Hunter Group ASA- Management update

16 Feb 2023 12:12 CET

Oslo, 16 February 2023

Reference is made to the stock exchange release published at 12:08 CET on 16
February 2023 (message ID: 582661). The proposed NOK 0.04 dividend was today
rejected at the extraordinary general meeting by a group of the Company's
largest shareholders. The group is of the opinion that it is in the Company's
best interest to retain the capital and apply it towards future investments. The
retained capital should accelerate ongoing negotiations and consequently project
execution, and leave the Company sufficiently capitalized for the foreseeable
future. The Company is currently working diligently with several projects and
will inform the market further as soon as possible.

Contact:

Erik A.S. Frydendal, CEO, Ph. +47 957 72 947 E-mail: ef@huntergroup.no

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

This stock exchange announcement is made pursuant to section 5-9 of the
Norwegian Securities Trading Act.

More information:
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