Hunter Group ASA

Major Shareholding Notification • May 23, 2019

Hunter Group ASA - Mandatory Primary Insider Notification

Hunter Group ASA - Mandatory Primary Insider Notification

Apollo Asset Ltd., a company owned by primary insider and Board Member Arne

Fredly has subscribed for and been allocated 63,000,000 New Shares in the

Private Placement. After the transaction, Apollo Asset Ltd., owns 166,500,000

shares which constitutes approximately 29% of the share capital following

registration of the New Shares.

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.