Cambi ASA

Transaction in Own Shares • May 10, 2023

Cambi ASA

Skysstasjon 11A PO Box 78 1371 Asker Norway

+47 66 77 98 00 office@cambi.com www.cambi.com

For Immediate Release

Cambi ASA: Share buyback program completed

Asker, Norway, 10 May 2023

With reference to the share buyback program announced 20 January 2023, Cambi ASA has purchased 137,134 of its own shares. The shares were purchased at an average price of NOK 7.30 per share.

Date on which the buyback program was announced: 20 January 2023

The duration of the buyback program: Until the AGM or when the target is reached, whichever is earlier

Size of the buyback program: Up to 712,035 shares

At the outset of the share buyback program, Cambi owned 10,870 own shares. On 21 March 2023, 100,000 shares were sold under the share-based incentive program for key employees. Following the above transactions, Cambi owns 48,004 of its own shares, corresponding to 0.03% of its total shares.

An overview of daily share purchases and of all the completed transactions under the program is attached to this notification and available on Newsweb and Cambi's website.

Cambi makes this information public pursuant to the EU Market Abuse Regulation and the disclosure requirements of Section 5-12 of the Norwegian Securities Trading Act.

For more information, please contact: Eirik Fadnes, CEO, +47 907 20 014, eirik.fadnes@cambi.com

About Cambi:

Cambi is a global biogas technology and solutions supplier for wastewater treatment plants and anaerobic digestion facilities. Since 1992, Cambi has retained market leadership through continuous innovation and a robust portfolio of proven and patented technologies. With strong project delivery and customer support capabilities, the company has delivered many well-performing installations in 25 countries on six continents.

Cambi is listed on Euronext Growth Oslo, a multilateral trading facility in Euronext, Europe's largest stock exchange platform. Find out more at cambi.com.