Selvaag Bolig ASA

Selvaag Bolig ASA - result of offer to buy back shares

Reference is made to the stock exchange release dated 21 September 2023

regarding an offer to buy back up to 1 million shares. Selvaag Bolig has

purchased 816 108 shares at a price of NOK 30 per share. Subsequent to the

purchase the company holds 860 878 treasury shares.

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

Regulation (EU) No 596/2014 ("MAR"), and conducted in accordance with the

mandate provided by the company's AGM.

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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: [email protected]

Christopher Brunvoll, CFO

Telephone: +47 98 82 92 22, e-mail: [email protected]

Kristoffer Gregersen, EVP communications, sustainability and corporate

strategy,

Telephone: +47 95 77 55 93, e-mail: [email protected]

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 2023-09-21 17:24 CEST.

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