Castellum AB (publ) (OM:CAST) commences share repurchases on June 11, 2024, under the program mandated by shareholders in the Annual General Meeting held on May 7, 2024. As per the mandate, the company will repurchase up to 172,000 shares. The purpose of the program is to repurchase shares to secure the delivery of Performance Shares to the participants under the Performance Share Program 2024/2027 and hedge the company?s exposure towards social security contributions that may arise as a consequence of Performance Share Program 2024/2027.

132,270 repurchased shares may be transferred to participants in the Performance Share Program 2024 /2027 and 39,730 repurchased shares may be transferred to a third party for the purpose of bringing in capital to cover the exposure towards social security contributions that may arise based on the allotment of Performance Shares. The program will be valid till the next Annual General Meeting.