Selvaag Bolig ASA

Transaction in Own Shares • Oct 9, 2023

Selvaag Bolig ASA: Completed buyback of own shares for employee share purchase programmes

Selvaag Bolig ASA: Completed buyback of own shares for employee share purchase programmes

As announced 3 October 2023 Selvaag Bolig ASA initiated repurchase of up to

100 000 shares for the company's incentive programmes. The buyback has been

completed.

From 3 October through 9 October the company bought 100 000 shares at an

average price of NOK 28.5686. See the attached documents for detailed

information about the transactions made.

The share buyback program was carried out in accordance with the Market Abuse

Regulation (EU) No 596/2014 ("MAR") and Commission Delegated Regulation (EU)

No 2016/1052 ("Safe Harbour Regulation"). Daily purchases were limited to a

maximum of 25 per cent of the average daily volume traded the last 20 days.

Following these transactions, Selvaag Bolig holds 960 878 treasury shares.

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About Us

Selvaag Bolig ASA is a residential property developer controlling the entire

value chain from acquisition of land to sale of homes. The company has several

thousand homes under development at any given time, and focuses on the growth

areas in and around Greater Oslo, Bergen, Stavanger, Trondheim and Stockholm.

Selvaag Bolig represents a continuation of Selvaag's 75-year history and

experience, and offers a broad variety of property types. The company is

headquartered at Ullern in Oslo.

www.selvaagboligasa.no/en

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This release was distributed by Kristoffer Gregersen, EVP communications and

sustainability, Selvaag Bolig ASA.

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For further information:

Sverre Molvik, CEO

Telephone: +47 40 10 05 85, e-mail: smo@selvaagbolig.no

Christopher Brunvoll, CFO

Telephone: +47 98 82 92 22, e-mail: chbr@selvaagbolig.no

(mailto:chrb@selvaagbolig.no)

Kristoffer Gregersen, EVP communications, sustainability and corporate

strategy,

Telephone: +47 95 77 55 93, e-mail: kgr@selvaagbolig.no

This information has been submitted pursuant to the Securities Trading Act §

5-12 and MAR Article 19 no. 3. The information was submitted for publication

at 2023-10-09 17:01 CEST.