Axactor Norway AS, a wholly owned subsidiary of Axactor ASA, has reached a
strategic agreement with one of the largest financial institutions in Norway.
Axactor has been chosen as the sole debt collection service provider for the
bank, illustrating Axactor's ability to deliver superior services at competitive
prices. The bank states that Axactor's flexible and efficient technical
solutions, focus on innovation, and solution-oriented approach to collection
were the decisive success factors.

This landmark deal builds further on the successful growth story for Axactor
Norway's 3PC business and is expected to more than double the Norwegian 3PC
revenue. The on-boarding will start in October, with a gradual ramp-up going
into 2026.

"We have worked hard over several years to build our presence in the Norwegian
3PC market for banks and financial institutions, and I am proud to see that the
team's effort is paying off. Over the past two years we have established
ourselves as one of the market leaders in the segment, and with this deal we are
taking Axactor Norway to the next level," says Stina Koren, General Manager of
Axactor Norway.

Johnny Tsolis, CEO of Axactor ASA, continues "this is an important partnership
arising from our thriving relationship with the client. We continue to build
momentum in our 3PC segment with our strategic focus as a specialist on banks
and financial institutions."

For additional information, please contact: Johnny Tsolis, CEO, Axactor Tel: +47
913 35 461 E-mail: johnny.tsolis@axactor.com 

To learn more about Axactor, visit www.axactor.com