Pepco Group announces that it has now concluded the fourth tranche of its share buyback programme. The Group deployed €52.9 million during the fourth tranche, purchasing a total of 7,883,913 ordinary shares at an average price of PLN 28.55 during the period between 12 March to 15 May 2026.

All purchased shares are held in treasury. There were a total of 577,451,935 Pepco Group shares in issue as at the 15 May 2026, which includes 546,034,737 shares outstanding and 31,417,198 shares held in treasury.

The Board originally authorised a share buyback capability of up to €200 million to be available for use during FY25-FY27 at its Capital Markets Day in March 2025. The conclusion of this tranche marks the early completion of that full €200 million allocation.

We will provide an update to our capital returns framework at our H1 FY26 interim results on 21 May 2026.

As a reminder, a conference call for analysts and investors will be held at 8.30am BST / 9.30am CEST on the same day. A live audio webcast of the call will also be available via the following link: https://brrmedia.news/PCO_HY_26