Argeo AS

Director's Dealing • Oct 19, 2023

NOTIFICATION OF TRANSACTIONS BY PRIMARY INSIDERS AND THEIR CLOSE ASSOCIATES

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Redback AS
2	Reason for the notification
a)	Position/status	A company closely related to chair of the board, Jan P. Grimnes
b)	Initial Notification Amendment	Initial
3	monitor	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
a)	Name	Argeo AS
b)	LEI	894500SHXBC6FQ4L8U37
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 in Argeo AS, with ISIN NO0010946593
b)	Nature of the transaction	Subscription and allocation of shares in a private placement of shares
c)	Price(s) and volume(s)	Subscription in the private placement:
		Price(s)	Volume(s)
		NOK 3.20	625,000
d)	Aggregated	Subscription in the private placement:
	information	Price(s)	Volume(s)
	— Aggregated volume — Price	NOK 2,000,000	625,000
e)	Date of the transaction	19.10.2023
f)	Place of the transaction	Outside a trading venue
g)	Additional Information	N/A

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Kistefos AS
2	Reason for the notification
a)	Position/status	A company closely related to Lars Petter Ottem Utseth, board member in Argeo AS
b)	Initial Notification Amendment	Initial
3	monitor	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
a)	Name	Argeo AS
b)	LEI	894500SHXBC6FQ4L8U37
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 in Argeo AS, with ISIN NO0010946593
b)	Nature of the transaction	Subscription and allocation of shares in a private placement of shares
c)	Price(s) and	Subscription in the private placement:
	volume(s)	Price(s)	Volume(s)
		NOK 3.20	16,250,000
d)	Aggregated	Subscription in the private placement:
	information — Aggregated	Price(s)	Volume(s)
	volume — Price	NOK 52,000,000	16,250,000
e)	Date of the transaction	19.10.2023
f)	Place of the transaction	Outside a trading venue
g)	Additional Information	N/A