Eqva ASA

Share Issue/Capital Change • Feb 2, 2024

Eqva – Exercise of share options in incentive program and grant of shares

Eqva – Exercise of share options in incentive program and grant of shares

Option holders in Eqva ASA's (the “Company”) share option program have on 01.02.2024 exercised 66,666 share options at an exercise price of 3.01 per share:

- Anne Bruun Olsen, Board Member, has vested 33,333 share options. Following the grant, Bruun Olsen holds a total of 33,333 shares and 66,667 share options in the Company.

- Ellen Hanetho, Board Member, has vested 33,333 share options. Following the grant, Hanetho holds a total of 33,333 shares and 66,667 share options in the Company.

Daniel Molvik, Head of Strategy and Business Development, has on 01.02.2024 been granted 49,342 shares at a price of 3.04 per share. Following the grant, Daniel Molvik holds 49,342 shares in the Company.

The exercised options and granted shares were settled by the Company via transfers of treasury shares which the Company has bought in the market under the repurchase program. Following the transfers, the Company holds 483,963 treasury shares.

See attachments for primary insider notification pursuant to the EU Market Abuse Regulation Article 19.

For more information, please contact:

Petter Sørdahl, Chief Financial Officer: +47 917 56 147

Eqva ASA in brief

Eqva ASA is a knowledge-based active owner of engineering, construction and service companies that contribute to the green transition in maritime, power intensive and renewable industries.

The group has a well-diversified product and market portfolio, and further growth will be established through a combination of company-based development, utilization of synergies between the companies in the group as well as value-creating M&A activities.

Key companies in the group are BKS and Fossberg Kraft, each building on decades of experience and widely recognized by clients in a broad range of industries.

Read more on www.eqva.no

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