Elopak ASA - Director's Dealing 2026

Elopak ASA: Mandatory notification of trade by close associate of primary insider

Ferd AS ("Ferd") has today sold 11,500,000 shares in Elopak ASA (the

"Company"), representing approximately 4.3% of the share capital and votes in

the Company, at a price of NOK 48.50 per share for a total transaction size of

NOK 558 million (the "Transaction").

Following completion of the Transaction, Ferd will own 107,965,870 shares in

the Company, representing approximately 40.1% of the Company. Ferd has entered

into a customary 90-days lock-up agreement for its remaining shareholding in

the Company after the Transaction. Ferd remains committed to being a

long-term, significant owner in the Company.

Ferd is represented on the Board of Directors of the Company through Manuel

Arbiol Pascual, being a primary insider. Please see the attached PDMR form for

further details.

ABG Sundal Collier ASA and Skandinaviska Enskilda Banken AB (publ) acted as

joint bookrunners in connection with the Transaction.

This information has been submitted pursuant to the Securities Trading Act §

5-12 and MAR. The information was submitted for publication, through the

agency of the contact persons set out above, at 2026-03-17 18:06 CET.

About Elopak

Elopak is a leading global supplier of carton packaging and filling equipment.

The company's iconic Pure-Pak® cartons are made using renewable, recyclable

and sustainably sourced materials, providing a natural and convenient

alternative to plastic bottles that fits within a low carbon circular economy.

Founded in Norway in 1957, Elopak was listed on the Oslo Stock Exchange in

2021. Today it employs 3,000 people and sells 16 billion cartons annually

across more than 70 countries.

Elopak is a UN Global Compact participant member. We have set Science Based

Targets to reduce emissions in line with the 1.5-degree trajectory and aim to

be Net-Zero by 2050. In 2023, we achieved a gold rating by EcoVadis and were

rated top 2% sustainable companies in the world.

For more information, go to www.elopak.com or follow us @Elopak on LinkedIn.

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