Beerenberg

Regulatory Filings • Nov 28, 2023

BEERENBERG AS – Mandatory notification of trade

BEERENBERG AS – Mandatory notification of trade

Bergen, 28. November 2023:

Camar AS has on 28.11.2023 sold 2,350 shares in Camar Invest 3 AS (related party to Espen Selvikvåg Berge, board member of Beerenberg AS and primary insider in Beerenberg AS) to employees of Camar AS. Camar Invest 3 AS owns 4,444,444 shares, corresponding to 18.09% of the outstanding shares in Beerenberg AS.

Piren Holding AS (related to Espen Selvikvåg Berge and 100% owned by Espen Selvikvåg Berge) has on 28.11.2023 purchased 1,481 shares in Camar Invest 3 AS. Following the transaction, Piren Holding AS indirectly owns 219,407 shares, equivalent to 0.89% of the outstanding shares in Beerenberg. The implicit price for the acquired shares in Beerenberg is NOK 18.

For further information, please contact:

Harald Haldorsen, CFO

Tel. +47 982 34 834

E-mail: harhal@beerenberg.com

About Beerenberg AS

Beerenberg has delivered cost efficient solutions to a wide range of industrial enterprises for more than 40 years. Beerenberg is one of the leading suppliers of maintenance and modifications services on the Norwegian Continental Shelf as well as a global provider of insulating products. The Group´s expertise covers the entire life cycle of the petroleum industry from field studies and newbuilds to maintenance, modifications, and lifetime extensions. The operational activities are organized in Beerenberg Services and its subsidiaries. Headquartered in Bergen, Beerenberg has offices in Stavanger and Skien in Norway and in Poland, UK, South-Korea, Thailand, and Singapore.

To learn more, please visit www.beerenberg.com