In connection therewith, the board of directors of the Company has in a board meeting held today, on 27 February 2024, resolved to increase the Company's share capital with NOK 147,884 by the issuance of 147,884 new shares, each with a par value of NOK 1.00, in order to facilitate the delivery of new shares to the options holders having exercised options. The board of directors' resolution to increase the share capital of the Company was made pursuant to the authorisation granted to it by the extraordinary general meeting held on 23 November 2021. 

The exercise price for the options exercised equals the volume-weighted average market price for the Company's shares on the Oslo Stock Exchange the six trading days prior to the grant date of the relevant options. 

Upon registration of the share capital increase pertaining to the new shares with the Norwegian Register of Business Enterprises (Nw.: Foretaksregisteret), the new share capital of the Company will be NOK 27,818,843, divided into 27,818,843 shares, each with a par value of NOK 1.00. The share capital increase will be registered with the Norwegian Register of Business Enterprises as soon as practically possible after the share contribution has been fully paid.