izertis, S.A. (BME:IZER) commences share repurchases on July 28, 2023, under the program mandated by the shareholders in the Annual General Meeting held on June 27, 2023. As per the mandate, the company is authorized to repurchase its own shares. The price to be paid for repurchases should be at the price resulting from their stock trading on the day of the acquisition but not higher than the maximum price which is an amount equal to their listed price increased by 10% or not lower than the minimum price which is the par value of the share.

The repurchased shares will be used to meet the obligations derived from the liquidity contract that the company has entered into with its liquidity provider; and/or for the execution of corporate operations of any kind; and/or where appropriate, will be disposed within the limits provided in the applicable regulations and/or will be used to fulfill the obligations derived from incentive plans consisting of the delivery of company shares to managers and employees of the company or companies of its group. The authority shall be valid for a period of 5 years, from the date of passing of this resolution. As of June 27, 2023, the company had 555,707 treasury shares.