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Manitou: Shareholder-Supported Share Buyback Program

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The Manitou Group has unveiled the details of its share buyback program, approved at the Combined General Meeting on June 25, 2026. The plan authorizes a maximum investment of €100 million. Manitou plans to repurchase up to 10% of its shares, a figure that may be adjusted depending on its future capital transactions. As of May 31, 2026, Manitou held 3.53% of its share capital and intends to acquire a maximum of 2,565,959 additional shares.

The maximum price per share is set at €60. The program will run for 18 months, extending until December 24, 2027. Objectives include the execution of stock option plans, the free allocation of shares, and the facilitation of external growth transactions. Repurchased shares may also be cancelled, subject to a specific resolution. Manitou stated that other transactions may be initiated in compliance with applicable regulations.

R. E.

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