Magnora ASA: Exercising of share options under share incentive scheme

23 Mar 2026 07:00 CET

23.3.2026 07:00:01 CET | Magnora ASA | Additional regulated information required
to be disclosed under the laws of a member state

Torstein Sanness, Chairman of Magnora ASA, has exercised 220,000 of his share
options and increases his share holdings in Magnora ASA.

Following this exercise, Sanness will own 740,287 shares in Magnora ASA and his
remaining balance of share options in Magnora ASA is 108,000.

Stein Bjørnstad, COO of Magnora ASA, has exercised 50,000 of his share options
and increases his share holdings in Magnora ASA.

Following this exercise, Bjørnstad will own 35,568 shares in Magnora ASA and his
remaining balance of share options in Magnora ASA is 10,000.

Bård Olsen, CFO of Magnora ASA, has exercised 50,000 of his share options and
increases his share holdings in Magnora ASA.

Following this exercise, Olsen will own 132,302 shares in Magnora ASA and his
remaining balance of share options in Magnora ASA is 10,000.

Haakon Alfstad, Head Advisor of Magnora ASA, has exercised 50,000 of his share
options and increases his share holdings in Magnora ASA.

Following this exercise, Alfstad will own 192,699 shares in Magnora ASA and have
no remaining share options in Magnora ASA.

Emilie Brackman, CEO of Magnora Offshore Wind AS, has exercised 50,000 of her
share options and increases her share holdings in Magnora ASA.

Following this exercise, Brackman will own 26,273 shares in Magnora ASA and her
remaining balance of share options in Magnora ASA is 10,000.

Trond Gärtner, Supply Chain and Engineering Manager of Magnora ASA, has
exercised 75,000 of his share options and increases his share holdings in
Magnora ASA.

Following this exercise, Gärtner will own 39,684 shares in Magnora ASA and his
remaining balance of share options in Magnora ASA is 10,000.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Erik Sneve, CEO, email: es at magnoraasa.com

ABOUT MAGNORA ASA

Magnora ASA (OSE: MGN) is a renewable-energy group developing data center, wind,
solar and battery projects. Magnora has operations in Europe and Africa through
the portfolio companies Magnora Data Center AS, Magnora Data Center AB,
Storespeed AS, Hafslund Magnora Sol AS, Magnora Offshore Wind AS, Magnora
Germany, Magnora Italy Srl., Magnora Solar PV UK, Magnora South Africa, and AGV.
Magnora also has earn-out revenues related to the former portfolio companies
Helios Nordic Energy and Evolar. Magnora is listed on the main list of the Oslo
Stock Exchange under the ticker MGN.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847805/18841651/6908/Download%20announce
ment%20as%20PDF.pdf

More information:
Access the news on Oslo Bors NewsWeb site

669040_Download announcement as PDF.pdf