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Flyr AS Director's Dealing 2022

May 5, 2022

3601_dirs_2022-05-05_1aa15cd7-6b70-4f79-8565-0668ea5b20d5.html

Director's Dealing

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Flyr AS Mandatory notification of trade

Flyr AS Mandatory notification of trade

Reference is made to the stock exchange notice by Flyr AS (the "Company") on 5

May 2022 regarding the successfully placed private placement of 208,333,333 new

shares in the Company (the "Private Placement").

The following close associate of a primary insiders in the Company were

allocated shares in the Private Placement:

· Ojada AS, a company closely associated with Erik G. Braathen, the chairman

of the Board of Directors, was allocated 12,500,000 shares. Subject to issuance

of the shares in the private placement, Ojada AS will hold 53,815,719 shares in

the Company. In addition, Ojada AS has entered into a share lending agreement

pursuant to which the managers in the private placement will borrow 29,787,349

shares for settlement purposes.

Primary insider notifications pursuant to the Market Abuse Regulation article 19

are attached to this release and can be downloaded from www.newsweb.no.

For further information, please contact:

Brede Huser, Chief Financial Officer

Phone: +47 99 16 99 74

Email: [email protected]

This information is subject to the disclosure requirements pursuant to

Regulation EU 596/2014 (MAR) article 19 number 3 and the Norwegian Securities

Trading Act section 5-12.