Scout24 SE: Release of a capital market information

Scout24 SE: Release of capital market information

DISCLOSURE CORRESPONDING TO ART. 5(1) LIT. A) OF REGULATION (EU) NO. 596/2014 AND ART. 2(1) OF DELEGATED REGULATION (EU) NO. 2016/1052 // SHARE BUYBACK PROGRAM

The Management Board of Scout24 SE, Munich, ISIN DE000A12DM80, resolved on 22 March 2023, with the approval of the Supervisory Board, (cf. ad hoc announcement of 22 March 2023) to repurchase own shares of the Company with a volume of up to 100 million Euros via the stock exchange.

In order to continue the ongoing share buyback program, the Company makes use of the authorization granted by the Annual General Meeting on 22 June 2023 to acquire own shares pursuant to section 71 (1) no. 8 of the German Stock Corporation Act (Aktiengesetz - AktG), which renews and completely replaces the authorization of the Annual General Meeting originally granted on 30 June 2022, unless the authorization of 30 June 2022 has already been used.

Further share buybacks shall not commence before 29 January 2024 (earliest possible purchase date) and will be completed no later than 4 October 2024 (latest possible purchase date). In this period and in accordance with the resolved buyback program, own shares of the Company worth up to a maximum of 50 million Euros (excluding transaction costs) shall be repurchased in one or several separate tranches via the stock exchange or via a multilateral trading system within the meaning of section 2 para. 6 of the Stock Exchange Act (Börsengesetz – BörsG). On the basis of the closing price in XETRA trading on the Frankfurt stock exchange (as of 26 January 2024: 66.48 Euro), this corresponds to a volume of up to ca. 752,106 shares. However, the maximum number of shares repurchased in the or the further tranches shall not exceed a total amount of 2 million shares. Against the background of the Annual General Meeting 2024 scheduled for 5 June 2024 and its legally compliant execution, no shares are expected to be repurchased in the period from 10 April 2024 until 29 April 2024 and from 23 May 2024 until 5 June 2024.

The own shares will be repurchased for legally permitted purposes. The shares acquired as part of this share buyback program, together with other shares, which the Company has already acquired pursuant to section 71 (1) no. 8 of the AktG and still holds, will at no time exceed 10 % of the share capital.

The buyback will be implemented by a credit institution which makes its decisions on the timing of the share purchases independently and without being influenced by the Company. The right of Scout24 SE to terminate the mandate with the bank prematurely and to reassign it to another bank remains unaffected. The buyback of own shares will be carried out in accordance with Art. 5 (1) of the Market Abuse Regulation (MAR) in conjunction with the Commission Delegated Regulation (EU) no. 2016/1052 of 8 March 2016 (Delegated Regulation (EU) 2016/1052) except for the limitations of the purposes set out in Article 5 (2) of the MAR.

In accordance with the authorization granted by the Annual General Meeting on 22 June 2023, the countervalue per Scout24 share paid by Scout24 SE (excluding incidental purchase costs) may not exceed by more than 10 %, or fall below by more than 20 %, the average closing price of a Scout24 share in the XETRA trading system (or a comparable successor system) on the Frankfurt stock exchange on the last three trading days preceding the obligation to acquire. In addition, in accordance with the trading conditions of Art. 3 of the Delegated Regulation (EU) 2016/1052, no purchase price will be paid which exceeds the higher of the price of the last independent trade or the highest last independent purchase bid on the trading venue where the purchase is carried out, including when the shares are traded on different trading venues. In accordance with the Delegated Regulation (EU) 2016/1052, no more than 25 % of the average daily volume of the shares at the trading venue on which the respective purchase is carried out may be acquired on any trading day; the average daily volume of the shares results from the average daily trading volume during the 20 trading days preceding the specific day of purchase. Buyback orders will only be placed during continuous trading and not in the context of auction phases, and orders existing at the beginning of an auction phase will not be changed during this phase.

The share buyback may be suspended and resumed at any time in compliance with the applicable statutory provisions.

Information on the transactions relating to the buyback program will be duly disclosed in accordance with Art. 2 (2) and (3) of the Delegated Regulation (EU) 2016/1052 no later than by the end of the seventh trading day following the date of the execution of such transactions in a detailed as well as in an aggregated form. Moreover, Scout24 SE will publish all disclosed transactions on its website https://www.scout24.com/en/investor-relations/share/share-buybacks in accordance with Art. 2 (3) of the Delegated Regulation (EU) 2016/1052 and will keep that information available to the public for at least a 5-year period from the date of public disclosure.

Berlin, 26 January 2024

Scout24 SE

The Management Board