Saga Pure ASA - Mandatory notification of trade

28 Aug 2025 17:34 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).

To arrange for delivery versus payment (DVP) settlement in the Private
Placement, Saga Pure ASA has entered into a share lending agreement (the Share
Lending Agreement) with Arctic Securities AS (the Settlement Agent) and Tycoon
Industrier AS. Pursuant to the Share Lending Agreement, and on the terms as
detailed therein, Tycoon Industrier AS has today lend out 7,335,137 existing
shares to the Settlement Agent. The share loan will be settled by re-delivery
from the Settlement Agent of new shares following registration of the share
capital increase pertaining to the Private Placement.

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

654154_250828_Notification_form_share_lending.pdf