AF Gruppen — Share Issue/Capital Change 2019

Oct 25, 2019

Key information related to the Repair Issue

Key information related to the Repair Issue

Reference is made to the public announcement on 25 October 2019 by AF Gruppen ASA ("AF Gruppen" or the "Company") regarding a share issue of NOK 400 million and a proposed repair issue.

The following key information is given with respect to the Repair Issue:

Date of announcement of terms of Repair Issue: 25 October 2019

Last day including right to receive subscription rights: 25 October 2019

First day excluding right to receive subscription rights: 28 October 2019

Record Date: 29 October 2019

Date of approval of Repair Issue: 19 November 2019

Maximum number of Offer Shares: up to 1,925,044

Subscription price: NOK 175.10 per Offer Share

For further information:

Executive Vice President / CFO, Sverre Hærem, tel: +47 952 45 167