Moreld ASA: Launch of share buy-back programme

13 Jul 2026 08:00 CEST

With reference to the authorisation granted by the annual general meeting of
Moreld ASA ("Moreld" or the "Company") on 19 May 2026, allowing the board of
directors (the "Board") to resolve to repurchase shares, Moreld is launching a
non-discretionary share buy-back programme in order to repurchase up to
1,500,000 shares, equivalent to 0.84% of Moreld's shares in issue, for a
maximum aggregate amount of up to NOK 35 million (the "Buy-back Programme").

The sole purpose of the Buy-back Programme is to enable the Company to meet
its obligations under any applicable employee share incentive programme
implemented and/or to repurchase shares for amortization. Any shares purchased
by the Company will be held in treasury until used for the aforementioned
purposes.

Moreld has appointed SB1 Markets AS ("SB1M") for the repurchase of the
Company's shares. SB1M will manage the programme and make its own trading
decisions independently of, and uninfluenced by, Moreld.

The Buy-back Programme will commence on 13 July 2026 and continue until the
maximum number of shares as set out above has been acquired or 31 December
2026 at the latest.

Moreld will publicly announce information about the transactions relating to
the Buy-back Programme, in a detailed form and in an aggregate form, no later
than by the end of the seventh trading day following the execution of such
transactions. The share Buy-back Programme will be carried out in accordance
with Regulation (EU) No 596/2014 (the "Market Abuse Regulation") and
Commission Delegated Regulation (EU) No 2016/1052 (the "Safe Harbour
Regulation").

Moreld currently has a total of 179,555,119 shares in issue, of which it holds
2,023,819 shares prior to the Buy-back Programme.

The Company reserves the right to make subsequent changes to the above terms
for the Buy-back Programme and will in such case make appropriate
announcements in this respect.

This information is subject to the disclosure requirements pursuant to article
5 of Regulation EU 596 /2014 (the EU Market Abuse Regulation) and section 5-12
of the Norwegian Securities Trading Act.

For more information, please contact:

CEO Geir Austigard
Telephone: +47 992 47 500
Email: Geir.austigard@moreld.com

CFO Trond Rosnes
Telephone: +47 404 14 494
Email: Trond.rosnes@moreld.com

More information:
Access the news on Oslo Bors NewsWeb site

678046_Moreld ASA- Launch of share buy-back programme.pdf