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

08 May 2025 16:50 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.

El Investment AS, a company controlled by CEO in Saga Pure Espen Lundaas, have
accepted the mandatory offer for all the 2,300,000 shares owned by El Investment
AS.

Tore Jakob Berg, CFO in Saga Pure, have accepted the mandatory offer for all his
566,979 shares.

Please see the attached notifications of trading for information on acceptances
received by the Offeror on 8 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

645815_250508_EL_Notification_form_Acceptances_under_Mandatory_offer.pdf
645815_250508_TYC_Notification_form_Acceptances_under_Mandatory_offer.pdf
645815_250508_TJB_Notification_form_Acceptances_under_Mandatory_offer.pdf