Saga Pure ASA - Investment in S.D. Standard ETC - adjustment of mandatory offer obligation

05 Mar 2025 16:52 CET

(Oslo, 5 March 2025) Saga Pure ASA ("Saga Pure") has today acquired 18,878,157
shares in S.D. Standard ETC Plc ("SDSD"), with the highest share price being NOK
1.83.

Saga Pure is a related party to Ferncliff Listed DAI AS ("Ferncliff Listed
DAI"), the largest shareholder of SDSD, as Øystein Stray Spetalen is both the
sole owner of Ferncliff Listed DAI and a board member of Saga Pure.

The shares have been acquired at an average share price of NOK 1.807, with the
highest share price being NOK 1.83. Consequently, the price per share under the
mandatory offer obligation of Saga Pure, as announced March 4, will be increased
to NOK 1.83.

Following the acquisition, Saga Pure and Ferncliff Listed DAI hold a total of
189,796,266 shares in SDSD, where Saga Pure holds 33,878,157 shares and
Ferncliff Listed DAI holds 155,918,109 shares, corresponding to a consolidated
ownership of approximately 36.2% of the total outstanding shares in SDSD.

For further information, please contact:

Espen Lundaas, CEO, +47 924 31 417

Tore Jakob Berg, CFO, +47 934 80 202

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to section 5-12 of the Norwegian Securities Trading Act. This stock exchange
announcement was published by Tore Jakob Berg, CFO, at the time and date
provided.

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