Axactor SE

Major Shareholding Notification • Feb 27, 2015

Disclosure of large shareholding in Nickel Mountain Group AB

Disclosure of large shareholding in Nickel Mountain Group AB

Board of Directors of Saga Invest Holding AS, a wholly

owned subsidiary of Saga Tankers ASA, and Strata Marine &

Offshore AS have on 26 February 20145 approved and signed a

merger plan. The merger is subject to approval by the

general meeting in the respective companies on or about 27

March 2015.

If the transaction is completed Saga Invest Holding AS

ownership in Nickel Mountain Group AB will be increased by

27 151 999 shares corresponding to 29.9%.

If the transaction is completed Strata Marine & Offshore AS

ownership in Nickel Mountain Group AB will be reduced by 27

151 999 shares corresponding to 29.9%.

After the transaction Øystein Stray Spetalen and associated

companies will have a holding of 27 151 999 shares,

corresponding to 29.9% of the company.