===
EQS Post-admission Duties announcement: Beiersdorf Aktiengesellschaft / Announcement pursuant to Art. 5 para. 1 lit. a)
of Regulation (EU) No. 596/2014 and Art. 2 para. 1 of the Delegated Regulation (EU) No. 2016/1052 (Share buyback
program 2024)
Beiersdorf Aktiengesellschaft: Release of a capital market information
2024-04-23 / 19:35 CET/CEST
Dissemination of a Post-admission Duties announcement transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Beiersdorf Aktiengesellschaft
Announcement pursuant to Art. 5 para. 1 lit. a) of Regulation (EU) No. 596/2014
and Art. 2 para. 1 of the Delegated Regulation (EU) No. 2016/1052
Share buyback program 2024

The share buyback program announced by Beiersdorf Aktiengesellschaft in the ad hoc announcement dated 5 February 2024
will be carried out from 24 April 2024. Shares of Beiersdorf Aktiengesellschaft (ISIN: DE0005200000) are to be acquired
for a total purchase price of up to EUR 500 million (excluding incidental acquisition costs) in the period up to 2
December 2024 at the latest. Based on the closing price of EUR 135.80 in Xetra trading on the Frankfurt Stock Exchange
on 19 April 2024, this would correspond to up to 3,681,885 shares and around 1.48% of the share capital. The buyback is
to be carried out via the stock exchange in electronic trading on the Frankfurt Stock Exchange (Xetra) and/or via
selected multilateral trading facilities (MTF).
The share buyback program serves the sole purpose of cancelling shares with a corresponding reduction in the share
capital, fulfilling obligations arising from debt instruments that can be converted into equity capital (in particular
convertible bonds and bonds with warrants) and fulfilling obligations arising from any employee share program or any
other forms of share allocation to employees, members of the company's Executive Board and members of executive bodies
of companies affiliated with the company.
The share buyback program will be implemented on the basis of the authorization granted by the Annual General Meeting
of Beiersdorf Aktiengesellschaft on 29 April 2020. Accordingly, Beiersdorf Aktiengesellschaft is authorized to acquire
treasury shares up to a total of 10% of the share capital until 28 April 2025. The maximum number of shares that the
company may acquire under the existing authorization is therefore 24,900,000 shares. If Beiersdorf Aktiengesellschaft
shares are acquired via the stock exchange, the purchase price paid (excluding incidental acquisition costs) per share
may not be more than 10% higher or more than 20% lower than the average price of Beiersdorf shares in the closing
auction of the Xetra trading system (or a comparable successor system) on the Frankfurt Stock Exchange on the five
trading days preceding the acquisition.
The share buy-backs are carried out by a credit institution commissioned by the company, which makes its decisions on
the timing of the acquisition of the shares independently of and uninfluenced by the company. The company's right to
terminate the mandate prematurely and/or to transfer the mandate to one or more other credit institutions remains
unaffected. The share buyback may be suspended, interrupted and, if necessary, resumed at any time in accordance with
the legal requirements to be observed.
The share buybacks will be carried out in accordance with the safe harbor provisions of Article 5 of Regulation (EU) No
596/2014 (Market Abuse Regulation) in conjunction with the provisions of Delegated Regulation (EU) No 2016/1052 and the
aforementioned authorization of the Annual General Meeting of Beiersdorf Aktiengesellschaft of 29 April 2020. In
particular, the shares of Beiersdorf Aktiengesellschaft will be acquired in accordance with the trading conditions set
out in Article 3 of Delegated Regulation (EU) 2016/1052. The shares of Beiersdorf Aktiengesellschaft will therefore,
inter alia, not be acquired at a price higher than the price of the last independent trade or (if higher) the highest
current independent bid on the trading venue on which the purchase takes place. In addition, Beiersdorf
Aktiengesellschaft will not purchase more than 25% of the average daily share turnover on the trading venue on which
the purchase is made on any one trading day. The average daily share turnover is calculated on the basis of the average
daily trading volume during the 20 trading days prior to the respective purchase date.
Information on the transactions related to the share buyback program 2024 will be adequately disclosed in detailed form
as well as in aggregated form no later than the end of the seventh trading day following the day of execution of such
transactions. In addition, Beiersdorf Aktiengesellschaft will publish the announced transactions on its website
(www.beiersdorf.com) in the "Investor Relations" section and ensure that the information remains publicly available for
at least five years from the date of announcement.

Hamburg, 23 April 2024
Beiersdorf Aktiengesellschaft
The Executive Board

2024-04-23 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press
Releases.

Archive at www.eqs-news.com  
Language:     English 
Company:      Beiersdorf Aktiengesellschaft 

Beiersdorfstraße 1 - 9
22529 Hamburg
Germany
Internet: www.Beiersdorf.com

End of News EQS News Service
===
1887537 2024-04-23 CET/CEST

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1887537&application_name=news

END) Dow Jones Newswires

April 23, 2024 13:35 ET (17:35 GMT)