Selvaag Bolig ASA

Transaction in Own Shares • Jan 4, 2022

Selvaag Bolig ASA: Status for buyback of own shares for employee share purchase programmes

Selvaag Bolig ASA: Status for buyback of own shares for employee share purchase programmes

As announced 6 December 2021 Selvaag Bolig ASA has initiated repurchase of up to

500000 shares for the company's incentive programmes.

From 28 December 2021 through 3 January 2022 the company bought 66095 shares at

an average price of NOK 51.85. See the attached documents for detailed

information about the transactions made.

The buyback is carried out in accordance with the EU Market Abuse Regulation and

Safe Harbour Regulation. Daily purchases are limited to a maximum of 25 per cent

of the average daily volume traded the last 20 days.

Following these transactions, Selvaag Bolig holds 364832 treasury shares.

Further information from

Sverre Molvik, CEO, Selvaag Bolig ASA

Telephone: +47 401 00 585, e-mail: smo@selvaagbolig.no

Kristoffer Gregersen, EVP communications, sustainability and corporate strategy,

Selvaag Bolig ASA

Telephone: +47 957 75 593, e-mail: kgr@selvaagbolig.no

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.