Weekly share repurchase programme update as of 28 October 2024

Bunnik, the Netherlands – Royal BAM Group nv has repurchased 913,325 of its own shares in the period from 21 October 2024 up to and including 25 October 2024 at an average price of €4.56. The consideration for this repurchase was €4.2 million.

In the aggregate BAM has repurchased 13,301,372 shares, for €52.8 million in total, up to and including 25 October 2024 of its share buyback programme for 7,216,389 ordinary shares as confirmed on 3 May 2024 to offset for the dilution effect due to the issue of stock dividend, and for the additional share buyback of approximately €30 million, as announced on 15 February 2024 (of which 81.0% is now completed).

An overview of all weekly transactions with aggregated numbers of repurchased shares is published by BAM on its website.

Click here for the press release of 3 May 2024, confirming the start of the share buyback programme.

Further information:

• analysts: Michel Aupers, michel.aupers@bam.com, +31 (0)30 659 89 88;
• press: Arno Pronk, arno.pronk@bam.com, or Bert Ooms, bert.ooms@bam.com, +31 (0)30 659 89 88.

This press release contains information which is to be made publicly available under the Commission Delegated Regulation (EU) 2016/1052.