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Transactions in Connection with Share Buy-back Program

Key Takeaway: Genmab A/S has initiated a share buy-back program to repurchase up to 342,130 shares, valued at DKK 725 million, to fulfill commitments under its Restricted Stock Unit program. The program is set to conclude by March 31, 2026. Recent transactions have corrected the accumulated share buy-back figure to 148,000 shares, with Genmab holding 2,766,533 shares as treasury shares.

Market Sentiment Analysis

POSITIVE FACTORS

  • Initiation of a share buy-back program to enhance shareholder value.
  • Successful execution of transactions under the buy-back program.
  • Commitment to honoring obligations under the Restricted Stock Unit program.

Full Press Release Details

Company Announcement
COPENHAGEN, Denmark; March 9, 2026 – Genmab A/S (Nasdaq: GMAB).On February 17, 2026, Genmab announced the initiation of a share buy-back program to repurchase up to 342,130 shares with a maximum aggregate total value of DKK 725 million to honor our commitments under the Restricted Stock Unit program.
The share buy-back program is expected to be completed no later than March 31, 2026.
The following transactions were executed under the program from March 2 to March 6, 2026:
No. ofshares Average price (DKK) Total value (DKK)
Accumulated through last announcement* 148,000 271,855,470
March 2, 2026 15,000 1,864.75 27,971,250
March 3, 2026 23,000 1,793.10 41,241,300
March 4, 2026 20,000 1,787.46 35,749,200
March 5, 2026 20,000 1,788.49 35,769,800
March 6, 2026 23,000 1,739.20 40,001,600
Total 101,000 180,733,150
Accumulated under the program 249,000 452,588,620
* The “Accumulated through last announcement” figure previously communicated on March 2, 2026, was incorrectly stated as 1,431,958. The correct figure was 63,000 shares. Combined with subsequent purchases, this results in the corrected accumulated figure of 148,000 shares as stated above.
Following these transactions, Genmab holds 2,766,533 shares as treasury shares, corresponding to 4.31% of the total share capital and voting rights.
The share buy-back program will be undertaken on the terms set out below and in accordance with Regulation (EU) No. 596/2014 (‘MAR’) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the “Safe Harbour Regulation.” Further details on the terms of the share buy-back program can be found in our company announcement no. 05 dated February 17, 2026.
About GenmabGenmab is an international biotechnology company dedicated to improving the lives of people with cancer and other serious diseases through innovative antibody medicines. For over 25 years, its passionate, innovative and collaborative team has advanced a broad range of antibody-based therapeutic formats, including bispecific antibodies, antibody–drug conjugates (ADCs), immune-modulating antibodies and other next-generation modalities. Genmab’s science powers eight approved antibody medicines, and the company is advancing a strong late-stage clinical pipeline, including wholly owned programs, with the goal of delivering transformative medicines to patients.
Established in 1999, Genmab is headquartered in Copenhagen, Denmark, with international presence across North America, Europe and Asia Pacific. For more information, please visitGenmab.comand follow us onLinkedInandX.Contact:Marisol Peron, Senior Vice President, Global Communications & Corporate AffairsT: +1 609 524 0065; E:mmp@genmab.com
Andrew Carlsen, Vice President, Head of Investor RelationsT: +45 3377 9558; E:acn@genmab.comThis Company Announcement contains forward looking statements. The words “believe,” “expect,” “anticipate,” “intend” and “plan” and similar expressions identify forward looking statements. Actual results or performance may differ materially from any future results or performance expressed or implied by such statements. The important factors that could cause our actual results or performance to differ materially include, among others, risks associated with preclinical and clinical development of products, uncertainties related to the outcome and conduct of clinical trials including unforeseen safety issues, uncertainties related to product manufacturing, the lack of market acceptance of our products, our inability to manage growth, the competitive environment in relation to our business area and markets, our inability to attract and retain suitably qualified personnel, the unenforceability or lack of protection of our patents and proprietary rights, our relationships with affiliated entities, changes and developments in technology which may render our products or technologies obsolete, and other factors. For a further discussion of these risks, please refer to the risk management sections in Genmab’s most recent financial reports, which are available onwww.genmab.comand the risk factors included in Genmab’s most recent Annual Report on Form 20-F and other filings with the U.S. Securities and Exchange Commission (SEC), which are available atwww.sec.gov. Genmab does not undertake any obligation to update or revise forward looking statements in this Company Announcement nor to confirm such statements to reflect subsequent events or circumstances after the date made or in relation to actual results, unless required by law.Genmab A/S and/or its subsidiaries own the following trademarks: Genmab®; the Y-shaped Genmab logo®; Genmab in combination with the Y-shaped Genmab logo®; HuMax®; DuoBody®; HexaBody®; DuoHexaBody®, HexElect®and KYSO®.
Company Announcement no. 15CVR no. 2102 3884LEI Code 529900MTJPDPE4MHJ122
Genmab A/SCarl Jacobsens Vej 302500 ValbyDenmark

Attachment

090326_CA15_SBBP

Frequently Asked Questions

What is the purpose of Genmab's share buy-back program?

The program aims to repurchase shares to honor commitments under the Restricted Stock Unit program.

How many shares is Genmab planning to repurchase?

Genmab plans to repurchase up to 342,130 shares.

When is the share buy-back program expected to be completed?

The program is expected to be completed by March 31, 2026.

What is the total value of the share buy-back program?

The maximum aggregate total value of the program is DKK 725 million.

How many shares does Genmab currently hold as treasury shares?

Genmab currently holds 2,766,533 shares as treasury shares.

Last updated: Mar 9, 2026