Magnora ASA: Repurchase of shares

22.6.2026 07:00:02 CEST | Magnora ASA | Acquisition or disposal of the issuer's
own shares

Magnora ASA has on 16, 17, 18, and 19 June 2026 bought a total of 440,000 shares
in Magnora ASA at an average price of NOK 23.3262 per share.

The transactions are detailed in the table below:

Date               | Number of shares | Average share price | Transaction value
                   |                  | (NOK)               | (NOK)            
-------------------------------------------------------------------------------
16/06/26           | 90,000           | 23.2356             | 2,091,208        
-------------------------------------------------------------------------------
17/06/26           | 100,000          | 23.3260             | 2,332,597        
-------------------------------------------------------------------------------
18/06/26           | 150,000          | 23.2728             | 3,490,918        
-------------------------------------------------------------------------------
19/06/26           | 100,000          | 23.4882             | 2,348,822        
-------------------------------------------------------------------------------
Total current week | 440,000          | 23.3262             | 10,263,546       
-------------------------------------------------------------------------------
Total previously   | 97,227           | 23.5647             | 2,291,127        
announced          |                  |                     |                  
transactions under |                  |                     |                  
the program:       |                  |                     |                  
-------------------------------------------------------------------------------
Total transactions | 537,227          | 23.3694             | 12,554,672       
under the program: |                  |                     |                  

 Magnora ASA now holds 641,850 of own shares after this trade, which represents
0.9 percent of total shares outstanding.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

CONTACTS

 * Erik Sneve, CEO, email: es at magnoraasa.com 

ABOUT MAGNORA ASA

Magnora ASA (OSE: MGN) is a developer of data center, wind, solar, and battery
projects, as well as a data center operator. Magnora has operations in Europe
and Africa through the portfolio companies Magnora Data Center ASA, Helios
Magnora Sol AS, Magnora Offshore Wind AS, Magnora Germany, Magnora Italy Srl.,
Magnora Solar PV UK, Magnora South Africa, and AGV. Magnora also has earn-out
revenues related to the former portfolio companies Helios Nordic Energy and
Evolar. Magnora is listed on the main list of the Oslo Stock Exchange under the
ticker MGN.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847805/18962726/12541/Download%20announc
ement%20as%20PDF.pdf

Magnora ASA Trade file details week 25.pdf -
https://kommunikasjon.ntb.no/ir-files/17847805/18962726/12508/Magnora%20ASA%20Tr
ade%20file%20details%20week%2025.pdf
sjon.ntb.no/ir-files/17847805/18962726/12508/Magnora%20ASA%20Tr\
ade%20file%20details%20week%2025.pdf\