Borgestad ASA — Director's Dealing 2024

May 22, 2024

Mandatory notification of trade

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	SES AS
2	Reason for the notification
a)	Position/status	Legal person closely associated with board member Helene Steen
b)	Initial notification/Amendment	Initial notification
3	Details of issuer
a)	Name	Borgestad ASA
b)	LEI	5967007LIEEXZXG3AG53
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction;
		(iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial	Shares in Borgestad ASA
	instrument, type of instrument	ISIN: NO0003111700
	Identification code
b)	Nature of the transaction	Acquisition of shares
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NOK 0.40	15,000,000
d)	Aggregated information	Acquisition of a total of 15,000,000 shares for a total consideration of NOK 6,000,000.
	— Aggregated volume
	— Price
e)	Date of the transaction	22-05-2024
f)	Place of the transaction	Outside a trading venue