Correction: IAR’s Board of Directors has decided to resume share buybacks

The total number of shares in IAR has been corrected, and IAR's own holding has been added.

The Board of Directors of I.A.R. Systems Group AB ("IAR"), with the authority granted by the Annual General Meeting on April 25, 2024, has resolved to buy back its own Class B shares on Nasdaq Stockholm. The purpose of the buybacks is to provide the Board with increased flexibility in managing the company's capital structure.

The acquisition of Class B shares in IAR may take place until April 27, 2025. In total, the company may acquire a number of Class B shares that do not at any time exceed ten (10) percent of all shares in the company. The share repurchases shall be made on Nasdaq Stockholm in accordance with its Rulebook for Issuers of Shares. The share repurchases are to be carried out on one or more occasions, at a price per share within the registered span of share prices on the stock exchange at the particular time (i.e. the interval between the highest buying price and the lowest selling price) on Nasdaq Stockholm. The shares are to be paid for in cash.

At the time of this press release, the total number of shares in IAR amounts to 13,968,333, of which 13,660,291 B shares and 308,042 C shares. IAR's holdings of own shares at the time amounted to 759,947 shares, divided into 451,905 B shares and 308,042 C shares.