Arribatec Group ASA

Share Issue/Capital Change • Jan 30, 2025

Arribatec Group ASA: Final results of the rights issue

Arribatec Group ASA: Final results of the rights issue

Arribatec Group ASA: Final results of the rights issue

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT

Oslo, 30 January 2025

Reference is made to the previous stock exchange announcements from Arribatec Group ASA (the “Company”) regarding the offer of up to 350 million new shares (“Offer Shares”) in a rights issue, raising gross proceeds of NOK 35 million (the “Rights Issue”).

Reference is also made to the Company's stock exchange announcement on 29 January 2025 regarding preliminary results of the Rights Issue.

The subscription period for the Rights Issue expired on 29 January 2025, at 16.30 hours (CET). The Company's Board of Directors has now resolved allocation of the Offer Shares in accordance with the allocation criteria set out in the prospectus prepared by the Company dated 13 January 2025.

As the Right Offer was oversubscribed, 350 million Offer Shares have been allocated based on valid subscriptions received during the Subscription Period. Consequently, no Offer Shares have been allocated to underwriters as part of their underwriting obligations.

Notification of allocated Offer Shares and the corresponding subscription amount to be paid by each subscriber will be distributed on or about 30 January 2025. The payment date for the Offer Shares is 3 February 2025.

The Offer Shares may not be transferred or traded before they have been fully paid by all subscribers and the share capital increase pertaining to the Rights Issue has been registered with the Norwegian Register of Business Enterprises. Subject to timely payment of the aggregate subscription amount in the Rights Issue, it is expected that the Company's new share capital following the Rights Issue will be registered with the Norwegian Register of Business Enterprises on or about 5 February 2025 and that Offer Shares will be delivered to subscribers on or about 6 February 2025. Subject to the aforementioned, the Offer Shares are expected to become tradable on the Oslo Stock Exchange on or about 6 February 2025.

ADVISORS

Arctic Securities AS act as manager in the Rights Issue.

Ro Sommernes advokatfirma DA is acting as legal advisor to the Company.

For further information, please contact:

Geir Johansen, CEO, Arribatec Group ASA: +47 4771 0451