17.7.2025 16:53:11 CEST | Magnora ASA | Additional regulated information
required to be disclosed under the laws of a member state

On 17 July 2025, Magnora's Board of Directors approved a payment of NOK 0.187
per share.

The cash distribution is a regular quarterly dividend in the form of repayment
of paid-in capital in excess of the par value of the Magnora share. The level is
the same as in previous quarters.

The table below sets out the key dates for the payment.

Amount per share         | NOK 0.187   
---------------------------------------
Last day including right | 21 July 2025
---------------------------------------
Ex-date                  | 22 July 2025
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Record date              | 23 July 2025
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Payment date             | 28 July 2025

The decision is based on the authorisation by the Annual General Meeting held on
29 April 2025 to the Board of Directors to resolve dividends.

Magnora's substantial cash reserve and loan facilities remain sufficient to
invest in new growth opportunities and continue to grow the business
organically. 

Financial strategy and dividend policy: 
Magnora allocates capital to where the company expects a return well above the
cost of capital. The capital structure is normally all equity based with
substantial cash. Taking into account the need for growth capital and expected
future cash flows, excess capital will normally be returned to the shareholders
through dividend, repayment of paid-in capital or share buybacks with subsequent
cancelling of shares. Such excess capital may include received earn-out payments
related to past project sales, which upon receipt may lead to extraordinary
dividend or capital return.

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 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 earnout 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/17847805/18594503/6312/Download%20announce
ment%20as%20PDF.pdf