Reference is made to the stock exchange announcement from HAV Group ASA ("HAV"
or the "Company") of 24 May 2023 regarding the continuation of the repurchase
program of up to 7,000,000 own shares. The repurchase program is now completed.

The following repurchases have been made in accordance with the "safe harbor"
rules, which includes a limitation of 25% of the average daily volume traded in
the last 20 trading days:

Date              Volume          Average price          Total cost (NOK)

29.02.24          1.000           11,1000                       11.100,00
01.03.24          5.857           11,4241                       66.910,95
04.03.24          2.205           11,5567                       25.482,52
05.03.24          2.707           11,5962                       31.390,91
06.03.24          2.962           11,3850                       33.722,37
07.03.24          3.000           11,1667                       33.500,10
08.03.24          3.579           11,1796                       40.011,79

Total previously published repurchases under the program:
                
              4.491.464           12,3796                   55 602 491,49

Total repurchases under the program:
                
              4.512.774           12,3748                   55 844 610,13

A detailed overview of all completed transactions under the repurchase program
carried out during the above time period is attached hereto and available at
www.newsweb.no.

At present date, HAV owns 3.498.593 treasury shares in the Company,
corresponding to 9.996 % of HAV's share capital.

For further information, please contact:
Gunnar Larsen, CEO
Tel: +47 90 10 56 94
Email: gunnar.larsen@havgroup.no 
 
This information is published in accordance with the Market Abuse Regulation
(EU) 596/2014 Article 5, as supplemented by delegated Commission Regulation (EU)
2016/1052, and is subject to disclosure requirements in accordance with the
Securities Trading Act § 5-12.