16.6.2025 19:30:00 CEST | Magnora ASA | Additional regulated information
required to be disclosed under the laws of a member state

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY IN UNITED STATES,
CANADA, AUSTRALIA, JAPAN OR ANY JURISDICTION IN WHICH THE DISTRIBUTION OR
RELEASE WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER MEASURES.

Magnora ASA ("Magnora") has today completed the sale of its remaining 4,025,621
shares in Hermana Holding ASA ("Hermana"), representing approximately 30% of the
outstanding shares in Hermana at a fixed price of NOK 10 per share (the
"Transaction").

The Transaction was facilitated through a bookbuilding process directed at
Magnora's shareholders as shown in the VPS register at 08:00 on 16 June 2025.
The offering was oversubscribed and allocations were made in accordance with the
allocation principles outlined in the launch announcement dated 16 June 2025.

Following the Transaction, Magnora no longer holds any shares in Hermana Holding
ASA.

SEB acted as sole bookrunner in connection with the Transaction.

The disclosures set out in this announcement are subject to the disclosure
requirements pursuant to article 19 of the EU Market Abuse Regulation and
sections 4-2 and 5-12 of the Norwegian Securities Trading Act.

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 
 * Torstein Sanness, Chairman of the Board, email: sanness at sf-nett.no 

ABOUT MAGNORA ASA

Magnora ASA (OSE: MGN) is a renewable-energy group developing wind, solar and
battery storage projects. Magnora has operations in Europe and Africa through
the portfolio companies Hafslund 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, and a financial ownership in Hermana
Holding. 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/17847805/18566062/6204/Download%20announce
ment%20as%20PDF.pdf