Bouvet

Transaction in Own Shares • Sep 14, 2022

Buyback of shares for employee share programme

Buyback of shares for employee share programme

Bouvet ASA has engaged a third party on 13 September 2022 to conduct repurchases of the company's own shares for use in its share programme for employees.

This buyback programme will encompass a maximum of 150 000 shares and comprise the acquisition of Bouvet shares up to an overall value of NOK 9 750 000.

The buyback programme will be based on the mandate provided by the AGM of 19 May 2022. Registered in the Norwegian Register of Business Enterprises, this mandate remain valid until 30 June 2023. Before the share repurchases, Bouvet ASA holds 804 670 of its own shares.

The buyback programme has a fixed duration, with share purchases taking place between 15 September 2022 and 7 October 2022.

Shares will be purchased on the Oslo Stock Exchange. The share buyback programme will be conducted in accordance with applicable safe harbour conditions and pursuant to the Norwegian Securities Trading Act of 2007, EU Commission Regulation (EC) No 2016/1052, and the Oslo Stock Exchange's guidelines for buyback programmes and price stabilisation of February 2021.

For further information, please contact:

CEO Per Gunnar Tronsli, telephone: +47 900 20 622

CFO Trude Hole, telephone: +47 977 10 344.

This information is made public by the company pursuant to article 5 of the EU Market Abuse Regulation, as supplemented by Commission Delegated Regulation (EU) 2016/1052, and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.