Aker - Capital/Financing Update 2022

Aker ASA: Assigned Investment Grade Rating

Scope Ratings has assigned an investment grade rating of BBB-/Stable to Aker

ASA. Scope has further assigned a first-time rating of BBB- to Aker's senior

unsecured debt and an S-2 short-term rating.

In the rating report Scope notes that the rating is driven by Aker's low

leverage and its controlled cost coverage, balancing cash inflow and outflows,

in addition to that the liquidity of Aker's assets further benefits the rating.

We see this rating as a recognition of Aker's resilient financial performance

and as a means of strengthening our position in the credit markets going

forward.

The rating report from Scope Ratings is available at www.scoperatings.com.

-ENDS-

For more information, please contact:

Investors:

Joachim Bjørni, Head of Investor Relations, Aker ASA

Tel: +47 924 22 106

Media:

Atle Kigen, Head of Media Relations and Public Affairs, Aker ASA

Tel: +47 907 84 878

This information is considered to be inside information pursuant to the EU

Market Abuse Regulation and is subject to the disclosure requirements pursuant

to Section 5-12 the Norwegian Securities Trading Act. This stock exchange

announcement was published by Laila Hop, Paralegal, Aker ASA, on August 17,

2022, at 06:58 CEST.

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