Valen, 3 October 2024: Reference is made to the stock exchange announcement by
Eqva ASA (the "Company") on 3 October 2024 (the "Announcement") regarding a
successfully completed private placement of 3,125,000 new shares in the Company
(the Offer Shares") at a subscription price of NOK 4.80 (the "Private
Placement"). The Company has engaged Clarksons Securities AS and Fearnley
Securities AS as joint managers and bookrunners (the "Managers") of the Private
Placement. 

Mandatory notification of trades: 
The following primary insiders in the Company and close associates of primary
insiders were allocated Offer Shares in the Private Placement at the Offer Price
as follows: Nintor AS (close associate of Tore Thorkildsen, board member of the
Company) was allocated 260,416 Offer Shares, Neve Eiendom AS (close associate of
Even Matre Ellingsen, the Company's CEO) was allocated 104,166 Offer Shares,
South Valley Invest AS (close associate of Petter Sørdahl, the Company's CFO)
was allocated 41,666 Offer Shares. In addition, certain other new and existing
shareholders were allocated Offer Shares as follows: MCE Holding AS was
allocated 710,840 Offer Shares, ILG AS was allocated 260,416 Offer Shares, Wieco
AS was allocated 416,666 Offer Shares and MP Pensjon was allocated 250,000 Offer
Shares.   

Disclosure of share lending: 
To facilitate delivery-versus-payment settlement to investors in the Private
Placement, Nintor AS has lent existing shares to the Managers pursuant to a
share lending agreement as further detailed in the Announcement.

Prior to completion of the Private Placement, Nintor AS held 8,469,323 shares in
the Company (representing approximately 11.8% of the issued share capital and
votes). Nintor AS has lent a total of 3,125,000 existing shares to the Managers
(of which 3,125,000 shares will be delivered to investors in the Private
Placement) under the share lending agreement. During the term of the share loan,
and prior to the redelivery, Nintor AS' shareholding in the Company will be
reduced to 5,604,739 shares (with reference to the allocated shares as set out
above), equivalent to approximately 7.8% of the issued share capital and votes.
Consequently, Nintor AS has fallen below the 10% threshold pursuant to section
4-2 (1) and (3) of the Norwegian Securities Trading Act, and will cross above
the 10% threshold upon redelivery. 

The Board has resolved to issue the 3,125,000 Offer Shares in the Private
Placement pursuant to the authorisation granted by the Company's annual general
meeting held on 27 June 2024, all of which will be subscribed by the Managers
and, once issued, delivered to Nintor AS as settlement of shares borrowed from
and allocated to Nintor AS in relation to settlement of the Private Placement.

Primary insider notification pursuant to the Market Abuse Regulation article 19
is attached. 

This information is subject to the disclosure requirements pursuant to
Regulation EU 596/2014 (MAR) article 19 and the Norwegian Securities Trading Act
section 5-12.