Bavarian Nordic – Transactions in Connection with Share Buy-Back Program

Bavarian Nordic A/S has announced transactions under its share buy-back program launched on September 1, 2026. Between October 19-23, 2026, the company repurchased 140,000 shares at an average price of DKK 239.81, bringing total accumulated repurchases to 964,213 shares worth DKK 214.3 million. Bavarian Nordic now holds 4,522,804 treasury shares, representing 5.71% of its share capital.