Aker Solutions — Share Issue/Capital Change 2019

Nov 1, 2019

Aker Solutions to Execute Share Purchase Program for Employees

Aker Solutions to Execute Share Purchase Program for Employees

November 1, 2019 - Aker Solutions will offer employees in selected jurisdictions

the opportunity to purchase shares of the company.

The 2019 employee share purchase program allows participants to acquire shares

for a trading value between NOK 10,000 and NOK 60,000. Participants are offered

a general discount of up to NOK 3,000 on their total share purchase. In

addition, a price reduction of 25 percent of the share price will apply in

exchange for the purchased shares being subject to a three-year lock-up period.

The purchase will be financed by a loan from Aker Solutions to be settled by

salary deductions over a twelve-month period.

Aker Solutions will also offer selected managers the opportunity to buy

additional shares for an amount of up to 25 percent of their annual base salary.

A price reduction of 25 percent of the share price will apply in exchange for

the purchased shares being subject to a three-year lock-up period. The managers

are responsible for the financing and upfront cash settlement of these

purchases.

The subscription period for both programs is November 1 to November 22, 2019.

The price per share will be based on the average volume-weighted share price on

the Oslo Stock Exchange in the period December 2 to December 6, 2019. Shares

will be allocated to participants on December 9, 2019.

Aker Solutions will purchase own shares in the open market for onwards sale to

participants under the programs. The company will acquire shares on the Oslo

Stock Exchange in accordance with buy-back regulations set out in section 3-12

of the Norwegian Securities Trading Act. Based on subscription levels in

previous share purchase programs in Aker Solutions, and reflecting the current

holding of own shares, the company expects to buy back between 1 million and 2

million shares. The purchasing volume is subject to change based on the actual

number of participants in the share purchase programs. The buyback of shares

will be initiated immediately and is expected to be completed by December 6,

ENDS

Media Contact:

Ivar Simensen, mob: +47 464 02 317, email: ivar.simensen@akersolutions.com

Investor Contact:

Fredrik Berge, mob: +47 450 32 090, email: fredrik.berge@akersolutions.com

Aker Solutions helps the world meet its energy needs. We engineer the products,

systems and services required to unlock energy. Our goal is to maximize recovery

and efficiency of oil and gas assets, while using our expertise to develop the

sustainable solutions of the future. Aker Solutions employs approximately 16,000

people in more than 20 countries.

Visit akersolutions.com and connect with us on

Facebook (https://www.facebook.com/AkerSolutions/),

Instagram (https://instagram.com/akersolutions/),

LinkedIn (https://www.linkedin.com/company/aker-solutions),

Twitter (https://twitter.com/akersolutions) and

YouTube (https://www.youtube.com/akersolutions).

This press release may include forward-looking information or statements and is

subject to our disclaimer, see https://akersolutions.com

This information is subject of the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.