ERIC · Telefonaktiebolaget LM Ericsson (publ)

Telefonaktiebolaget LM Ericsson announced the initiation of a significant share buyback program authorized by its Board of Directors. The program allows for the repurchase of ordinary Class B shares for a maximum consideration of SEK 15 billion. This initiative is executed under the authorization granted by the Annual General Meeting held on March 31, 2026. The primary objectives stated for the program are to distribute surplus liquidity, adjust the company's capital structure by reducing capital, and secure shares to fulfill obligations under existing share-related incentive programs. Consequently, the Board intends to propose the cancellation of repurchased shares at the 2027 Annual General Meeting, excluding those utilized for incentive programs. The program will be executed on Nasdaq Stockholm, with acquisitions expected to commence on April 23, 2026, and conclude no later than March 31, 2027. An independent financial investment firm will manage the program, making trading decisions independently of Ericsson to ensure compliance with the Market Abuse Regulation (MAR) and the Safe Harbour Regulation. As of April 16, 2026, Ericsson holds 38,002,276 Class B shares as treasury stock. The total number of issued shares stands at 3,371,351,735, comprised of 261,755,983 Class A shares and 3,109,595,752 Class B shares. The program includes a constraint that the total holding of treasury shares must not exceed 10 percent of the total number of issued shares at any time.