Hunter Group ASA

Related Party Transaction • Apr 10, 2018

HUNTER GROUP ASA - UPDATE APOLLO'S AGREEMENT WITH THE DWELLOP FOUNDERS

HUNTER GROUP ASA - UPDATE APOLLO'S AGREEMENT WITH THE DWELLOP FOUNDERS

Oslo, 10 April 2018

This stock exchange announcement is made pursuant to section 5-2 of the

Norwegian Securities Trading Act.

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UPDATE APOLLO'S AGREEMENT WITH THE DWELLOP FOUNDERS

Reference is made to Hunter Group ASA's (the "Company") Stock Exchange Notice as

of 29 March 2018 at 10:54 (the "OSE Notice"), whereby Apollo Asset Limited has

entered into an agreement with Dynamo Management AS, Lingtech AS, Resonans

Invest AS, Initi AS, GEM Invest AS, GEB Holding AS, Innovatio AS, Hundvaag

Holding AS, Per Sande AS, Arne Kristoffer Rødeseike, Einar Christian

Gulbrandsen, Jone Haaland, Stian Lode, Katrin Enstad Anglevik, Frode Rabben,

Kjen AS, Brit Sømme and Anne Hodne Buer (together referred as the "Dwellop

Founders") regarding reorganization and change of the share ownership in the

Company. Pursuant to the agreement, Apollo Asset Limited and the Dwellop

Founders have agreed on a transaction structure where the intention is to

separate/demerge the wholly owned subsidiary Dwellop AS ("Dwellop") from the

Company.

The Board of the Company has today waived the existing lock-up and non-compete

provisions for the Dwellop Founders, as set out in the OSE Notice section 4)

(e).

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www.huntergroup.no

For further information, please contact:

Henrik A. Christensen, Chairman, +47 909 67 683, henrik@rosom.no