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SHARE BUYBACK PROGRAMME
On July 7, 2022, WISeKey completed its Class B share buyback program which was put in place on July 9, 2019. Since the start of this program, through different transactions, WISeKey repurchased an aggregate of 1,074,305 shares, either directly as Class B Shares or indirectly by repurchasing its American Depositary Shares (“ADS”), for a total purchase value of CHF 1,471,609 at an average purchase price of CHF 1.37 per Class B share.
The maximum aggregate amount of Class B Shares, including ADSs, the Company could have repurchased under the Class B share buyback program was 3,682,848 registered Class B shares with a nominal value of CHF 0.05 each.