Elopak ASA

Director's Dealing • May 8, 2024

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Bent Kilsund Axelsen
2	Reason for the notification
a)	Position/status	CFO
b)	Initial Notification Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Elopak ASA
b)	LEI	529900BIDQN2AOKV6N08
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Shares ISIN: NO0011002586
b)	Nature of the	In 2023, members of Elopak ASA's management were granted Performance
	transaction	Restricted Share Units (PSUs) under the Elopak's long-term incentive plan for executive management. The numbers of shares allocated at vesting depended on achievement of a set of performance criteria. The first tranche of the PSUs had a one-year vesting period. The shares are delivered to the employee at the vesting date which is today.
c)	Stock option program	No
d)	Price(s) and
	volume(s)	Price	Volume
		0	19 203
e)	Aggregated information — Aggregated volume — Price	Price in total 0	Volume 19 203
f)	Date of the transaction	8 May 2024
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Dag Grönevik
2	Reason for the notification
a)	Position/status	EVP Equipment and Services
b)	Initial Notification Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Elopak ASA
b)	LEI	529900BIDQN2AOKV6N08
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Shares ISIN: NO0011002586
b)	Nature of the transaction	In 2023, members of Elopak ASA's management were granted Performance Restricted Share Units (PSUs) under the Elopak's long-term incentive plan for executive management. The numbers of shares allocated at vesting depended on achievement of a set of performance criteria. The first tranche of the PSUs had a one-year vesting period. The shares are delivered to the employee at the vesting date which is today.
c)	Stock option program	No
d)	Price(s) and volume(s)	Price 0	Volume 15 132
e)	Aggregated information — Aggregated volume — Price	Price in total 0	Volume 15 132
f)	Date of the transaction	8 May 2024
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Finn Morten Tørjesen
2	Reason for the notification
a)	Position/status	EVP Region Europe South & new markets
b)	Initial Notification Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Elopak ASA
b)	LEI	529900BIDQN2AOKV6N08
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Shares ISIN: NO0011002586
b)	Nature of the	In 2023, members of Elopak ASA's management were granted Performance
	transaction	Restricted Share Units (PSUs) under the Elopak's long-term incentive plan for executive management. The numbers of shares allocated at vesting depended on achievement of a set of performance criteria. The first tranche of the PSUs had a one-year vesting period. The shares are delivered to the employee at the vesting date which is today.
c)	Stock option program	No
d)	Price(s) and
	volume(s)	Price	Volume
		0	18 178
e)	Aggregated information — Aggregated volume — Price	Price in total 0	Volume 18 178
f)	Date of the transaction	8 May 2024
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Ivar Jevne
2	Reason for the notification
a)	Position/status	EVP Packaging and Procurement
b)	Initial Notification Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Elopak ASA
b)	LEI	529900BIDQN2AOKV6N08
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Shares ISIN: NO0011002586
b)	Nature of the	In 2023, members of Elopak ASA's management were granted Performance
	transaction	Restricted Share Units (PSUs) under the Elopak's long-term incentive plan for executive management. The numbers of shares allocated at vesting depended on achievement of a set of performance criteria. The first tranche of the PSUs had a one-year vesting period. The shares are delivered to the employee at the vesting date which is today.
c)	Stock option program	No
d)	Price(s) and volume(s)	Price 0	Volume 18 832
e)	Aggregated information — Aggregated volume — Price	Price in total 0	Volume 18 832
f)	Date of the transaction	8 May 2024
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Lionel Ettedgui
2	Reason for the notification
a)	Position/status	EVP Region America
b)	Initial Notification Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Elopak ASA
b)	LEI	529900BIDQN2AOKV6N08
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Shares ISIN: NO0011002586
b)	Nature of the	In 2023, members of Elopak ASA's management were granted Performance
	transaction	Restricted Share Units (PSUs) under the Elopak's long-term incentive plan for executive management. The numbers of shares allocated at vesting depended on achievement of a set of performance criteria. The first tranche of the PSUs had a one-year vesting period. The shares are delivered to the employee at the vesting date which is today.
c)	Stock option program	No
d)	Price(s) and
	volume(s)	Price	Volume
		0	28 020
e)	Aggregated information — Aggregated volume — Price	Price in total 0	Volume 28 020
f)	Date of the transaction	8 May 2024
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Nete Bechmann
2	Reason for the notification
a)	Position/status	Chief Human Resources Officer
b)	Initial Notification Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Elopak ASA
b)	LEI	529900BIDQN2AOKV6N08
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Shares ISIN: NO0011002586
b)	Nature of the transaction	In 2023, members of Elopak ASA's management were granted Performance Restricted Share Units (PSUs) under the Elopak's long-term incentive plan for executive management. The numbers of shares allocated at vesting depended on achievement of a set of performance criteria. The first tranche of the PSUs had a one-year vesting period. The shares are delivered to the employee at the vesting date which is today.
c)	Stock option program	No
d)	Price(s) and volume(s)	Price 0	Volume 17 823
e)	Aggregated information — Aggregated volume — Price	Price in total 0	Volume 17 823
f)	Date of the transaction	8 May 2024
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Stephen Naumann
2	Reason for the notification
a)	Position/status	EVP Region Europe North and CIS
b)	Initial Notification Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Elopak ASA
b)	LEI	529900BIDQN2AOKV6N08
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Shares ISIN: NO0011002586
b)	Nature of the	In 2023, members of Elopak ASA's management were granted Performance
	transaction	Restricted Share Units (PSUs) under the Elopak's long-term incentive plan for executive management. The numbers of shares allocated at vesting depended on achievement of a set of performance criteria. The first tranche of the PSUs had a one-year vesting period. The shares are delivered to the employee at the vesting date which is today.
c)	Stock option program	No
d)	Price(s) and
	volume(s)	Price	Volume
		0	34 345
e)	Aggregated information — Aggregated volume — Price	Price in total 0	Volume 34 345
f)	Date of the transaction	8 May 2024
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Thomas Körmendi
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial Notification Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Elopak ASA
b)	LEI	529900BIDQN2AOKV6N08
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Shares ISIN: NO0011002586
b)	Nature of the transaction	In 2023, members of Elopak ASA's management were granted Performance Restricted Share Units (PSUs) under the Elopak's long-term incentive plan for executive management. The numbers of shares allocated at vesting depended on achievement of a set of performance criteria. The first tranche of the PSUs had a one-year vesting period. The shares are delivered to the employee at the vesting date which is today.
c)	Stock option program	No
d)	Price(s) and volume(s)	Price 0	Volume 54 184
e)	Aggregated information — Aggregated volume — Price	Price in total 0	Volume 54 184
f)	Date of the transaction	8 May 2024
g)	Place of the transaction	Outside a trading venue