ABL Group — Share Issue/Capital Change 2021

Aug 20, 2021

Registration of share capital increase following exercise of warrants

Registration of share capital increase following exercise of warrants

Oslo, Norway – 20 August 2021

Reference is made to the stock exchange announcement from AqualisBraemar LOC ASA

(the "Company") on 5 August 2021 regarding exercise of warrants.

The share capital increase as a result of the exercise of warrants has now been registered in the Norwegian Register of

Business Enterprises, and the Company's share capital has been increased with NOK 100,000.

Following registration of the share capital increase, the Company has an issued

share capital of NOK 9,692,258.30 divided on 96,922,583 shares each with a par value of NOK 0.10.

For further information, please contact:

Dean Zuzic, CFO, AqualisBraemar LOC ASA

Telephone: +47 41 43 35 60

About AqualisBraemar LOC ASA

AqualisBraemar LOC ASA (OSE: AQUA) offers independent marine, engineering and adjusting consultancy to the global renewables, maritime, and oil and gas sectors. The group has offices in 38 countries worldwide. AqualisBraemar LOC ASA operates under seven brands: AqualisBraemar LOC, OWC, East Point Geo, Innosea, Longitude, JLA and ABL Yacht Services.