Beerenberg

Director's Dealing • Nov 28, 2023

APPENDIX 3: TEMPLATE FOR THE COMPANY'S DISCLOSURE OF TRANSATIONS BY PDMRs AND PCAs1

Details of the person discharging managerial responsibilities/person closely associated
Name	Espen S Berge / Camar Invest 3 AS
Reason for the notification
Position/status	Close associate company
Initial notification or amendment	Initial
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Beerenberg AS
LEI code	5967007LIEEXZXFUSW82
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
Description of the financial instrument, type of instrument	Share
	ISIN:NO 001 3017574
Type of transaction	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 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.
Price(s) and volume(s)	(i) Price(s)	(ii) Volume(s)
	18	324,148
	Identification code

¹ The contents of the form in this Appendix 3 equal the contents of the form on https://www.altinn.no/nn/skjemaoversikt/finanstilsynet/skjema-for-melding-om-transaksjoner-utfort-av-personer-medledelsesansvar-primarinnsidere-og-deres-narstaende/. Hence, when the Company shall fulfil its duty to disclose transactions on behalf of PDMRs and PCAs (see section 3.3 above), either (i) a completed version of the form in this Appendix 3 or (ii) a copy of the notification in Altinn shall be attached to the stock exchange notice to be published on www.newsweb.no.

d)	Aggregated information
	— Aggregated volume
		348,148
	— Price	18
e)	Date of the transaction	28/11/2023 15:00
1f)	Place of the transaction	Outside venue