Addiko Bank AG (WBAG:ADKO) announces a share repurchase program. Under the program, the company will repurchase 350,000 shares, representing 1.3% of issued share capital, for €3.21 million. The consideration per share may not exceed or fall below the arithmetic average of the official closing prices published by the Vienna Stock Exchange of the Shares of company listed on the Vienna Stock Exchange on the 20 trading days preceding the acquisition by more than 20%.The purpose of the repurchase is to offer the Shares to employees, executives and members of the management board of company or a company affiliated with the company under the variable remuneration plan.

The program will expire on March 29, 2024.