Desert Control AS

Share Issue/Capital Change • Nov 16, 2023

Desert Control AS - Last day of the Subscription Period in the Subsequent Offering

Desert Control AS - Last day of the Subscription Period in the Subsequent Offering

NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN

OR INTO THE UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIES AND POSSESSIONS,

ANY STATE OF THE UNITED STATES OF AMERICA AND THE DISTRICT OF COLUMBIA) (THE

"UNITED STATES"), AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION

OF THE PEOPLE'S REPUBLIC OF CHINA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH

THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.

Sandnes, Norway, 16 November 2023: Reference is made to the stock exchange

announcement published by Desert Control AS ("Desert Control" or the "Company")

on 1 November 2023 regarding the commencement of the subscription period (the

"Subscription Period") in the subsequent offering (the "Subsequent Offering") of

up to 2,222,222 new shares in the Company (the "Offer Shares") at a subscription

price of NOK 6.75 per share.

The Subscription Period will expire today, 16 November 2023, at 16:30 hours

(CET).

Correctly completed subscription forms must be received by one of the Managers

(as defined below) or, in the case of online subscriptions, be registered by the

expiry of the Subscription Period. Subscription rights that are not used to

subscribe for Offer Shares in the Subsequent Offering before the expiry of the

Subscription Period will have no value and will lapse without compensation to

the holder.

Further information about the Subsequent Offering and the subscription

procedures is included in the national prospectus prepared in respect of the

Subsequent Offering, which is made available electronically at the websites of

the Managers (as defined below).

Arctic Securities AS and Pareto Securities AS are acting as managers for the

Subsequent Offering (the "Managers"). Advokatfirmaet Selmer AS is acting as

legal counsel to the Company, and Advokatfirmaet Thommessen AS is acting as

legal advisor to the Managers.

For more information, please contact:

Ole Kristian Sivertsen

President and Group CEO

Email: oks@desertcontrol.com

Mobile: +47 957 77 777

Leonard Chaparian

Chief Financial Officer

Email: leonard.chaparian@desertcontrol.com

Mobile: +47 90 66 55 40

About Desert Control:

Desert Control specializes in climate-smart AgTech solutions to combat

desertification, soil degradation, and water scarcity. Its patented Liquid

Natural Clay (LNC) restores and enhances soil ecosystems to reduce water usage

and improve the efficiency of fertilizers and natural resources for agriculture,

forests, and green landscapes. LNC enables sandy and arid soil to retain water

and nutrients, thus increasing crop yields, plant health, and ecosystem

resilience while preserving water and natural resources by up to 50%.

For more information about Desert Control, visit

https://www.desertcontrol.com.

This information is subject to the disclosure requirements pursuant to Section 5

-12 the Norwegian Securities Trading Act.