Update Share Buyback May 16, 2023

Update share buyback TKH

TKH Group N.V. (“TKH”) today reports that it has repurchased 15,719 of its own depositary receipts of shares in the period from May 9, 2023 up to and including May 15, 2023, for € 709,530 and at an average share price of € 45.14.

These repurchases takes place within the framework of the share buyback program, announced on March 7, 2023 for an amount of € 25 million.

It is the intention to execute the program within a period of 4 months, within the conditions set by the General Meeting of Shareholders, with a maximum purchasing volume of 10% of the trading volume.

TKH publishes on a weekly basis every Tuesday, an overview of the progress of the program on its website: www.tkhgroup.com/investors/shares/dividend-share-buyback