October 7, 2025 - Aker ASA ("Aker" or the "Company") announced a buyback program
on September 30, 2025 for up to 429,067 of its own shares, to be conducted in
the period from the announcement until December 31, 2025.

Nordea, under an irrevocable mandate from Aker, has carried out the following
transactions under the buyback program during 30.09.2025 to 07.10.2025:

+--------------------+---------+-----------+-------------+
|Date                |Number of| Weighted  |    Total    |
|                    | shares  |  average  | transaction |
|                    |         |price (NOK)| value (NOK) |
+--------------------+---------+-----------+-------------+
|30.09.2025          |   12,078|   788.5739| 9,524,395.56|
+--------------------+---------+-----------+-------------+
|01.10.2025          |   10,471|   784.3522| 8,212,951.89|
+--------------------+---------+-----------+-------------+
|02.10.2025          |    9,450|   780.3242| 7,374,063.69|
+--------------------+---------+-----------+-------------+
|03.10.2025          |    3,417|   778.0641| 2,658,645.03|
+--------------------+---------+-----------+-------------+
|06.10.2025          |    9,757|   794.2560| 7,749,555.79|
+--------------------+---------+-----------+-------------+
|07.10.2025          |    6,522|   777.7464| 5,072,462.02|
+--------------------+---------+-----------+-------------+
|Total this period   |   51,695|   785.2224|40,592,073.98|
+--------------------+---------+-----------+-------------+
|Previously announced|        -|          -|            -|
|under the program   |         |           |             |
+--------------------+---------+-----------+-------------+
|Total buybacks made |   51,695|   785.2224|40,592,073.98|
|under the program   |         |           |             |
+--------------------+---------+-----------+-------------+

Nordea has made its own trading decisions regarding the share repurchases
independently of and without influence from Aker.

Following the completion of the above-mentioned transactions, Aker owns a total
of 94,262 of its own shares, corresponding to 0.13% of the Company's total
number of issued shares.

An overview of transactions made under the buyback program carried out under the
above-mentioned time period is attached.

-ENDS-

Media contact:
Atle Kigen, Head of Media Relations and Public Affairs
+47 90 78 48 78
atle.kigen@akerasa.com

Investor contact:
Fredrik Berge, Head of Investor Relations
+47 45 03 20 90
fredrik.berge@akerasa.com

This information is subject to the disclosure requirements pursuant to Section 5
-12 the Norwegian Securities Trading Act and the requirements under the EU
Market Abuse Regulation.

The buyback and the distribution of this announcement and other information in
connection therewith may be restricted by law in certain jurisdictions, and the
buyback is not made in any jurisdiction in which this would be unlawful, require
registration or other measures. The Company does not assume any responsibility
in the event there is a violation by any person of such restrictions. Persons
into whose possession this announcement or such other information should come
are required to inform themselves about and to observe any such restrictions.

The buyback is not being made directly or indirectly in, or by use of the mails
of, or by any means or instrumentality of interstate or foreign commerce of, or
any facilities of a national securities exchange of, the United States of
America, its territories and possessions, any State of the United States and the
District of Columbia (the "United States") or any other jurisdiction in which
this would be unlawful. This includes, but is not limited to, facsimile
transmission, internet delivery, e-mail, telex and telephones. Accordingly,
copies of this release and any related documents are not being, and must not be,
mailed, e-mailed or otherwise distributed or sent in or into the United States
and so doing may invalidate any purported sales offer.

For more information about the company, visit www.akerasa.com