PCO Commencement of a €52.9 million fourth tranche of share buyback programme

Further to the announcement on 28 January 2026, the Company today confirms it will commence a fourth tranche of its share buyback programme from 12 March 2026 of €52.9 million. The Board views it as an opportune time to commence the next tranche of our share buyback programme as it believes the current share price materially undervalues the Group's future prospects and its intrinsic earnings potential.