Hexagon Composites - Major Shareholding Notification 2025

Hexagon Composites ASA: Mandatory shareholding notification

Reference is made to the stock exchange notice made by Hexagon Composites ASA

(the "Company") on 18 September 2025 regarding registration of the share capital

increase pertaining to the private placement announced by the Company on 16

September 2025. The Chairman of Hexagon Composites ASA, Knut Flakk and his

related parties have not sold any shares, but as a result of the dilutive effect

of the share capital increase, the consolidated shareholding in the Company has

fallen below the 10% disclosure threshold in section 4-2 of the Norwegian

Securities Trading Act. The consolidated shareholding of Knut Flakk and his

related parties in the Company remains unchanged at 22,568,314 shares, which

after the registration of the new share capital equals 8.95% of the shares and

voting rights of the Company.

This disclosure is made pursuant to Section 4-2 of the Norwegian Securities

Trading Act.

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