Cambi ASA

Transaction in Own Shares • Mar 13, 2023

Cambi ASA: Status update for the ongoing share buyback program

Cambi ASA: Status update for the ongoing share buyback program

Asker, Norway, 13 March 2023

Reference is made to the notice issued on 20 January 2023, where Cambi ASA initiated a share buyback program for up to 712,035 shares to be used as part of the company’s employee incentive program.

Cambi reports the following transaction overview under the buyback program since the previous update on 15 February 2023:

+---------------------+-------------------+----------------+-------------------+

|Transaction Date |Aggregate daily |Weighted average| Daily transactions|

| |volume (# of |share price(NOK)| value (NOK total) |

| |shares) | | |

+---------------------+-------------------+----------------+-------------------+

|16.02.2023 | 622 | 6.45 | 4,012 |

+---------------------+-------------------+----------------+-------------------+

|24.02.2023 | 440 | 6.50 | 2,860 | +---------------------+-------------------+----------------+-------------------+

|27.02.2023 | 1,927 | 6.37 | 12,270 |

+---------------------+-------------------+----------------+-------------------+

|10.03.2023 | 6,714 | 7.20 | 48,396 |

+---------------------+-------------------+----------------+-------------------+

|13.03.2023 | 9,026 | 7.24 | 65,318 |

+---------------------+-------------------+----------------+-------------------+

|Total buyback in the | 18,729 | 7.09 | 132,856|

|period 16 Feb-13 MAR | | | |

+---------------------+-------------------+----------------+-------------------+

|Total previously dis-| 32,822 | 6.16 | 202,178 |

|closed buyback under | | | |

|the program | | | |

+---------------------+-------------------+----------------+-------------------+

|Total accumulated | 51,551 | 6.50 | 335,034 |

|buyback under | | | |

|the program | | | |

+---------------------+-------------------+----------------+-------------------+

At the outset of the share buyback program, Cambi owned 10,870 own shares. After completing the above transactions, Cambi owns 62,421 own shares, corresponding to 0.039% of its total share capital.

An overview of all the completed transactions under the program for the dates specified above 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:

Mats Tristan Tjemsland, CFO, +47 920 67 094, mats.tjemsland@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 26 countries on six continents.

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