Information regarding share-based investment program

09 May 2025 06:59 CEST

In 2021, Kristian Røkke, Chairman of Aker Horizons ASA (the "Company"),
participated in a share-based investment program in which the Company sold
shares in its subsidiary Aker Horizons Holding AS for NOK 25 million. NOK 10
million were paid in cash by Kristian, and NOK 15 million were financed through
a loan from the Company. The share program was settled in 2024 with a total loss
for Kristian of NOK 23.8 million.

As part of the settlement, the shares were transferred back to the Company. The
Company retained the NOK 10 million in cash contribution, while the portion of
the loan not covered by the proceeds from the sale of the shares upon settlement
was cancelled in accordance with the agreement. The amount of the loan
cancellation in favor of Kristian was NOK 13.8 million, reducing his loss on the
investment correspondingly. The debt cancellation mechanism was part of the
original terms for the share program.

Kristian today paid NOK 13.8 million to the Company and gave the following
comment:

"I recognize the concerns raised by stakeholders and have listened. To reinforce
alignment, I have chosen to repay the loan amount that was otherwise cancelled
under the agreed terms."

Contacts

For further information, please contact:

Jonas Gamre, Investor Relations, tel: +47 97 11 82 92, email:
jonas.gamre@akerhorizons.com

Mats Ektvedt, Media, tel: +47 41 42 33 28, email:
mats.ektvedt@corporatecommunications.no

More information:
Access the news on Oslo Bors NewsWeb site