Robert Burns, a member of the board of directors, has on 27 June 2024 exercised 19,376 subscription rights, thus entitling him to be allocated 19,376 offer shares in the Rights Issue. In addition, Robert Burns has subscribed for 30,624 offer shares without subscription rights, thereby subscribing for a total of 50,000 offer shares at the subscription price in the Rights Issue, i.e., NOK 2.50 per offer share, and to be allocated a corresponding number in warrants without additional consideration, subject to allocation by the board of directors and the completion of the Rights Issue.

Ola Melin, Chief Operation Officer, has on 27 June 2024 exercised 3,241 subscription rights, thus entitling him to be allocated 3,241 offer shares in the Rights Issue. In addition, Ola Melin has subscribed for 36,759 offer shares without subscription rights, thereby subscribing for a total of 40,000 offer shares at the subscription price in the Rights Issue, i.e., NOK 2.50 per offer share, and to be allocated a corresponding number in warrants without additional consideration, subject to allocation by the board of directors and the completion of the Rights Issue.

Please see the attached notifications of trade for information regarding the subscription rights exercised by primary insiders in the Rights Issue. The attached notifications of trade also include an amended form for receipt of subscription rights by Damian Marron (chairperson) to 3,604 subscription rights from 3,551 subscription rights.

This information is subject to the disclosure requirements pursuant to article 19 of the EU Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.