Carasent

EG INFORMS CARASENT IT WILL NOT MAKE CONTEMPLATED TAKE-OVER OFFER

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED

STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE

UNLAWFUL.

Carasent ASA ("Carasent") refers to the stock exchange release from EG A/S

("EG") on 29 April 2024 regarding EG's contemplating to make a cash tender

offer for all shares in Carasent at NOK 20 per share and Carasent's comments

in the subsequent stock exchange releases on the same day and on 3 May 2024.

As Carasent communicated in those releases, such an offer would in the view of

the board of directors of Carasent, (i) represent a significantly lower value

to the shareholders of Carasent inherent in Carasent's business plan on a

stand-alone basis and (ii) be unlikely to succeed based on communications with

shareholders.

EG has on 4 July 2024 after close of trading on Oslo Børs informed Carasent

that it has decided not to proceed with the making of any offer.

Carasent will make no further comments in relation to the interest shown by

EG.

This information has been submitted pursuant to the Securities Trading Act §

5-12 and MAR Article 19 no. 3. The information was submitted for publication

at 2024-07-04 21:40 CEST.

AI Terminal