Reference is made to the announcement made by Axactor ASA ("Axactor" or the
"Company") on 28 April 2026 regarding the successful completion of a private
placement of new shares (the "Private Placement") where F NPL Investment
Holdings Fund III (subfund of Fortress ICAV) ("Holdings Fund III") was allocated
235,703,836 shares in Axactor, subject to the passing of requisite resolutions
by the Company's extraordinary general meeting.

Holdings Fund III is owned by certain funds collectively referred to as
"Fortress European NPL & Asset Recovery Fund III" or the "Fund"). The general
partner of the Fund is Fortress European NPL & Asset Recovery III GP LLC (the
"GP"). The GP has full power and authority to manage and control the Fund,
including the property, assets, affairs and business thereof. The Fund has
entered into a management agreement with Fortress European NPL & Asset Recovery
III Advisors LLC which is wholly owned by FIG LLC, a registered investment
advisor regulated by the U.S. Securities & Exchange Commission. FIG LLC is
controlled by Fortress Investment Group LLC which in turn is ultimately
controlled by FIG Buyer GP, LLC ("Fortress").

Fortress does not, directly or indirectly, own any Axactor shares prior to
completion of the Private Placement and will hence indirectly hold 235,703,836
shares in Axactor, corresponding to an ownership interest of approximately
30.68% of the 768,209,293 shares and votes in the Company that will be
outstanding following registration of the share capital increase pertaining to
the Private Placement in the Norwegian Register of Business Enterprises.

This information is subject to the disclosure requirements pursuant to sections
4-2 of the Norwegian Securities Trading Act.