Magnora ASA: Repurchase of shares

27.7.2026 07:00:05 CEST | Magnora ASA | Acquisition or disposal of an issuer's
own shares

Magnora ASA has on 16, 17, 20, 21, 22, 23, and 24 July 2026 bought a total of
319,820 shares in Magnora ASA at an average price of NOK 23.2157 per share.

The transactions are detailed in the table below:

Date               | Number of shares | Average share price | Transaction value
                   |                  | (NOK)               | (NOK)            
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16/07/2026         | 50,000           | 22.4086             | 1,120,428        
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17/07/2026         | 94,820           | 22.6525             | 2,147,911        
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20/07/2026         | 35,000           | 23.1334             | 809,669          
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21/07/2026         | 30,000           | 23.4765             | 704,295          
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22/07/2026         | 30,000           | 23.9521             | 718,563          
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23/07/2026         | 30,000           | 23.9120             | 717,359          
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24/07/2026         | 50,000           | 24.1323             | 1,206,615        
-------------------------------------------------------------------------------
Total current week | 319,820          | 23.2157             | 7,424,839        
-------------------------------------------------------------------------------
Total previously   | 787,227          | 23.7161             | 18,669,955       
announced          |                  |                     |                  
transactions under |                  |                     |                  
the program:       |                  |                     |                  
-------------------------------------------------------------------------------
Total transactions | 1,107,047        | 23.5715             | 26,094,794       
under the program: |                  |                     |                  

 Magnora ASA now holds 1,211,670 of own shares after this trade, which
represents 1.7 percent of total shares outstanding.

DISCLOSURE REGULATION

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

CONTACTS

 * Erik Sneve, CEO, email: es at magnoraasa.com 

ABOUT MAGNORA ASA

Magnora ASA (OSE: MGN) is a developer of data center, wind, solar, and battery
projects, as well as a data center operator. Magnora has operations in Europe
and Africa through the portfolio companies Magnora Data Center ASA, Helios
Magnora Sol AS, Magnora Offshore Wind AS, Magnora Germany, Magnora Italy Srl.,
Magnora Solar PV UK, Magnora South Africa, and AGV. Magnora also has earn-out
revenues related to the former portfolio companies Helios Nordic Energy and
Evolar. Magnora is listed on the main list of the Oslo Stock Exchange under the
ticker MGN.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847805/19002380/14291/Download%20announc
ement%20as%20PDF.pdf

Magnora ASA Trade file details week 29-30.pdf -
https://kommunikasjon.ntb.no/ir-files/17847805/19002380/14290/Magnora%20ASA%20Tr
ade%20file%20details%20week%2029-30.pdf
s://kommunikasjon.ntb.no/ir-files/17847805/19002380/14290/Magnora%20ASA%20Tr\
ade%20file%20details%20week%2029-30.pdf\