ABL Group — Share Issue/Capital Change 2022

Aug 15, 2022

Share capital increase

Share capital increase

Reference is made to the stock exchange announcement from ABL Group ASA (the

"Company") on 11 July 2022 regarding acquisition of Add Energy.

The share capital increase (as further detailed in the 11 July 2022 announcement) is now registered.

These shares will be subject to a lock-up of 2 months from Transfer Effective Date, which was July 13, 2022.

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

share capital of NOK 9,950,486.20, divided on 99,504,862 shares, each with a par

value of NOK 0.10.

For further information, please contact:

Investors and financial media:

Dean Zuzic, CFO, ABL Group ASA

Telephone: +47 414 33 560

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, East Point Geo and ABL Yachts.