Elmera Group ASA

Transaction in Own Shares • May 12, 2022

Elmera Group ASA – Share buyback program by Elmera Group ASA

Elmera Group ASA – Share buyback program by Elmera Group ASA

Bergen, 12 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 5 May 2022 until 12 May 2022 Elmera Group ASA has purchased a total of 1 558 253 own shares at the Oslo Stock Exchange at an average price of NOK 23.20 per share.

The issuer's holding of own shares:

Following the completion of the above transactions, Elmera Group ASA owns a total of 1 558 253 own shares, corresponding to 1.36% 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)

05.05.2022 252 859 22.8533 5 778 662.58

06.05.2022 264 000 23.2928 6 149 299.20

09.05.2022 264 000 23.6446 6 242 174.40

10.05.2022 264 000 22.8327 6 027 832.80

11.05.2022 262 612 23.3036 6 119 805.00

12.05.2022 250 782 23.2480 5 830 179.94

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.