AKVA group ASA: Intragroup merger with AKVA group Software AS and Polarcirkel AS

26 Sep 2024 08:30 CEST

Klepp, 26 September 2024:

The boards of directors of AKVA group ASA (AKVA) and its wholly owned
subsidiaries AKVA group Software AS and Polarcirkel AS have today entered into
merger plans for the mergers of AKVA group Software AS and Polarcirkel AS (both
as the non-surviving entities) with AKVA (as the surviving entity). The purpose
of the mergers is to simplify the corporate structure in the group.

At completion of the mergers, AKVA will acquire all assets, rights and
liabilities of AKVA group Software AS and Polarcirkel AS and at the same time,
AKVA group Software AS and Polarcirkel AS will be finally dissolved and deleted
as legal entities.

The mergers are carried out in accordance with the simplified merger procedure
for parent/subsidiary mergers set out in section 13-24 of the Norwegian Public
Limited Liability Companies Act.

AKVA will today send the enclosed information letter on the mergers to its
shareholders. The merger plans and the companies' annual accounts, annual
reports and auditor's report for the last three financial years will be
available at AKVA's webpage: https://www.akvagroup.com/investors/financial-
info/other-presentations-reports/

This information is subject to the disclosure requirements pursuant to sections
4.2.4 and 4.6.1 of Oslo Rule Book II - Issuer Rules, cf. section 5-12 of the
Norwegian Securities Trading Act.

AKVA group ASA
Web: www.akvagroup.com

CONTACTS:
Ronny Meinkøhn
Chief Financial Officer

Phone:           +47 51 77 85 00
Mobile:          +47 98 20 67 76
E-mail:          rmeinkohn@akvagroup.com

More information:
Access the news on Oslo Bors NewsWeb site

628561_AKVA group ASA - Letter to shareholders.pdf