Avance Gas Holding

Major Shareholding Notification • Aug 22, 2025

Correction: Disclosure of large shareholding

Correction: Disclosure of large shareholding

Oslo, 22 August 2025, Notification of trade

Hemen Holding Limited ("Hemen") has today, 22 August 2025, sold 100,000 shares in Avance Gas Holding Ltd ("Avance"). Following the sale, Hemen owns 7,724,381* shares in Avance which represents a total of 9.98 % of Avance's issued shares and voting rights (based on 77,426,972 shares issued by Avance).

This disclosure is made pursuant to section 4-2 of the Norwegian Securities Trading Act and is subject to the disclosure requirement pursuant to section 5-12 of the Norwegian Securities Trading Act.

*The original announcement contained incorrect information concerning Hemen's shareholding and the subsequent ownership percentage. The information has been updated in this announcement.