Axactor SE — Director's Dealing 2023

May 16, 2023

Axactor ASA: Mandatory Notification of Trade by Primary Insider

Axactor ASA: Mandatory Notification of Trade by Primary Insider

Oslo, 16 May 2023

Kyrre Svae, member of the Axactor ASA Executive Management Team, has on 16 May

2023 sold 150,000 shares in the Company at an average price of 5.68 per share.

After this transaction Kyrre Svae controls 0 shares in the Company.

Please refer to the attached notification of transaction for further details.

This information is subject to the disclosure requirements in Regulation EU

596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5

-12.