Bonheur ASA — M&A Activity 2016

May 4, 2016

COMPLETED MERGER OF BONHEUR ASA AND GANGER ROLF ASA

COMPLETED MERGER OF BONHEUR ASA AND GANGER ROLF ASA

Reference is made to previous stock exchange announcements regarding the

proposed merger of Bonheur ASA and Ganger Rolf ASA, with Bonheur ASA as the

surviving entity.

The merger process is now successfully completed.

Consequently, this has today been duly registered with The Norwegian Register of

Business Enterprises. The new share capital of Bonheur ASA is NOK 53,164,866.25

divided on 42,531,893 shares each with a nominal value of NOK 1.25.

The completed merger implies that all assets, rights and obligations of Ganger

Rolf ASA are transferred into Bonheur ASA. As a corollary, Ganger Rolf ASA is

liquidated and deleted from the Norwegian Register of Business Enterprises.

This information is published in accordance with the requirements of the

Continuing Obligations towards the Oslo Stock Exchange.