• oOh!media to buy back up to 10% of issued share capital
• Buyback reflects Board's belief that shares are undervalued
• Buyback to be funded from existing cash and debt facilities
• Buyback to commence on or after 12 March 2026 for up to 12 months

oOh!media Limited (ASX:OML) has announced an on-market share buyback of up to 10% of its issued share capital. The buyback reflects the Board's belief that the company's shares are materially undervalued given oOh!'s strong and profitable growth trajectory and the ongoing strength of the Out of Home sector. The buyback will be funded from existing cash and committed debt facilities and is expected to commence on or after 12 March 2026, to be conducted over a period of up to 12 months. The exact amount and timing of the buyback will be dependent on market conditions, and oOh! reserves the right to vary, suspend or terminate the buyback at any time. oOh! CEO and Managing Director, James Taylor, stated that the buyback is an efficient use of capital and aligns with the company's capital management framework, which includes maintaining a target gearing level of less than 1.0x.