Protector Forsikring

Transaction in Own Shares • May 19, 2022

Protector Forsikring ASA - Transactions made under the buy-back program

Protector Forsikring ASA - Transactions made under the buy-back program

Reference is made to the stock exchange announcement published on 06.05.2022 regarding the initiation of a buy-back program of up to 150,000 own shares for a maximum amount of MNOK 16. The purpose of the repurchase program is to fulfill obligations arising as a result of the Company's bonus program for senior executives and key personnel as well as the Company's share purchase program for all employees. The buy-back program can be implemented in the period 09.05.2022-01.06.2022.

Overview of transactions:

Date Aggregated daily Weighted Total daily

volume (no. of average share price trans. value

shares) per day(NOK) (NOK)

18.05.2022 14,181 108.0343 1,532,034.41

Previously disclosed

buy-backs under

the program

(accumulated) 135,819 101.0277 13,721,486.55

Accumulated under

the buy-back

program 150,000 101.6901 15,253,520.96

An overview of all transactions made under the buy-back program that have been carried out 18 May 2022 is attached.

Following the completion of the above transactions, Protector Forsikring ASA owns a total of 121,655 of own shares, corresponding to 0.15 % of Protector Forsikring ASA's share capital.

For further information, please contact:

CFO, Ditlev de Vibe Vanay, mob. +47 934 80 393

Oslo, 19 May 2022

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and article 5 of the EU Market Abuse Regulation.