Transactions carried out under the buy-back program

21 Oct 2024 12:52 CEST

21.10.2024 12:52:02 CEST | Nekkar ASA | Acquisition or disposal of the issuer's
own shares

On June 7th Nekkar announced its decision to renew the share buy-back program.
The share buy-back program is executed in accordance with the authorization
granted to the Board of Directors by the Annual General Meeting of Nekkar held
on May 30, 2024. The program will be used for corporate purposes in accordance
with the above-mentioned authorization. The share buy-back program covers
purchase of up to 10,742,711 shares, and the maximum amount of the program is
NOK 100 million. The renewed program commenced on June 7th and is planned
finalized within May 30th, 2025 at the latest.

The share buy-back program is managed by Pareto Securities, which makes its
trading decisions regarding the timing of the share repurchases independently
of, without influence by, and without access to sensitive information
concerning, Nekkar.

During week 42 of 2024, Nekkar purchased 316,390 own shares at an average price
of NOK 9.5289 per share. Following this, the previous share buy-back program and
use in the previously announced employee share program, Nekkar holds a total of
4,083,550 own shares, corresponding to 3.801 percent of the shares in the
company.

Below is a more detailed overview of the transactions carried out under the
renewed buy-back program.

Date | Number of shares | Average price (NOK) | Total transaction
| | | value (NOK)
--------------------------------------------------------------------------------
14/10/2024 | 79,900 | 9.5962 | 766,736.38
--------------------------------------------------------------------------------
15/10/2024 | 83,200 | 9.5154 | 791,681.28
--------------------------------------------------------------------------------
16/10/2024 | 66,000 | 9.4731 | 625,224.60
--------------------------------------------------------------------------------
17/10/2024 | 75,000 | 9.5271 | 714,532.50
--------------------------------------------------------------------------------
18/10/2024 | 12,290 | 9.4930 | 116,668.97
--------------------------------------------------------------------------------
Previously | 1,700,539 | 10.3782 | 17,648,497.52
announced buy-backs | | |
under the program | | |
--------------------------------------------------------------------------------
Total buy-back made | 2,016,929 | 10.2450 | 20,663,341.25
under the program | | |

Appendix: For a comprehensive overview of all transactions conducted under the
buy-back program during the beforementioned time frame, we have attached an
appendix to this report

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.

CONTACTS

* Marianne Voreland Ottosen, Head of finance, Nekkar ASA, +4740202593,
mvo@nekkar.com

ABOUT NEKKAR ASA

Nekkar (OSE: NKR) is an industrial technology group offering impact technologies
combined with high-end software solutions. The group combines 50 years' heritage
from the world's number one shiplift company, Syncrolift, with new investments
into sustainable, digitalised technology businesses that aim to unlock growth
within ocean-based industries such as offshore energy, renewables and
aquaculture.

ATTACHMENTS

NKR buy back 14102024.pdf -
https://kommunikasjon.ntb.no/ir-files/17847326/18289309/5135/NKR%20buy%20back%20
14102024.pdf

More information:
Access the news on Oslo Bors NewsWeb site

629973_NKR buy back 14102024.pdf