Elmera Group ASA

Transaction in Own Shares • May 23, 2022

Elmera Group ASA – Share buyback program by Elmera Group ASA

Elmera Group ASA – Share buyback program by Elmera Group ASA

Bergen, 23 May 2022 - Please see below information about transactions made under the buy-back program for Elmera Group ASA.

Date on which the buyback program was announced: 5 May 2022 Size of the buyback program: up to 5,717,590 shares

From 13 May 2022 until 23 May 2022 Elmera Group ASA has purchased a total of 1 583 974 own shares at the Oslo Stock Exchange at an average price of NOK 22.69 per share.

The issuer's holding of own shares: Following the completion of the above transactions, Elmera Group ASA owns a total of 3 142 227 own shares, corresponding to 2.75% of Elmera Group ASA's share capital.

Aggregated overview of transactions per day:

Date Aggregated volume (number of shares) Weighted average share price (NOK) Total transaction value (NOK)

13.05.2022 264 000 21.8097 5 757 760.80

16.05.2022 264 000 22.1310 5 842 584.00

18.05.2022 264 000 22.5925 5 964 420.00

19.05.2022 264 000 23.0978 6 097 819.20

20.05.2022 264 000 23.5130 6 207 432.00

23.05.2022 263 974 22.9716 6 063 905.14

Appendix: An overview of all transactions made under the buy-back programme that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.