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Scandinavian Tobacco Group A / S: Transactions in connection with the share buyback program

Company Publication No. 46/2020 Copenhagen, 21 December 2020 Transactions in connection with the share buyback program On 28 August 2020, the Scandinavian Tobacco Group A / S (“STG”) announced that an aggregate price buyback program had been launched up to DKK 300 million with the purpose of adjusting the Company’s capital structure and meeting obligations relating to the Group’s share incentive program. The buyback program will be implemented in accordance with Regulation No 596/2014 of the European Parliament and of the Council of 16 April 2014 (“Market Abuse Regulation”) and Commission Delegated Regulation (EU) 2016/1052, also referred to as Safe Harbor Rules. The share buyback program will end by 26 February 2021. at the latest. The following transactions were effected between December 14 and December 18, 2020: Number of shares Average purchase price, value of DKKTransaction, DKKAccumulated, last issue1,751,563 166,230,94914 December 202035, 000102.203,576,96515 December 202029,401103.083,030,71116 December 202030 , 664102.973,157,32217 December 202024,511103.042,525,56718 December 202021,522103.052,217,911Accumulated under the program1,892,661 180,73944 overview 180,739,241 180,739 A241 1807 December 14 – December 18, 2020 is attached to this publication. Following the above transactions STG holds a total of 2,169,169 treasury shares, equivalent to 2.17% of total share capital. For further information, please contact: Investors: Torben Sand, Head of Investor Relations, tel: +45 5084 7222 or [email protected] Media: Simon Mehl Augustesen, Group Communications Director, tel: +1 484- 379- 8725 or [email protected] Company Attachments Publication number 46 2020 18 DEC 2020 PUBLIC_SBB_SCANDINAVIAN TOBACCO GROUP