All resolutions were made in accordance with the proposals from the board of directors and the nomination committee, including, but not limited to, approval of the 2024 annual accounts, election of members to the nomination committee, resolutions related to remunerations, financial assistance offered in connection with the Company's share investment program, certain authorisations to the board of directors (including an authorisation to distribute dividends), and a resolution regarding share capital reduction by redemption of shares. Furthermore, all shareholder elected members of the board of directors' were re-elected for a two-year term until the general meeting in 2027. Following such appointment, the board of directors comprise the following shareholder elected members: Hugo Lund Maurstad as chair and Maria Tallaksen, Andreas Holm, Lisa Åberg and Martin Folke Tivéus as board members.

The general meeting resolved to reduce the share capital by NOK 2,125,000 by redemption of 1,000,000 shares. Following registration of the share capital reduction with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret), the new share capital will be NOK 432,850,999.50, divided into 203,694,588 shares, each with a nominal value of NOK 2.125.

The minutes of the 2025 Annual General Meeting are attached to this announcement and will be made available on the Company's website www.satsgroup.com under "General Meetings".

For further information, please contact:
Cecilie Elde, Chief Financial Officer, phone: +47 924 14 195
Stine Klund, Investor Relations, phone: +47 986 99 259

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.