EG INFORMS CARASENT IT WILL NOT MAKE CONTEMPLATED TAKE-OVER OFFER

04 Jul 2024 21:40 CEST

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED
STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE
UNLAWFUL.

Carasent ASA ("Carasent") refers to the stock exchange release from EG A/S
("EG") on 29 April 2024 regarding EG's contemplating to make a cash tender
offer for all shares in Carasent at NOK 20 per share and Carasent's comments
in the subsequent stock exchange releases on the same day and on 3 May 2024.
As Carasent communicated in those releases, such an offer would in the view of
the board of directors of Carasent, (i) represent a significantly lower value
to the shareholders of Carasent inherent in Carasent's business plan on a
stand-alone basis and (ii) be unlikely to succeed based on communications with
shareholders.

EG has on 4 July 2024 after close of trading on Oslo Børs informed Carasent
that it has decided not to proceed with the making of any offer.

Carasent will make no further comments in relation to the interest shown by
EG.

This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR Article 19 no. 3. The information was submitted for publication
at 2024-07-04 21:40 CEST.

More information:
Access the news on Oslo Bors NewsWeb site

623100_EG INFORMS CARASENT IT WILL NOT MAKE CONTEMPLATED TAKE-OVER OFFER.pdf