Fjord Defence Group ASA – Extraordinary general meeting held

22 Sep 2025 12:49 CEST

Oslo, 22 September 2025

Reference is made to the stock exchange announcement made by Fjord Defence Group
ASA (the "Company") on 1 September 2025 regarding the notice of an extraordinary
general meeting in the Company.

The extraordinary general meeting was held today, 22 September 2025. As follows
from the attached minutes, all matters were resolved as proposed by the board of
directors, including (i) a reverse share split (share consolidation) in the
ratio of 12:1, such that 12 shares are consolidated to one share, and (ii) a
share capital increase of NOK 9.10 by the issuance of 13 new shares, to
facilitate the reverse share split.

Following registration of the share capital increase and the reverse share split
with the Norwegian Register of Business Enterprises, the Company's share capital
will be NOK 339,415,263.60, divided into 40,406,579 Shares, each with a par
value of NOK 8.40.

The board of directors has been authorised to set the key dates relevant to the
reverse share split, including the last day including, ex-date and record date,
which will be announced separately.

For further information, please contact:
Jon Asbjørn Bø, CEO
jab@fjorddefence.com
+47 930 86 932

About Fjord Defence Group ASA

Fjord Defence Group ASA, "DFENS" is a Norwegian "compounder" listed on Euronext
Expand seeking to acquire and develop fast-growing, profitable, and well-run
companies in the defence industry. The company has a buy & build strategy, with
focus on acquiring established, profitable businesses within the defence,
security and related segments. More information on www.fjorddefencegroup.com.

* * *

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act and Oslo Rule Book II, Issuer
Rules.

More information:
Access the news on Oslo Bors NewsWeb site

655878_2025 09 22 Fjord Defence Group ASA - Minutes of EGM 22 Sept 2025.pdf