Saga Pure ASA - Mandatory notification of trade

27 Aug 2025 22:55 CEST

Reference is made to the stock exchange notice of 27 August 2025 regarding the
successful completion of a private placement, raising gross proceeds of NOK
121.5 million, equivalent to approx. USD 12 million, through the conditional
allocation of 90,000,000 new shares, each at a subscription price of NOK 1.35
(the Private Placement).

Tycoon Industrier AS, acting as an underwriter in the Private Placement, was
allocated 82,664,863 new shares. Tycoon Industrier AS is a close associate of
Øystein Stray Spetalen, who is a person discharging managerial responsibilities
(as defined by the EU Market Abuse Regulation) of Saga Pure ASA. PDMR form
attached.

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

654021_250827_Notification_form.pdf