Nordic Financials ASA — Capital/Financing Update 2022

Jun 17, 2022

Update on warrants with expiry date 16 June 2022

Update on warrants with expiry date 16 June 2022

Oslo, Norway, 17 June 2022

Reference is made to the stock exchange announcement published on 28 October 2021 regarding completion of a rights issue in Aega ASA and issue of 18,000,000 new shares in connection with the Rights Issue. Each share was delivered with the addition of two tranches of warrants. The first tranche of warrants gave a right to subscribe for one share in the Company on 10 March 2022. The second tranche of warrants gave the right to subscribe for one additional share in the Company on 16 June 2022 with a par value of NOK 1 at a subscription price of NOK 1.90.

The expiry date for exercising the second tranche of warrants was 16 June 2022. Based on general market development and trading in the Company's shares, the exercise price of the warrants in the second tranche is lower than the share price on Euronext Expand. Consequently, the Company has not received any notices of exercise.

Consequently there are as of today, no outstanding warrants in Aega ASA.

For further information please contact:

Nils Petter Skaset, CEO of Aega

Tel: +47 951 88 154

e-mail: ceo@aega.no

Aega Aega ASA is a Norwegian listed investment Company. The Company focuses on acquisitions of smaller existing solar parks in Italy. In addition to being an industrial player in Italy, Aega also considers financial investments within the renewable energy sector.