Aker

Aker ASA: Mandatory notification of pledge of shares

Due to Kjell Inge Røkke's relocation to Lugano in September 2022, he triggered a

contingent tax liability ("Exit Tax") related to his personal ownership in The

Resource Group TRG AS ("TRG"). The contingent Exit Tax will only become payable

if Mr. Røkke divests his shares in TRG within five years from the date of his

relocation.

Due to Switzerland not being part of European Economic Area (Norwegian: EØS),

Norwegian Tax Authorities requires security for this temporary contingent tax

liability. Hence, Mr. Røkke has today pledged 20,465 shares in TRG, representing

35.2% of the outstanding shares in TRG, in favour of the Norwegian Tax

Authorities.

TRG is wholly owned by Kjell Inge Røkke, Chair of the Board and primary insider

in Aker ASA. TRG owns 95.71% of the shares in TRG Holding AS, which again owns

50,673,577 shares directly in Aker ASA, representing 68.18% of the outstanding

shares in the company.

Please see notification form attached.

-ENDS-

For more information, please contact:

Media contact

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

Tel: +47 90 78 48 78

Investor contact

Fredrik Berge, Head of Investor Relations Aker ASA

Tel: +47 45 03 20 90

This information is subject to the disclosure requirements in Regulation EU

596/2014 (MAR) article 19 number 3 and the Norwegian Securities Trading Act § 5

-12.

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