Oslo Børs has taken the decision to place Elop AS in the Penalty Bench, cf.
section 3.8.3 (1) of the Euronext Growth Oslo Rulebook II. Elop AS is placed in
Penalty Bench due to failure to comply with Euronext Growth Oslo Rulebook II
section 3.12.2 - public disclosure of the annual report with effect from
02.06.22. Penalty Bench is a special compartment where the securities of Issuers
that does not comply with the Rules are placed. Oslo Børs will remove a security
from the Penalty Bench and allocate the security to the normal compartment when
the issuer has corrected the violation of the Rules that was the reason for
allocating the security to the Penalty Bench.