ABL Group ASA: Initiation of share buyback program

03 Mar 2026 08:00 CET

3 March 2026 – ABL Group ASA (or the "Company", ticker: "ABL") has decided to
initiate a share buyback program of up to 300,000 of its own shares,
representing approximately 0.2% of the outstanding share capital in the Company.


The buyback program will be conducted in accordance with the authorization
granted to the Board of Directors at the Annual General Meeting on 28 May 2025.

Under the share buyback program, shares may be acquired for a total maximum
amount of NOK 5,000,000 and for a maximum of 300,000 shares.

The number of shares acquired per day shall not exceed 25% of the average daily
trading volume in the 20 trading days preceding the relevant purchase date.

The repurchase will be conducted in the period from 3 March 2026 until the date
the maximum number of shares have been repurchased. If the repurchase is not
completed before the 2026 Annual General Meeting (expected on or about 27 May
2026), the repurchase shall be temporarily paused and may later continue,
subject to the Board’s renewed approval, in accordance with a new authorization
to repurchase shares expected to be granted to the Board of Directors by the
2026 Annual General Meeting.

This means that repurchase of shares may be continued after the date of the 2026
Annual General Meeting, until the earlier of the date the maximum number of
shares have been acquired and 30 June 2026.

The purpose of the share buyback program is to meet near-term contractual
obligations on past M&A transactions and to fulfil obligations in connection
with employee share programs.

Any shares purchased will be held in treasury until used for the above purposes.


The buyback program will be managed by Arctic Securities AS, which will make its
trading decisions in relation to the acquisition of shares independently of, and
uninfluenced by, the Company.

The transactions will be conducted in accordance with the Market Abuse
Regulation (EU) No 596/2014, Commission Delegated Regulation (EU) 2016/1052 and
Euronext Oslo Børs’ Guidelines for buyback programs and stabilization dated
February 2021.

ENDS

For further information, please contact:

Stuart Jackson, Chief Financial Officer
Email: stuart.jackson@abl-group.com

Haakon Brandrud, Director of Strategy and Corporate Development
Email: haakon.brandrud@abl-group.com

This information is published in accordance with the requirements set out in
Article 5 of the Market Abuse Regulation and subject to the disclosure
requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

About ABL Group
ABL Group (OSE: ABL Group ASA – ticker code “ABL”) is a leading independent
global consultancy delivering energy, marine, engineering and digital solutions
to drive safety and sustainability in renewables, maritime and oil and gas
sectors. The group has offices in 44 countries worldwide and operates under four
main brands: ABL, OWC, Longitude and AGR.

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