Atea

Transaction in Own Shares • Aug 18, 2025

Initiation of share repurchase program

Initiation of share repurchase program

The Board of Directors of Atea ASA has resolved to initiate a share repurchase

program. The share repurchase program is in accordance with the power of

attorney granted to the Board by the Annual General Meeting of Atea ASA on April

29, 2025.

The share repurchase program will be for a maximum consideration of NOK 140

million, and for a maximum of 800,000 shares. The program will commence on

August 18, 2025 and continue until April 30, 2026 or until the maximum number of

shares has been repurchased. Buyback transactions will be executed according to

the market price on the Oslo Stock Exchange, and the maximum price to be paid

per share under the program is NOK 190. Shares repurchased under the program

will be used to fulfill the company's obligations under its share-based

compensation agreements. Atea will appoint a financial institution to carry out

the share repurchase program.

The maximum number of shares purchased per day will be 25% of the average daily

turnover in the 20 trading days preceding the date of purchase. This limit is in

accordance with Market Abuse Regulation (MAR) requirements as described in

Article 3 of the EU Commission delegated regulation 2016/1052, and as

implemented in Norway under the Securities Trading Act.

For more information, please contact:

Steinar Sønsteby, CEO Atea ASA, mobile (+47) 930 55 655

Robert Giori, CFO Atea ASA, mobile (+47) 934 09 188