NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, INTO OR WITHIN THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR ANY
OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.


22 January 2024: Reference is made to the announcement made on 22 December 2023
by Ferd AS and Tjaldur Holdco II AS, acting through Minerva Topco AS (the
"Minerva"), regarding the completion of Minerva's tender cash offer to acquire
all outstanding shares ("Shares") of Mintra Holding AS ("Mintra" or the
"Company"), not already owned by Ferd AS and Tjaldur Holdco II AS or to which
Minerva was otherwise entitled (the "Offer"). Upon completion of the Offer, and
the contribution of Shares to Minerva as further detailed in the announcement of
22 December 2023, Minerva held 188,947,672 Shares, representing ~84.4% of the
outstanding Shares and votes in the Company.

Minerva is a close associate of Rúni M. Hansen (chair) and Nils Jegstad (member)
of the board of directors of Mintra.

Following completion of the Offer, Minerva has retained Nordea Bank Abp, filial
i Norge, and Pareto Securities AS (together, the "Managers") to explore a
potential block purchase of Shares (the "Block Purchase"). Based on a
pre-sounding with certain investors, the price per Share in the Block Purchase
has been set to NOK 4.00 per Share (the "Purchase Price"). 

In connection with the Block Purchase, Minerva has on 22 January 2024 acquired
8,322,689 Shares at the Purchase Price. Following the Block Purchase, Minerva
owns 197,270,361 Shares, corresponding to ~88.12% of the Shares and votes of
Mintra. 

In addition, certain shareholders of the Company have, subject to inter alia
Minerva obtaining an ownership of more than 90% of the Shares and votes of
Mintra (unless waived by Minerva at its sole discretion), undertaken to
contribute a total of 4,454,088 Shares to Minerva, in exchange for shares in
Minerva, valued at the Purchase Price (the "Share Contributions"). 

Following completion of the Block Purchase and the Share Contributions, Minerva
will own 201,724,449 Shares, corresponding to ~90.11% of the Shares and votes of
Mintra. Consequently, Minerva will obtain an ownership of more than 90% of the
Shares and votes and is expected to resolve a compulsory acquisition of the
remaining Shares. Subsequently, an extraordinary general meeting of Mintra is
expected to resolve to apply for a delisting of the Shares from Euronext Growth
Oslo. Further announcements will be made in due course.


Please see the attached form for further details about the transactions.


INTEREST FOR ADDITIONAL SHARE PURCHASES

Shareholders of Mintra that may be interested in selling their Shares at the
Purchase Price may contact Nordea Bank Abp, filial i Norge or Pareto Securities
AS:

     Nordea Bank Abp, filial i Norge: +47 22 48 77 05
     Pareto Securities AS: +47 22 87 87 50 


* * *

For further queries, please contact:

     Gustav Martinsen, Chairman, Minerva Topco AS, +47 957 39 240    
     Nils Jegstad, Board member, Minerva Topco AS, +47 971 34 058


* * *

This information is subject to the disclosure requirements in Regulation EU
596/2014 (MAR) article 19 number 3, section 4.3.1 of the Euronext Growth Markets
Rule Book Part I and section 5-12 of the Norwegian Securities Trading Act.


IMPORTANT NOTICE

The distribution of this announcement may be restricted by law in certain
jurisdictions, and will not and may not be distributed, forwarded or transmitted
into or within any jurisdiction where prohibited by applicable law, including,
without limitation, Canada, Australia, New Zealand, South Africa, Hong Kong and
Japan. Minerva does not assume any responsibility in the event there is a
violation by any person of such restrictions. Persons into whose possession this
announcement should come are required to inform themselves about and to observe
any such restrictions.

U.S. Holders (as defined below) are advised that the Shares are not listed on a
U.S. securities exchange and that the Company is not subject to the periodic
reporting requirements of the U.S. Securities Exchange Act of 1934, as amended
(the "U.S. Exchange Act"), and is not required to, and does not, file any
reports with the U.S. Securities and Exchange Commission (the "SEC") thereunder.

The Managers are acting as financial advisor to Minerva and no one else in
connection with this announcement and neither of them will regard any other
person as its client in relation to this announcement or be responsible to
anyone other than Minerva for providing the protection afforded to its clients,
nor for providing advice in relation to this announcement.