Aker ASA: Conditional Share Lending Agreement Relating to Merger with Aker Horizons

11 Jun 2025 17:20 CEST

Fornebu, June 11, 2025. Reference is made to the merger between Aker Horizons
ASA's ("Aker Horizons") subsidiary Aker Horizons Holding AS and a subsidiary of
Aker ASA ("Aker") announced on May 9, 2025 (the "Merger").

As previously announced, shareholders in Aker Horizons (other than Aker's
subsidiary Aker Capital AS) will upon completion of the Merger receive merger
consideration as a combination of cash and shares in Aker. TRG Holding AS
("TRG"), Aker's largest shareholder, has today agreed to lend to Aker up to
430,000 shares in Aker to facilitate settlement of the consideration shares in
the Merger. The number of shares borrowed will be reduced with the number of
treasury shares held by Aker at the time the Merger is completed that can be
used as settlement in the Merger. Any shares borrowed shall be redelivered no
later than December 31, 2025.

This information is subject to the disclosure requirements pursuant to Article
19 of Regulation EU 596/2014 (the EU Market Abuse Regulation). Please refer to
the attached PDMR Form for further details.

Media contact:
Atle Kigen, Head of Media Relations and Public Affairs Aker ASA
Tel: +47 90 78 48 78
Email: atle.kigen@akerasa.com

Investor contacts:
Svein Oskar Stoknes, Chief Financial Officer Aker ASA
Tel: +47 94 80 46 43
Email: svein.stoknes@akerasa.com

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

More information:
Access the news on Oslo Bors NewsWeb site

648903_PDMR_form_Aker_ASA.pdf