Hunter Group ASA - Registration of share capital reduction

03 Nov 2022 16:05 CET

Oslo, 3 November 2022

Reference is made to Hunter Group ASA's (the "Company") extraordinary general
meeting of 19 September 2022, item 5, regarding reduction of the share capital
from NOK 719,202,516.29 by NOK 718,102,516.29 to NOK 1,100,000. The share
capital reduction has today been registered with the Norwegian Register of
Business Enterprises, and the Company's new registered share capital is NOK
1,100,000, divided into 575,362,013 shares, each with a nominal value of approx.
NOK 0.002.

On this basis, the cash distribution process of NOK 1.50 has been initiated in
accordance with the announcement of 25 August 2022 (message ID 569730).

For further information, please contact:

Lars M. Brynildsrud, CFO, lb@huntergroup.no, Ph.: +47 932 60 882

This information is subject to the disclose requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

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