SAGA - Saga Pure ASA - New mandatory offer document approved

10 Apr 2025 16:52 CEST

Reference is made to the stock exchange notice dated 9 April 2025 regarding the
incorrect price in the mandatory offer to acquire the shares in Saga Pure ASA
made by Tycoon Industrier AS as set out in the offer document dated 8 April
2025.

Finanstilsynet, in capacity as takeover supervisory authority, has today
reversed the approval of the offer set out in the offer document dated 8 April
2025, and approved the new offer set out in the offer document dated 10 April
2025 in respect of:

Mandatory offer to acquire the shares in Saga Pure ASA made by Tycoon Industrier
AS

Offer price: NOK 1.33 per share in cash

Offer period: From and including 11 April 2025 to 16:30 hours (CEST) on 9 May
2025 (subject to extension)

Receiving agent: DNB Markets, a part of DNB Bank ASA

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