Share Buy-Back

HelloFresh

The management board of HelloFresh SE (ISIN: DE000A161408) (the “Company”), with the consent of the Company’s supervisory board, resolved on 10 January 2022 to use the authorization granted by the Company’s annual general shareholders’ meeting of 26 May 2021 and introduce a share buy-back program with a total volume of up to EUR 250 million, which represents at current share price ca. 2.4% of the Company’s ca. 174 million outstanding shares and shall consist of two tranches. A first tranche of EUR 125 million (excluding costs incidental to the purchase) was launched on 11 January 2022 and closed on 2 February 2022. A second tranche of up to another EUR 125 million is intended to be launched later in 2022, subject to market developments.

Under the first tranche, the Company may acquire shares for up to EUR 125 million (excluding costs incidental to the purchase and not more than 2.5 million shares) in the period from 11 January 2022 through (and including) 31 March 2022, provided that the end date can be extended by the number of trading days, if any, on which no purchases can be made due to the contractually agreed price range. Any repurchases will be made by Kepler Cheuvreux within a contractually agreed price range; in the case of a substantial increase in the Company’s share price, no or only part of the planned purchases would be made. Repurchased shares will be cancelled or used to meet obligations arising from the Company’s employee equity incentive programs. The Company reserves the right to terminate the buy-back program at any time.

Ad-hoc announcement: HelloFresh SE announces up to EUR 250 million share buy-back program.

Weekly announcements pursuant to Article 2 (1) of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council (MAR).

The weekly announcements can be found here and on the EQS-News page.

Transactions
The transactions in detailed form can be found here: