premargin

Element List	Explanation
Introduction	Savola Group announces its intention to buy back its shares to retain them as Treasury Shares under the Employees Long -Term Incentive Program (LTIP) for the executives of Savola Group and its subsidiaries based on the Board of Directors approval to allocate these shares to three tranches that will be awarded on annual basis in line with the approved terms and conditions of the program, which was first launched in 2020.
Board of director’s recommendation date	2025-09-10 Corresponding to 1447-03-18
Purpose of Purchase	To retain them as Treasury Shares under the Employees Long Term Incentive Program -LTIP
Purpose of Purchase (If the Purpose to Keep the Shares as Treasury Shares)	To retain them as Treasury Shares under the LTIP, which aims to attract and retain outstanding talents and to motivate them to further strengthen their performance to achieve Savola Group’s objectives.
Number of Shares to be Bought	2800000
Shares Class and type	Ordinary shares
Method of Financing the Purchasing Process	The purchase of these shares will be funded through the company’s internal resources
Current Percentage of the Treasury Shares at the Company out of the Total Class of Shares Purchased	0.27%
Approvals and Meeting the Conditions of Financial Appropriateness	a) It should be noted that the approval of the Extraordinary General Assembly’s must be obtained for the shares buy back as per the requirements of item (4) of article (17) of the Implementing Regulations of the Companies’ law for listed joint stock companies. b) The company will also satisfy the conditions of solvency requirements as per item (3) of article (17) of the Implementing Regulations of the Companies’ law based on a report that will be issued by the company’s External Auditors, which will be attached along with the EGM invitation that will decide on this transaction.
Voting Right	The current Treasury shares and the ones that will be bought back shall not have voting rights in the Shareholders General Assembly Meetings.
Additional Information	The number of shares that proposed to be bought back represents 0.93 % of the total shares of Company’s capital.

Savola Group Announces the recommendation of its Board of Directors to buy back its Shares