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Desert Control AS

Share Issue/Capital Change Oct 17, 2023

3577_rns_2023-10-17_a77ce452-a667-49c4-8029-58934499cdba.html

Share Issue/Capital Change

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Desert Control AS - Share capital increase registered

Desert Control AS - Share capital increase registered

Sandnes, Norway, 13 October 2023: Reference is made to the stock exchange

release by Desert Control AS ("Desert Control" or the "Company") published on 28

September 2023. The issuance of 10,000,000 new shares has been registered with

the Norwegian Register of Business Enterprises. After the transaction, Desert

Control's share capital is NOK 156,980.367 divided into NOK 52,326,789 shares,

each share having a par value of NOK 0.003 and carrying one vote in the

Company's general meeting.

For more information, please contact:

Ole Kristian Sivertsen

President and Group CEO

Email: [email protected]

Mobile: +47 957 77 777

Leonard Chaparian

Chief Financial Officer

Email: [email protected]

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 about Desert Control, visit https://www.desertcontrol.com.

This information is subject to the disclosure requirements pursuant to the

Euronext Growth Oslo Rule Book II

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