Akastor ASA: Declaration of extraordinary cash dividend

30 Oct 2025 07:00 CET

Fornebu, 30 October 2025 - Akastor ASA's (OSE: AKAST) board of directors has,
based on the authorisation granted by the General Meeting on 24 April 2025,
decided to pay a cash dividend to Akastor ASA's shareholders of NOK 0.4 per
share (in total about NOK 110 million), based on the 2024 annual accounts. The
distribution will be classified as a repayment of paid-in capital.

Key information relating to the dividend payment:

Extraordinary cash dividend: 0.4 per share
Declared currency: NOK
Last day including rights: 30 October 2025
Ex-date: 31 October 2025
Record date: 3 November 2025
Payment date: on or about 14 November 2025
Date of approval: 29 October 2025

For further information, please contact:
Øyvind Paaske
Chief Financial Officer
Tel: +47 917 59 705
oyvind.paaske@akastor.com

This information is subject to the disclosure requirements pursuant to
Regulation EU 596/2014 (MAR) article 19, cf section 5-12 of the Norwegian
securities trading act and contains information deemed to constitute inside
information pursuant to MAR. This information is further published in
accordance with the requirements of the Continuing Obligations of Euronext
Oslo Børs. This announcement was published by Jing Li Taklo, Head of Financial
Reporting in Akastor ASA at 07:00 (CET) on 30 October 2025.

****

Akastor is a Norway-based oil-services investment company with a portfolio of
industrial holdings and other investments. The company has a flexible mandate
for active ownership and long-term value creation.

More information:
Access the news on Oslo Bors NewsWeb site