Press release

Buybacks of shares by H&M during week 42, 2023

Between 16 October 2023 and 20 October 2023 H & M Hennes & Mauritz AB (publ) (LEI code 529900O5RR7R39FRDM42) has repurchased in total 775,000 own B shares (ISIN: SE0000106270) as part of the share buyback programme initiated by the board of directors.

The share buybacks form part of the SEK 3.0 billion share buyback programme that H&M announced on 27 September 2023. The share buyback programme, which runs between 27 September 2023 and no later than 31 March 2024, is being carried out in accordance with Regulation (EU) No 596/2014 on market abuse (the Market Abuse Regulation – MAR) and Commission Delegated Regulation (EU) 2016/1052 (the so-called Safe Harbour Regulation).

H&M B shares have been repurchased as follows:

Date: Aggregated daily volume (number of shares): Weighted average share price per day (SEK): Total daily transaction value (SEK):
16 October 2023 155,000  155.1963 24,055,427
17 October 2023 155,000  155.6718 24,129,129
18 October 2023 155,000  156.1084 24,196,802
19 October 2023 155,000  153.3962 23,776,411
20 October 2023 155,000  150.5453 23,334,522
Total accumulated over week 42/2023 775,000  154.1836 119,492,290
Total accumulated during the buyback program 2,835,000  153.2737 434,617,910

All acquisitions have been carried out on Nasdaq Stockholm by Danske Bank on behalf of H&M. Following the above acquisitions, H&M’s holding of own shares amounts to 2,835,000 B shares as of 23 October 2023. The total number of shares in H&M, including the own shares, is 1,629,686,837 and the number of outstanding shares, excluding the own shares, is 1,626,851,837.

A full breakdown of the transactions is attached to this announcement.

Contact:
Joseph Ahlberg, Head of Investor Relations
Telephone: +46 73 465 93 92
E-mail: joseph.ahlberg@hm.com

For more information from the H&M group and press images visit hmgroup.com/media.

H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on Nasdaq Stockholm. H&M’s business idea is to offer fashion and quality at the best price in a sustainable way. In addition to H&M, the group includes the brands COS, Monki, Weekday, & Other Stories, H&M HOME, ARKET and Afound as well as Sellpy. For further information, visit hmgroup.com.