3.6.2024 12:30:18 CEST | Nekkar ASA | Acquisition or disposal of the issuer's
own shares

On August 29th Nekkar announced its decision to initiate a share buy-back
program. The share buy-back program has been executed in accordance with the
authorization granted to the Board of Directors by the Annual General Meeting of
Nekkar held on May 30, 2023. The program has and will be used for corporate
purposes in accordance with the above-mentioned authorization. The share
buy-back program covers purchase of up to 10,742,711 shares, and the maximum
amount of the program was NOK 80 million. The share buy-back program commenced
on August 31st, 2023, and concluded on May 29th, 2024, when the authorization
expired at the Annual General Meeting held on May 30, 2024. During this meeting,
the Board of Directors received a new authorization to buy back shares up to 10%
of the face value of the company's share capital. Until the new Board of
Directors convenes, the share buy-back program will be on hold. 

The share buy-back program has been managed by Pareto Securities, which has made
its trading decisions regarding the timing of the share repurchases
independently of, without influence by, and without access to sensitive
information concerning, Nekkar.

During week 22 of 2024, Nekkar purchased 19,865 own shares at an average price
of NOK 9.2207 per share. Following this and subsequent use in the previously
announced employee share program, Nekkar holds a total of 2,066,621 own shares,
corresponding to 1.924 percent of the shares in the company.

Below is a more detailed overview of the transactions carried out under the
buy-back program.



Date                | Number of shares | Average price (NOK) | Total transaction
                    |                  |                     | value (NOK)      
--------------------------------------------------------------------------------
27/05/2024          | 4,194            | 9.2105              | 38,628.84        
--------------------------------------------------------------------------------
28/05/2024          | 6,671            | 9.2640              | 61,800.14        
--------------------------------------------------------------------------------
29/05/2024          | 9,000            | 9.1933              | 82,739.70        
--------------------------------------------------------------------------------
Previously          | 2,725,474        | 8.99592             | 24,518,134.98    
announced buy-backs |                  |                     |                  
under the program   |                  |                     |                  
--------------------------------------------------------------------------------
Total buy-back made | 2,745,339        | 8.99754             | 24,701,303.66    
under the program   |                  |                     |                  

Appendix: For a comprehensive overview of all transactions conducted under the
buy-back program during the beforementioned time frame, we have attached an
appendix to this report

DISCLOSURE REGULATION

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

CONTACTS

 * Marianne Voreland Ottosen, Head of finance, Nekkar ASA, +4740202593,
   mvo@nekkar.com 

ABOUT NEKKAR ASA

Nekkar (OSE: NKR) is an industrial technology group offering impact technologies
combined with high-end software solutions. The group combines 50 years' heritage
from the world's number one shiplift company, Syncrolift, with new investments
into sustainable, digitalised technology businesses that aim to unlock growth
within ocean-based industries such as offshore energy, renewables and
aquaculture.

ATTACHMENTS

NKR buy back 03062024.pdf -
https://kommunikasjon.ntb.no/ir-files/17847326/3175/4602/NKR%20buy%20back%200306
2024.pdf