Selvaag Bolig ASA

Selvaag Bolig ASA: Mandatory notification of trades by primary insiders

The shares traded were acquired through the company's share purchase programmes,

and have been sold after the expiry of the lock-up period.

Sverre Molvik, CEO, sold 71 859 shares 15 February. The shares were sold at an

average price of NOK 51,32. Molvik now owns 328 042 shares in Selvaag Bolig ASA.

Øystein Klungland, COO, sold 57 679 shares 15 February. The shares were sold at

an average price of NOK 51,32. Klungland now owns 319 316 shares in Selvaag

Bolig ASA.

Kristoffer Gregersen, vice president communications and market, sold 23 380

shares 15 February. The shares were sold at an average price of NOK 51,32.

Gregersen now owns 140 011 shares in Selvaag Bolig ASA.

See the attached documents for detailed information about the transactions made.

Further information from

Sverre Molvik, CEO, Selvaag Bolig ASA

Telephone: +47 40 10 05 85, e-mail: [email protected]

Kristoffer Gregersen, EVP communications, sustainability and corporate strategy,

Selvaag Bolig ASA

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

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 70-year history and

experience, and offers a broad variety of property types. The company is

headquartered at Ullern in Oslo.

www.selvaagboligasa.no/en

This release was distributed by Kristoffer Gregersen, EVP communications and

sustainability, Selvaag Bolig ASA.

This information is subject to the disclosure requirements pursuant to §5-12 of

the Norwegian Securities Trading Act and requirements under the EU Market Abuse

Regulation.

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