References is made to the stock exchange announcement by AKVA group ASA ("AKVA group" or the "Company") on 22 March 2024 where AKVA group announced that it had initiated a share buyback program for the repurchase of up to 200 000 shares.

On 13 August 2024, the Company has bought 2 128 shares at an weighted average price of NOK 68,80. Since the share buyback program was initiated on 22 March 2024, AKVA group has bought a total of 200 000 shares at an weighted average price of NOK 65,8733. A report of all the transactions relating to the buyback program, in a detailed and an aggregated form, is attached.

The Company has now completed its share buyback program. Following completion of the program, AKVA group owns 358 716 treasury shares, representing 0,9783% of the Company's total number of shares and votes. Shares purchased under the program will be used for the share-based incentive scheme for the Company's senior management.

All transactions in the share buyback program are made available on the Company's ticker on newsweb.

SpareBank 1 Markets AS has managed and executed the share buyback program on behalf of the Company.

This information is published in accordance with the EU Market Abuse Regulation article 5, as supplemented by Commission Delegated Regulation (EU) 2016/1052, and section 5-12 the Norwegian Securities Trading Act.

Dated: 13 August 2024
AKVA group ASA

Web: www.akvagroup.com

CONTACTS:

Knut Nesse                         Chief Executive Officer
Phone:                                  +47 51 77 85 00
Mobile:                                +47 91 37 62 20
E-mail:                                  knesse@akvagroup.com

Ronny Meinkøhn              Chief Financial Officer
Phone:                                  +47 51 77 85 00
Mobile:                                 +47 98 20 67 76
E-mail:                                  rmeinkohn@akvagroup.com