Multitude SE: The Board of Directors of Multitude SE has decided to start a share buyback programme^EQS-News: Multitude SE / Schlagwort(e): AktienrückkaufMultitude SE: The Board of Directors of Multitude SE has decided to start ashare buyback programme16.05.2024 / 07:30 CET/CESTFür den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.---------------------------------------------------------------------------Multitude SE: The Board of Directors of Multitude SE has decided to start ashare buyback programmeHelsinki, 16 May 2024 - The Board of Directors of Multitude SE, a listedEuropean FinTech company, offering digital lending and online bankingservices to consumers, small and medium-sized businesses, and other FinTechs(ISIN: FI4000106299, WKN: A1W9NS) ("Multitude", "Company" or "Group") "),has, based on the authorization granted by the Annual General Meeting heldon 25 April 2024, resolved to implement a share buyback programme for atotal of maximum 2,172,396 shares in the company, in one or severaltranches, by using the company's unrestricted equity. The authorisationentitles the Board of Directors to decide to repurchase shares or acceptshares as pledge also otherwise than in proportion to the shareholders'holding in the company by way of directed repurchase.The purpose of the repurchase of shares is, and the shares to be repurchasedmay be used, to meet obligations arising from the company's incentiveschemes or as a means of payment in acquisitions and other similararrangements relating to the company's business. There is therefore aweighty economic reason for the directed repurchase of shares.The repurchase of shares will start at the earliest on 17.5.2024 and willend at the latest on 30.6.2024. The maximum number of shares to be acquiredis 100,000, which corresponds to approximately 0.5% of all shares in thecompany. However, the maximum amount to be used for the acquisition ofshares is EUR 700,000. The shares will be repurchased through public tradingon the Prime Standard of the Frankfurt Stock Exchange. The price to be paidfor the shares will be determined on the basis of the share price prevailingon the Prime Standard of the Frankfurt Stock Exchange at the time ofrepurchase.At the moment, the total number of shares in the Company is 21,723,960. Thenumber of the treasury shares held by the company is 60,036 at 16.5.2024.Contact:Lasse MäkeläChief Strategy and IR OfficerPhone: +41 79 371 34 17E-Mail: Lasse.makela@multitude.comAbout Multitude SE :Multitude is a listed European FinTech company, offering digital lending andonline banking services to consumers, small and medium-sized businesses, andother FinTechs overlooked by traditional banks. The services are providedthrough three independent business units, which are served by our internalBanking-as-a-Service Growth Platform. Multitude's business units areconsumer banking (Ferratum), SME banking (CapitalBox) and wholesale banking(Multitude Bank). Multitude Group employs over 700 people in 25 countriesand offers services in 16 countries, achieving a combined turnover of 230million euros in 2023. Multitude was founded in Finland in 2005 and islisted on the Prime Standard segment of the Frankfurt Stock Exchange underthe symbol 'FRU'. www.multitude.com---------------------------------------------------------------------------16.05.2024 CET/CEST Veröffentlichung einer Corporate News/Finanznachricht,übermittelt durch EQS News - ein Service der EQS Group AG.Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.Die EQS Distributionsservices umfassen gesetzliche Meldepflichten, CorporateNews/Finanznachrichten und Pressemitteilungen.Medienarchiv unter https://eqs-news.com--------------------------------------------------------------------------- Sprache: Deutsch Unternehmen: Multitude SE Ratamestarinkatu 11 A 00520 Helsinki Finnland E-Mail: ir@multitude.com Internet: https://www.multitude.com/ ISIN: FI4000106299 WKN: A1W9NS Börsen: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart, Tradegate Exchange; Stockholm EQS News ID: 1904291Ende der Mitteilung EQS News-Service---------------------------------------------------------------------------1904291 16.05.2024 CET/CEST°