VEF AB (publ) (“VEF”) has during the period August 11 – 15, 2025 repurchased in total 560,000 ordinary shares as part of the buyback program decided by the Board of Directors.

The buybacks are part of the share buyback program of up to 10 percent of VEF’s outstanding shares which was approved by the Annual General Meeting on May 13, 2025.

VEF has repurchased ordinary shares as follows during this period:

Date
Aggregated daily volume (# shares)
Weighted avg PPS (SEK)
Total daily transaction value (SEK)
2025-08-11
120,000
2.19
262,704
2025-08-12
110,000
2.12
233,246
2025-08-13
110,000
2.09
230,226
2025-08-14
110,000
2.11
231,620
2025-08-15
110,000
2.13
234,575

All trades have been carried out on Nasdaq Stockholm by Carnegie Investment Bank AB on behalf of VEF. As of today, VEF holds 22,102,000 repurchased shares. The total number of outstanding ordinary shares excluding repurchased shares amounts to 1,019,763,735.

For further information please contact:
Kim Ståhl, CFO: +46 (0) 8-545 015 50 or info@vef.vc

About Us
VEF AB (publ) is an investment company whose Common Shares are listed in Sweden. We invest in growth stage private fintech companies, take minority stakes and are active investors with board representation in our portfolio companies, always looking to back the best entrepreneurs in each market. We focus on scale emerging markets and invest across all areas of financial services inclusive of payments, credit, mobile money and wealth advisors. VEF trades in Sweden on Nasdaq Stockholm's Main Market under the ticker VEFAB. For more information on VEF, please visit http://www.vef.vc.

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VEF share buybacks during w. 33, 2025

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