NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED
STATES, CANADA, AUSTRALIA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE
PEOPLE'S REPUBLIC OF CHINA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE
DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE.
PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT

(Arendal, Norway / Sherbrooke QC, Canada - 13 November 2025)

Reference is made to the stock exchange announcement by Tekna Holding ASA (the
"Company") on 22 October 2025 and 12 November 2025 regarding the fully
underwritten rights issue of 100,000,000 new shares (the "Offer Shares") in the
Company at a subscription price of NOK 3.00 per new share (the "Subscription
Price") raising gross proceeds of NOK 300 million (the "Rights Issue"). The
Company simultaneously sent notice of an extraordinary general meeting in the
Company to be held on 13 November 2025 (the "EGM") to approve the Rights Issue,
as well as a proposal to decrease the share capital by reducing the nominal
value of the shares.

The EGM has today approved all items as proposed by the board of directors,
including the Rights Issue and the share capital reduction. The EGM thereby
resolved that the Company' share capital shall be increased by NOK 115,000,000
by issue of 100,000,000 new shares, each with a nominal value of NOK 1.15. The
minutes from the EGM are attached to this announcement. 

Eligible Shareholders
The Rights Issue will be directed towards shareholders of the Company as of 13
November 2025, as registered in the VPS on 17 November 2025 (the "Record Date"),
who are not resident in a jurisdiction where such offering would be unlawful or
would (in jurisdictions other than Norway) require any prospectus, filing,
registration or similar action (the "Eligible Shareholders"). Each Eligible
Shareholder will be granted approximately 0.7845 transferable subscription
rights ("Subscription Rights") for every existing share registered as held by
such Eligible Shareholder in the VPS as of the Record Date, rounded down to the
nearest whole Subscription Right. Each Subscription Right gives, subject to
applicable law, the right to subscribe for, and be allocated, one (1) new share
in the Offering at the Subscription Price. Over-subscription and subscription
without subscription rights will be permitted. 

Subscription Period and trading of Subscription Rights
The subscription period in the Rights Issue is expected to commence on 18
November 2025 at 09:00 hours (CET) and expire on 2 December 2025 at 16:30 hours
(CET) (the "Subscription Period"), subject to the timely approval and
publication of the Prospectus. Further information regarding the Rights Issue,
including subscription procedures, will be set out in the Prospectus which will
be made available at the Manager's website ahead of the Subscription Period.

Subscription Rights that are not used to subscribe for Offer Shares before the
expiry of the Subscription Period on 2 December 2025 at 16:30 (CET) or not sold
before 16:30 (CEST) on 26 November 2025, will have no value and will lapse
without compensation to the holder upon expiry of the Subscription Period.

The Subscription Rights are expected to have an economic value if the Company's
shares trade above the Subscription Price during the Subscription Period.

Underwriter
As previously announced, the Company's largest shareholder Arendals Fossekompani
ASA, has agreed to guarantee the subscription of the full amount of Offer Shares
to ensure that the Rights Issue is fully subscribed. No underwriting commission
will be paid for the underwriting.

Allocation, payment and delivery of Offer Shares
Allocation of the new shares in the Rights Issue is expected to take place on or
about 3 December pursuant to the following allocation principles:

a)	First, new shares will be allocated in accordance to subscribers who have
validly exercised subscription rights during the subscription period