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Bonheur ASA M&A Activity 2026

Feb 3, 2026

3560_rns_2026-02-03_1ba633e0-8c91-498c-bcb1-cb96354bfac0.html

M&A Activity

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Initial closing of transaction where MEAG joins Fred. Olsen Windcarrier

Initial closing of transaction where MEAG joins Fred. Olsen Windcarrier

Reference is made to Bonheur ASA’s stock exchange announcement on 19 December 2025 informing that Fred. Olsen Ocean Ltd., a wholly owned subsidiary of Bonheur, had entered into an agreement with MEAG MUNICH ERGO Asset Management GmbH (MEAG) acting on behalf of affiliates of Munich Re Group, for an investment in its wholly owned subsidiary, Fred. Olsen Windcarrier ASA (FOWIC).

The initial closing of the transaction materialized today, 3 February 2026. A second closing is scheduled for the third quarter of 2027. As informed in the 19 December 2025 announcement, following the second closing affiliates of Münich Re Group are expected to hold approximately 24 percent of FOWIC’s share capital.

This information is provided in reference to Section 5-12 (1) of the Norwegian Securities Trading Act.