 October 2026.

By Emilio Navarro, Sector technology correspondent.