ABL Group — Share Issue/Capital Change 2022

Jul 4, 2022

Exercise of warrants, new share capital registered

Exercise of warrants, new share capital registered

Reference is made to the stock exchange announcement from ABL Group ASA (the "Company") on 1 July 2022 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 9,792,258.30 divided on 97,922,583 shares each with a par value of NOK 0.10.

Shares issued on the basis of the warrants will be subject to a lock-up period of 6 months from the date of issue. After the expiry of such period, there shall be no restriction on the transferability of such shares.

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.