Reference is made to the stock exchange announcement from HAV Group ASA ("HAV"
or the "Company") of 26 November 2021 regarding the initiation of a repurchase
program of up to 3,500,000 own shares. The repurchase program can be implemented
in the period up to 30 May 2022.

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)
20.04.22       10.450       16,6898             174.408,41
21.04.22       10.025       16,7000             167.417,50
22.04.22       10.250       15,6000             159.900,00
25.04.22       10.000       15,8000             158.000,00
26.04.22        9.625       15,2400             146.685,00
27.04.22        9.550       16,0430             153.210,65
28.04.22        8.325       15,9971             133.175,86
                   
Total previously published repurchases under the program:

            1.269.541       15,3291          19.460.957,06 
        
Total repurchases under the program:

            1.337.766       15,3642           20.553.754,48 
        
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.

Following the completion of the above transactions, HAV owns 1.337.766 own
shares in the Company, corresponding to 3,82% 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.