Fjord Defence Group ASA

Director's Dealing • Jun 20, 2025

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Tigerstaden AS
2	Reason for the notification
a)	Position/status	Persons closely associated: Tigerstaden AS — The notification concerns a person closely associated with a PDMR — Person discharging managerial responsibilities: Ketil Skorstad, board member
b)	Initial notification or amendment	Initial notification
3	auction monitor	Details of the issuer, emission allowance market participant, auction platform, auctioneer or
a)	Name	Aquila Holdings ASA
b)	LEI code	5967007LIEEXZXKC2G83
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 instrument, type of instrument	— Shares
	Identification code	— ISIN NO 0010778095
b)	Type of transaction	Subscription
c)	Price(s) and volume(s)	(i) Price(s)	(ii) Volume(s)
		NOK 0.80	6,250,000
d)	Aggregated information
	— Aggregated volume	— 6,250,000 Shares
	—Price	— NOK 5,000,000
e)	Date of the transaction	2025-06-20
f)	Place of the transaction	XOFF – Outside of trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Pirol AS
2	Reason for the notification
a)	Position/status	Persons closely associated: Pirol AS — The notification concerns a person closely associated with a PDMR — Person discharging managerial responsibilities: Ketil Skorstad, board member
b)	Initial notification or amendment	Initial notification
3	auction monitor	Details of the issuer, emission allowance market participant, auction platform, auctioneer or
a)	Name	Aquila Holdings ASA
b)	LEI code	5967007LIEEXZXKC2G83
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 instrument, type of instrument	— Shares
	Identification code	— ISIN NO 0010778095
b)	Type of transaction	Subscription
c)	Price(s) and volume(s)	(i) Price(s)	(ii) Volume(s)
		NOK 0.80	3,125,000
d)	Aggregated information
	— Aggregated volume	— 3,125,000 Shares
	—Price	— NOK 2,500,000
e)	Date of the transaction	2025-06-20
f)	Place of the transaction	XOFF – Outside of trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Boolean AS
2	Reason for the notification
a)	Position/status	Persons closely associated: Boolean AS — The notification concerns a person closely associated with a PDMR — Person discharging managerial responsibilities: Ketil Skorstad, board member and Karl Sivert Skatland, deputy board member
b)	Initial notification or amendment	Initial notification
3	auction monitor	Details of the issuer, emission allowance market participant, auction platform, auctioneer or
a)	Name	Aquila Holdings ASA
b)	LEI code	5967007LIEEXZXKC2G83
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 instrument, type of instrument	— Shares
	Identification code	— ISIN NO 0010778095
b)	Type of transaction	Subscription
c)	Price(s) and volume(s)	(i) Price(s)	(ii) Volume(s)
		NOK 0.80	1,875,000
d)	Aggregated information
	— Aggregated volume	— 1,875,000 Shares
	—Price	— NOK 1,500,000
e)	Date of the transaction	2025-06-20
f)	Place of the transaction	XOFF – Outside of trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Tigerstate Capital AS
2	Reason for the notification
a)	Position/status	Persons closely associated: Tigerstate Capital AS — The notification concerns a person closely associated with a PDMR — Person discharging managerial responsibilities: Ketil Skorstad, board member
b)	Initial notification or amendment	Initial notification
3	auction monitor	Details of the issuer, emission allowance market participant, auction platform, auctioneer or
a)	Name	Aquila Holdings ASA
b)	LEI code	5967007LIEEXZXKC2G83
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 instrument, type of instrument	— Shares
	Identification code	— ISIN NO 0010778095
b)	Type of transaction	Subscription
c)	Price(s) and volume(s)	(i) Price(s)	(ii) Volume(s)
		NOK 0.80	1,250,000
d)	Aggregated information
	— Aggregated volume	— 1,250,000 Shares
	—Price	— NOK 1,000,000
e)	Date of the transaction	2025-06-20
f)	Place of the transaction	XOFF – Outside of trading venue