Ultimovacs ASA: Mandatory notification of trade by primary insider

29 Nov 2022 17:00 CET

Oslo, 29 November 2022, a closely related party of Carlos de Sousa, Chief
Executive Officer and primary insider in Ultimovacs ASA, has today bought 1,500
shares in the company at an average price of NOK 96.7058 per share. Following
this transaction, Carlos de Sousa and closely related parties hold 21,556 shares
and 416,035 share options in Ultimovacs ASA.

This information is subject to the disclosure requirements pursuant to the
Market Abuse Regulation article 19 and section 5-12 of the Norwegian Securities
Trading Act.

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576959_20221129 - Ultimovacs Notification of trade - CDS KRT-1500.pdf