Bouvet ASA has engaged a third party on 25 February 2025 to conduct repurchases
of the company's own shares to be used in its share programme for employees. 

This buyback programme will encompass a maximum of 1,000,000 shares and comprise
the acquisition of Bouvet shares up to an overall value of NOK 90,000,000.
Before the share repurchases, Bouvet ASA holds 318,632 of its own shares. 

The buyback programme has a fixed duration and share purchases will take place
in specified periods from 26 February 2025 until 10 October 2025. 

From 26 February 2025 until the annual general meeting on 7 May 2025, the
buyback programme will be based on the mandate provided by the AGM of 22 May
2024 and registered in the Norwegian Register of Business Enterprises.
Acquisition of shares after the 2025 AGM is subject to a new mandate. Should no
new mandate be granted, the existing mandate will apply up to 30 June 2025. 

Shares will be purchased on the Oslo Stock Exchange. The share buyback programme
will be conducted in accordance with applicable safe harbour conditions and
pursuant to the Norwegian Securities Trading Act of 2007, EU Commission
Regulation (EC) No 2016/1052, and the Oslo Stock Exchange's guidelines for
buyback programmes and price stabilisation of February 2021. 

For further information, please contact: 
Steffen Garder, CFO, T: +47 930 99 940, E: steffen.garder@bouvet.no

This information is made public by the company pursuant to article 5 of the EU
Market Abuse Regulation, as supplemented by Commission Delegated Regulation (EU)
2016/1052, and is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.