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, with a budget of DKK 250 million through October 30, 2026. As of October 2, 2026, the company has repurchased 573,822 shares at an average price of DKK 212.45, totaling DKK 121.9 million. Bavarian Nordic now holds 4,132,413 treasury shares, representing 5.21% of its share capital.