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Axactor SE

Share Issue/Capital Change • May 6, 2019

3549_rns_2019-05-06_5845f000-1959-43cd-9c12-adb230841a4e.html

Share Issue/Capital Change

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Exercise of employee share options – follow up notice

Reference is made to the statement dated 2nd of May 2019. The payment has been determined based on a selling price of (price) per share.

Siv Farstad purchased 13 810 shares at a price of 19,4854

Robin Knowles purchased 36 827 shares at a price of 19,4854

After this:

Siv Farstad holds 690.000 unexercised options in the Company, corresponding to 690.000 shares. After completion of the abovementioned transactions, the primary insider holds 294.810 shares in the Company.

Robin Knowles holds 1.840.000 unexercised options in the Company, corresponding to 1.840.000 shares. After completion of the abovementioned transactions, the primary insider holds 278.160 shares in the Company.

For additional information, please contact: Johnny Tsolis, CFO, Axactor

Mobile phone: +47 913 35 461

Email: [email protected]