Grenergy launches a share buyback program for a maximum amount
of 40 million euros

• At today’s market closing price, January 7, 2025, this figure represents 4.13% of its total capital.
• Grenergy reaffirms its commitment to rewarding and generating value for its shareholders.

Grenergy has launched a new share buyback program worth up to 40 million euros, further demonstrating its commitment to rewarding and creating value for its shareholders. Through this program, Grenergy aims to reduce the company’s share capital by a redemption of its own shares, with the goal of enhancing shareholder returns by increasing earnings per share.

As a result of this operation, previously authorized by the General Shareholders’ Meeting, the company may acquire up to a maximum of 2,000,000 shares. This acquisition, together with the existing treasury shares, will not at any time exceed the legal limit, which currently stands at 10% of the share capital. At today’s market closing price, January 7, 2025, this figure would represent 4.13% of its total capital. The company launched a similar share buyback program in October 2023 with a final executed amount of 35 million euros. With this strategy, Grenergy continues to demonstrate its commitment to remunerating its shareholders and long-term value creation.