Hunter Group ASA

Share Issue/Capital Change • Jul 4, 2023

Hunter Group ASA - Registration of reverse share split

Hunter Group ASA - Registration of reverse share split

Oslo, 4 July 2023

Reference is made to the stock exchange announcement made by Hunter Group ASA

(the "Company") on 30 June 2023 regarding the Company's general meeting

resolving a reverse share split of the Company's shares in the ratio 20:1. The

reverse share split has now been registered with the Norwegian Register of

Business Enterprises. Following such registration, the share capital of the

Company is NOK 1,100,000 (rounded) divided into 28,768,101 shares, each with a

nominal value of NOK 0.038 (rounded).

Contact:

Erik A.S. Frydendal, CEO, ef@huntergroup.no, Ph.: +47 957 72 947

Lars M. Brynildsrud, CFO, lb@huntergroup.no, Ph.: +47 932 60 882

This information is published in accordance with the requirements of the

Continuing Obligations.