Correction: Selvaag Bolig ASA: Buyback of own shares for employee share purchase programmes

02 Dec 2024 09:49 CET

Corrected name of broker to ABG Sundal Collier (English version only)

The buyback covers the repurchase of up to 22 000 shares, corresponding to
0.024 per cent of the shares in Selvaag Bolig ASA. Shares bought back will be
utilised for the company's incentive programmes for employees.

The buyback will start on 2 December 2024 and will be completed by 13 December
2024. Buying will take place in tranches, with daily purchases limited to a
maximum of 25 per cent of the average daily volume traded.

The company will report its purchases every seventh day until 13 December 2024
or until the volume of 22 000 shares has been bought.

The buyback accords with the mandate provided by the company's annual general
meeting in April 2024.

Shares acquired will be transferred to participants in the programmes in
December 2024. Those not allocated will be utilised in later rounds of the
share programmes.

Selvaag Bolig ASA has commissioned ABG Sundal Collier to implement the
buybacks.

The share buyback program is carried out in accordance with the Market Abuse
Regulation (EU) No 596/2014 ("MAR") and Commission Delegated Regulation (EU)
No 2016/1052 ("Safe Harbour Regulation").

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About Us
Selvaag Bolig ASA is a residential development company that manages the entire
value chain from acquisition of land to completed residential and urban areas.
The company represents a continuation of Selvaag's 75-year history and
experience and has several thousand homes under development in growth areas in
and around the largest cities in Norway and Sweden. Selvaag Bolig offers a
broad variety of housing types, including the lifestyle concept Selvaag
Pluss®, which features homes with shared spaces and services.
www.selvaagboligasa.no/en

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This release was distributed by Kristoffer Gregersen, EVP communications and
sustainability, Selvaag Bolig ASA.

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For further information:
Sverre Molvik, CEO
Telephone: +47 40 10 05 85, e-mail: smo@selvaagbolig.no

Christopher Brunvoll, CFO
Telephone: +47 98 82 92 22, e-mail: chbr@selvaagbolig.no
(mailto:chrb@selvaagbolig.no)

Kristoffer Gregersen, EVP communications, sustainability and corporate
strategy
Telephone: +47 95 77 55 93, e-mail: kgr@selvaagbolig.no

This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR Article 17. The information was submitted for publication at
2024-12-02 09:49 CET.

More information:
Access the news on Oslo Bors NewsWeb site

633625_Selvaag Bolig ASA- Buyback of own shares for employee share purchase programmes.pdf