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Company Announcement

Copenhagen, 20 February 2025
No. 12/2025

ISS A/S (“ISS”), a leading workplace experience and facility management company, today announces that the Board of Directors has decided to initiate a share buyback programme, under which ISS will buy back own shares for a maximum consideration of DKK 2.5 billion over a 12-month period from 20 February 2025 to 13 February 2026 at the latest, both days inclusive.

Through the share buyback programme, ISS wishes to redistribute excess cash to shareholders. The purpose of the share buy-back programme is to (i) reduce the share capital and (ii) meet obligations arising from ISS’ share-based incentive programmes.

The share buyback programme will be based on the prevailing authorisation to acquire treasury shares granted to the Board of Directors by the Annual General Meeting from time to time.

The share buyback programme is implemented in accordance with Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 (the “Market Abuse Regulation”) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, also referred to as the Safe Harbour Regulation.

The share buyback programme will be launched on 20 February 2025 and will complete no later than 13 February 2026. The share buyback is expected to be completed in two separate tranches. The first tranche of up to DKK 1,250 million will commence 20 February 2025 and complete no later than 11 August 2025. The second tranche to reach the total amount of up to DKK 2.5 billion is expected to commence upon conclusion of the first tranche and complete 13 February 2026 at the latest. ISS has appointed Skandinaviska Enskilda Banken, Danmark, branch of Skandinaviska Enskilda Banken AB (publ), Sweden (“SEB”) as lead manager of the first tranche to execute the share buyback programme independently and without influence from ISS.

The share buyback programme will be implemented under the following framework:

• The maximum total consideration for shares bought back in the period of the programme is DKK 2.5 billion.

• The maximum number of shares that may be acquired under the programme is DKK 18 million.

• The maximum number of shares that may be bought in one single trading day will be the equivalent to no more than 25% of the average daily volume of ISS’ shares traded on Nasdaq Copenhagen (or such other trading venue as may be decided) during the preceding 20 trading days.

• The purchase price paid in connection with acquisition of treasury shares must not deviate by more than 10% from the price quoted on Nasdaq Copenhagen (or such other trading venue as may be decided) at the time of acquisition. The ISS shares may not be bought at a price exceeding the higher of: (i) the share price of the last independent transaction on the trading venue where the purchase is carried out and (ii) the highest current independent purchase bid on the trading venue where the purchase is carried out.

• ISS may suspend or terminate the share buyback programme at any time. Such decision will be disclosed in a company announcement.

• On a weekly basis ISS will issue an announcement in respect of transactions made under the share buyback programme.