ABG Sundal Collier

Transaction in Own Shares • Oct 14, 2021

ABG Sundal Collier Holding ASA - Offer to buy back shares

ABG Sundal Collier Holding ASA - Offer to buy back shares

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED

STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE

UNLAWFUL

14 October 2021

ABG Sundal Collier Holding ASA ("ABGSC" or the "Company") has decided to initiate a share buyback for up to NOK 50,000,000. The buyback will be conducted as a reverse bookbuilding process in which shareholders can submit sales offers.

The bookbuilding period commences immediately and is expected to close at 16:30 (CET) on 14 October 2021. The Company reserves the right to close the bookbuilding period earlier at its sole discretion. Sales offers and the respective limits are irrevocable and cannot be withdrawn or changed.

For more information or to submit sales offers, please contact ABG Sundal Collier ASA at phone: +47 22 01 60 11.

In the event that the total number of received sales offers exceeds NOK 50,000,000 at the price accepted, the Company will perform a pro-rata reduction of sales offers. ABGSC reserves the right to terminate the offer or make any amendments with regard to the volume or other terms of the offer.

The buyback will be based on the authorisation provided by the Company's Annual General Meeting on 20 April 2021.

ABGSC currently owns 18,063,304 treasury shares. ABGSC has forward contracts with partners purchasing a total of 102,685,600 shares with settlement in 2022 – 2026. The shares purchased in the buyback will be used in whole or in part for settlement of ABGSC’s forward contracts with partners.

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This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

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The buyback and the distribution of this announcement and other information in connection therewith may be restricted by law in certain jurisdictions.

ABGSC does not assume any responsibility in the event there is a violation by any person of such restrictions. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe any such restrictions.

The buyback is not being made directly or indirectly in, or by use of the mails of, or by any means or instrumentality of interstate or foreign commerce of, or any facilities of a national securities exchange of, the United States of America, its territories and possessions, any State of the United States and the District of Columbia (the "United States") or any other jurisdiction in which this would be unlawful. This includes, but is not limited to, facsimile transmission, internet delivery, e-mail, telex and telephones. Accordingly, copies of this release and any related documents are not being, and must not be, mailed, e-mailed or otherwise distributed or sent in or into the United States and so doing may invalidate any purported sales offer.