2.6.2025 08:36:17 CEST | Nekkar ASA | Additional regulated information required to be disclosed under the laws of a member state

The Board of Directors of Nekkar ASA ("Nekkar" or the "Company") has resolved to renew the company’s share buy-back program. The program will be carried out in accordance with the authorization granted by the Annual General Meeting of Nekkar held on 28 May 2025. In accordance with said authorization, the shares acquired are intended to be used in connection with Nekkar's incentive programs for employees and board members, to be deleted by way of reducing Nekkar's share capital subject to any resolution by the Company's shareholder meeting or for other corporate purposes.

The program authorizes the continued repurchase of up to 10,742,711 shares, with a maximum total consideration of NOK 100 million. As of May 30^th, Nekkar ASA holds 6,201,900 own shares. The final number of total shares repurchased may be significantly lower, depending on factors such as trading volumes and the constraints outlined in Commission Delegated Regulation (EU) 2016/1052 on share buy-back programs. The buy-back program will commence immediately and is expected to be completed no later than 30 May 2026.

The share buy-back program will be managed by an independent third party, which will make its trading decisions regarding the timing of the share repurchases independently of, without influence by, and without access to sensitive information concerning, Nekkar.

 This information is made public by Nekkar pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Disclosure regulation

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

Contacts

• Ole Falk Hansen, CEO, +47 988 14 184, ir@nekkar.com

About Nekkar ASA

Nekkar (OSE: NKR) is an industrial long-term owner of ocean-based technology companies. The company invests in and develops technology businesses within sustainable oceans, robotics and intelligent logistics, and digital solutions. With a 50-year industrial heritage from Syncrolift, Nekkar applies an active buy-to-own strategy to build long-term value. The group supports empowered operating companies with a strong balance sheet and reinvests strategically to ensure profitability and sustainable growth. As a publicly listed company, Nekkar has a proven track record of shareholder value creation through disciplined M&A, financial management, and capital allocation.