Akastor ASA: Mandatory notification of trade

12 Dec 2022 16:54 CET

Luis Araujo, director on the board of Akastor ASA (OSE: AKAST), has today sold
25,757 shares at an average price of NOK 8.80 per share. The sale is associated
with Mr. Araujo moving from Norway to Portugal. Following the transaction, Mr.
Araujo no longer owns any shares in Akastor.

The shares were sold on the Oslo Stock Exchange.

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

For further information, please contact:

Øyvind Paaske

Chief Financial Officer

Tel: +47 917 59 705

E-mail: oyvind.paaske@akastor.com

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About Akastor

Akastor is a Norway-based oil-services investment company with a portfolio of
industrial holdings and other investments. The company has a flexible mandate
for active ownership and long-term value creation.

For further information, please visit homepage: https://akastor.com/

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