1.12.2025 14:35:36 CET | Nekkar ASA | Mandatory notification of trade primary
insiders

The Board of Directors of Nekkar ASA (the "Company") has today resolved to sell
779,349 treasury shares pursuant to the Company's share incentive program for
employees and board members.

Each share is sold at a price of NOK 7.851 per share, corresponding to the
volume-weighted five-day average trading price of the share during the period
24-28 November 2025, less a 30% discount., The shares are subject to customary
conditions, including a two-year lock-up period on all shares and continued
employment during the lock-up period.

Certain primary insiders have participated in the program and have acquired a
total of 265,160 shares. The number of shares purchased by each primary insider,
together with their new total shareholding following the transaction, is as
follows:

 * Ole Falk Hansen - acquires 80,505 shares and will hold 418,866 shares in
   total
 * Petter Brøvig - acquires 24,027 shares and will hold 130,061shares in total
 * Marianne Voreland Ottosen - acquires 31,842 shares and will hold 92,860
   shares in total
 * Mette Harv - acquires 19,381 shares and will hold 304,172 shares in total
 * Bjørn-Erik Dale - acquires 48,334 shares and will hold 48,334 shares in total
 * Lars Carl Fabian Qvist - acquires 48,334 shares and will hold 591,769 shares
   in total
 * Trine Ingebjørg Ulla - acquires 12,737 shares and will hold 12,737 shares in
   total

Further details are provided in the attached notifications of transactions
(KRT-1500 forms).

The shares sold are treasury shares held by the Company pursuant to the
authorization granted by the Annual General Meeting on 30 May 2025, which
authorized the Company to acquire and hold its own shares.

DISCLOSURE REGULATION

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

CONTACTS

 * Ole Falk Hansen, CEO, +47 988 14 184, ir@nekkar.com 

ABOUT NEKKAR ASA

Nekkar (OSE: NKR) is an industrial long-term owner of ocean-based technology
companies. The company invests in and develops technology businesses within
sustainable oceans, robotics and intelligent logistics, and digital solutions.
With a 50-year industrial heritage from Syncrolift, Nekkar applies an active
buy-to-own strategy to build long-term value. The group supports empowered
operating companies with a strong balance sheet and reinvests strategically to
ensure profitability and sustainable growth. As a publicly listed company,
Nekkar has a proven track record of shareholder value creation through
disciplined M&A, financial management, and capital allocation.

ATTACHMENTS

KRT-1500_FabianQvist.pdf -
https://kommunikasjon.ntb.no/ir-files/17847326/18736041/6603/KRT-1500_FabianQvis
t.pdf

KRT-1500_OleFalkHansen.pdf -
https://kommunikasjon.ntb.no/ir-files/17847326/18736041/6604/KRT-1500_OleFalkHan
sen.pdf

KRT-1500_Petter Brovig.pdf -
https://kommunikasjon.ntb.no/ir-files/17847326/18736041/6605/KRT-1500_Petter%20B
rovig.pdf

KRT-1500_MarianneOttosen.pdf -
https://kommunikasjon.ntb.no/ir-files/17847326/18736041/6607/KRT-1500_MarianneOt
tosen.pdf

KRT-1500_MetteHarv.pdf -
https://kommunikasjon.ntb.no/ir-files/17847326/18736041/6608/KRT-1500_MetteHarv.
pdf

KRT-1500_TrineUlla.pdf -
https://kommunikasjon.ntb.no/ir-files/17847326/18736041/6609/KRT-1500_TrineUlla.
pdf

KRT-1500_Bjorn-ErikDale.pdf -
https://kommunikasjon.ntb.no/ir-files/17847326/18736041/6610/KRT-1500_Bjorn-Erik
Dale.pdf