ABL Group — Share Issue/Capital Change 2022

Sep 5, 2022

ABL Group ASA: Share capital increase

ABL Group ASA: Share capital increase

Oslo, Norway, 5 September 2022: Reference is made to the stock exchange release by ABL Group ("ABL Group" or the "Company") published on 31 August 2022 regarding a share capital increase following the exercise of share options.

The issuance of 5,265,000 new shares has been registered with the Norwegian Register of Business Enterprises. Following registration, the share capital of ABL Group is NOK 10,476,986.20 divided into 104,769,862 shares, each share having a par value of NOK 0.1 and carrying one vote in the Company's general meeting.

For further information, please contact:

Investors and financial media:

Dean Zuzic, CFO, ABL Group ASA

Telephone: +47 41 43 35 60

Other media enquiries:

Endre Johansen, Corporate Communications AS

Telephone: +47 41 61 06 05

Email: endre.johansen@corpcom.no

About ABL Group

ABL Group (OSE: ABL Group ASA – ticker code “ABL”) offers independent energy and marine consultancy to the global renewables, maritime and oil and gas sectors. The group has offices in 38 countries worldwide. ABL Group operates under six brands: ABL, OWC, Innosea, Longitude, Add Energy and ABL Yachts.