Saga Pure ASA - Additional investment in S.D. Standard ETC

04 Mar 2025 18:40 CET

Saga Pure ASA ("Saga Pure") has today acquired an additional 2,000,000 shares in
S.D. Standard ETC Plc ("SDSD"), with the highest share price being NOK 1.75.

Saga Pure is a related party to Ferncliff Listed DAI AS ("Ferncliff Listed
DAI"), the largest shareholder of SDSD, as Øystein Stray Spetalen is both the
sole owner of Ferncliff Listed DAI and a board member of Saga Pure.

Saga Pure has earlier today announced the acquisition of 13,000,000 shares in
SDSD and has during the day made an additional investment of 2,000,000 shares in
SDSD. The additional shares have been acquired at an average share price of NOK
1.7439, with the highest share price being NOK 1.75. Consequently, the price per
share under the mandatory offer obligation of Saga Pure, as announced earlier
today, will be increased to NOK 1.75.

Following the acquisition, Saga Pure and Ferncliff Listed DAI hold a total of
170,918,109 shares in SDSD, where Saga Pure holds 15,000,000 shares and
Ferncliff Listed DAI holds 155,918,109 shares, corresponding to a consolidated
ownership of approximately 32.59% of the total outstanding shares in SDSD.

For further information, please contact:

Espen Lundaas, CEO, +47 924 31 417

Tore Jakob Berg, CFO, +47 934 80 202

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to section 5-12 of the Norwegian Securities Trading Act. This stock exchange
announcement was published by Tore Jakob Berg, CFO, at the time and date
provided.

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