Diane Mellett, a member of the board of directors, has on 3 July 2024 exercised 7,973 subscription rights, thus entitling her to be allocated 7,973 offer shares in the Rights Issue. In addition, Diane Mellett has subscribed for 100,027 offer shares without subscription rights, thereby subscribing for a total of 108,000 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.

Further, a correction is made to the stock exchange announcement made on 28 June 2024 relating to the exercise of subscription rights in the rights issue by primary insiders. It was informed that Ola Melin, Chief Operation Officer, had exercised 3,241 subscription rights, thus entitling him to be allocated 3,241 offer shares in the Rights Issue. However, the correct information is that he did not exercise any of his subscription rights, and thus subscribed for 40,000 offer shares without subscription rights, subject to allocation by the board of directors and the completion of the Rights Issue.

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.