pta20210623029
Announcement according to article 2 of the Regulation (EC) 2016/1052

OHB SE: Announcement pursuant to Art. 5 para. 1 lit. a) of Regulation (EU) No. 596/2014

in conjunction with Art. 2 para. 1 of Del. Commission Regulation (EU) 2016/1052

Bremen (pta029/23.06.2021/17:00 UTC+2) The Management Board of OHB SE resolved on June 17, 2021 to implement a share buyback program with respect to shares of OHB SE. Under this share buyback program, up to 170,000 shares will be acquired at a total purchase price (excluding incidental acquisition costs) of up to EUR 6 million. The buyback via the stock exchange will start on June 25, 2021 and end on March 31, 2022 at the latest.

The share buyback program is being carried out on the basis of the authorization granted by the Company's Annual General Meeting on May 26, 2020, valid until May 25, 2025, under which shares of up to 10% of the capital stock existing at the time of the resolution on the buyback may be acquired. The shares may in particular be used for the purpose of acquiring companies, offered and transferred as employee shares to employees of the Company or issued to members of the Executive Board in fulfillment of existing or future contractual compensation agreements. The purchase price (excluding incidental costs) may not be more than 10% higher or 20% lower than the average price of the shares before the closing date. The average price is the non-volume-weighted average of the closing prices of the Company's shares in XETRA trading (or a comparable successor system) on the stock exchange in Frankfurt am Main on the last five trading days. As part of the share buyback program with a total volume of up to 170,000 shares, corresponding to up to approximately 0.97% of the Company's share capital, a buyback volume of up to EUR 3 million will be mandated on the basis of an initial irrevocable agreement with an independent financial services provider, commencing on June 25, 2021. The financial service provider is obliged to carry out the acquisition in accordance with Regulation (EU) No. 596/2014 of the European Parliament and of the Council of April 16, 2014 on market abuse (Market Abuse Regulation), the Delegated Regulation of the Commission (EU) 2016/1052, which supplements Regulation (EU) No. 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards applicable to the conditions on buyback programs and stabilization measures, and on the basis of the aforementioned authorization of the Annual General Meeting.

In addition, the share buyback program will be executed as follows:
1. the shares will be acquired at market prices in accordance with the aforementioned regulations. The shares will not be acquired at a price higher than that of the last independently executed trade or (should this be higher) higher than that of the current highest independent bid on the trading venues where the purchase takes place.
2. with regard to trading volume, the Company will not acquire, in particular, more than 25% of the average daily share turnover on the trading venue on which the purchase is made; this limit will be applied to the entire share repurchase program. The daily average volume is calculated on the basis of the daily average trading volume of the last 20 trading days prior to the respective purchase date.

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Emitter: OHB SE
Manfred-Fuchs-Platz 2-4
28359 Bremen
Germany
Contact Person: Investor Relations
Phone: +49 421-2020 7200
E-Mail: ir@ohb.de
Website: www.ohb.de
ISIN(s): DE0005936124 (Share)
Stock Exchange(s): Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate
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