Protector Forsikring

Transaction in Own Shares • May 16, 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)

09.05.2022 23,737 100.1869 2,378,136.45

10.05.2022 24,226 98.6693 2,390,362.46

11.05.2022 22,667 100.0965 2,268,887.37

12.05.2022 25,324 99.7877 2,527,023.71

13.05.2022 25,684 103.9682 2,670,319.25

16.05.2022 14,181 104.8415 1,486,757.31

Previously disclosed

buy-backs under

the program

(accumulated)

Accumulated under

the buy-back

program 135,819 101.0277 13,721,486.55

An overview of all transactions made under the buy-back program that have been carried out during the above-mentioned time period is attached.

Following the completion of the above transactions, Protector Forsikring ASA owns a total of 107,474 of own shares, corresponding to 0.13 % of Protector Forsikring ASA's share capital.

For further information, please contact:

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

Oslo, 16 May 2022

Protector Forsikring ASA

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.