Saga Pure ASA - Mandatory notification of trades - Acceptances under Mandatory Offer

02 May 2025 20:00 CEST

Reference is made to the stock exchange notice dated 11 April 2025 regarding the
commencement of the acceptance period for the mandatory offer by Tycoon
Industrier AS ("Tycoon" or the "Offeror") for shares in Saga Pure ASA ("Saga
Pure" or the "Company") not owned by the Offeror, at an offer price of NOK 1.33
per share in Saga Pure (the "Offer Price") (the "Mandatory Offer").

The Offeror is a close associate of the Company's Board Member Øystein Stray
Spetalen and is therefore required to disclose acceptances received under the
Mandatory Offer on an ongoing basis.

Hanekamb Invest AS, a company controlled by Chairman Martin Nes, have accepted
the mandatory offer for all the 2,300,000 shares owned by Hanekamb Invest AS.

Please see the attached notifications of trading for information on acceptances
received by the Offeror on 2 May 2025.

For further information, please contact:

Espen Lundaas, CEO, +47 924 31 417

Tore Jakob Berg, CFO, +47 934 80 202

This information is subject to the disclosure requirements under the EU Market
Abuse Regulation art. 19 and Section 5-12 of the Norwegian Securities Trading
Act.

More information:
Access the news on Oslo Bors NewsWeb site

645210_250502_2_Notification_form_Acceptances_under_Mandatory_offer.pdf
645210_250502_1_Notification_form_Acceptances_under_Mandatory_offer.pdf