Multiconsult

Transaction in Own Shares • Dec 9, 2020

Multiconsult initiates share buyback programme

Multiconsult initiates share buyback programme

Multiconsult ASA (''Multiconsult'') has decided to initiate a share buyback programme for up to 275,000 shares in the market. The buyback program will be conducted in accordance with the authorisation provided by the ordinary general meeting to the board of directors on 22 April 2020. The buyback will be executed through a reverse Dutch auction at a price of maximum NOK 132 per share on Oslo Børs. The programme will be initiated today and terminated on Thursday 10 December at 16:30 CET.

Arctic Securities has been engaged to execute the auction and shareholders wanting to sell shares can contact Arctic Securities at phone: +47 22 93 72 41 / +47 22 93 72 42.

The shares purchased under this programme will be used for Multiconsult’s employee share purchase programme and management incentive scheme as approved by the ordinary general meeting on 22 April 2020.

For further information, please contact:

Investor relations:

Hans-Jørgen Wibstad, CFO

Phone: +47 916 89 661

E-mail: hans-jorgen.wibstad@multiconsult.no

Media:

Gaute Christensen, VP Communications

Phone: +47 911 70 188

E-mail: gaute.christensen@multiconsult.no

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.