Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the NOR-FSA)

1. Identity of the issuer:
BLUENORD ASA
Nedre Vollgate 3
OSLO
0158
Norway
LEI: 5967007LIEEXZXGE3C16

		2. Reason for the notification (please tick the appropriate box or boxes):

☒	An acquisition or disposal of shares or voting rights
☐	An acquisition or disposal of financial instruments
☐	An event changing the breakdown of shares or voting rights
☐ Other (please specify):


	3. Details of person subject to the notification obligation:
Name:		City and country of residence:
BlackRock, Inc. Wilmington, DE U.S.A
4. Full name of shareholder(s) (if different from 3.):


5. Date on which the threshold was crossed or reached:

6.11.2025
		6. Total positions of person(s) subject to the notification obligation:
	% of shares and	% of shares and voting		Total number of
	voting rights	rights through financial	Total of both in %	shares and voting
	(total of 7.A)	instruments	(7.A + 7.B)	rights of issuer
		(total of 7.B)
Resulting situation	4.74% shares	0.26% shares	5.01% shares	26,498,640 shares
on the date on which
threshold was crossed or reached	4.74% voting rights	0.26% voting rights	5.01% voting rights	26,498,640 voting rights
	Below 5% shares		Below 5% shares
Position of previous		Below 5% shares
notification (if applicable)	Below 5% voting rights	Below 5% voting rights	Below 5% voting rights

7. Notified details of the resulting situation on the date on which the threshold was crossed or reached:

A: Shares and voting rights

Class/type of shares		Number of shares and voting rights		% of shares and voting rights
ISIN code (if possible)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)
NO0010379266		1,258,301 shares 1,258,301 voting rights		4.74% shares 4.74% voting rights

SUBTOTAL A		1,258,301 shares 1,258,301 voting rights		4.74% shares 4.74% voting rights

		B: Financial Instruments according to SMA 9:6a
Type of financial instrument	Expiration date	Exercise/ Conversion Period	Physical or cash settlement	Number of shares and voting rights	% of shares and voting rights
				71,359 shares	0.26% shares
Securities Lent	N/A	N/A	Physical	71,359 voting rights	0.26% voting rights
				71,359 shares	0.26% shares
			SUBTOTAL B	71,359 voting rights	0.26% voting rights

8. Information in relation to the person subject to the notification obligation (please tick the applicable box):
☐ Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.
☒ Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:
Name	% of shares and voting rights	% of shares and voting rights through financial instruments	Total of both
See Annex

10. Additional information:

The disclosure obligation arose due to total holding in shares and votes for BlackRock, Inc. going above 5%.

9. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of

Done at 12 Throgmorton Avenue, London, EC2N 2DL, U.K. on 07 November 2025

Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity;

Name	% of shares and voting rights	% of shares and voting rights through financial instruments	Total of both
BlackRock, Inc.
BlackRock Saturn Subco, LLC
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock International Holdings, Inc.
BR Jersey International Holdings L.P.
BlackRock Holdco 3, LLC
BlackRock Cayman 1 LP
BlackRock Cayman West Bay Finco Limited
BlackRock Cayman West Bay IV Limited
BlackRock Group Limited
BlackRock Finance Europe Limited
BlackRock Investment Management (UK) Limited			Below 5%

BlackRock, Inc.
BlackRock Saturn Subco, LLC
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock International Holdings, Inc.
BR Jersey International Holdings L.P.
BlackRock Australia Holdco Pty. Ltd.
BlackRock Investment Management (Australia) Limited			Below 5%

BlackRock, Inc.
BlackRock Saturn Subco, LLC
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock Holdco 4, LLC
BlackRock Holdco 6, LLC
BlackRock Delaware Holdings Inc.
BlackRock Institutional Trust Company, National Association			Below 5%
BlackRock, Inc.
BlackRock Saturn Subco, LLC
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock Holdco 4, LLC
BlackRock Holdco 6, LLC
BlackRock Delaware Holdings Inc.
BlackRock Fund Advisors			Below 5%

BlackRock, Inc.
BlackRock Saturn Subco, LLC
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.	Below 5%

BlackRock, Inc.
BlackRock Saturn Subco, LLC
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock International Holdings, Inc.
BlackRock Canada Holdings ULC
BlackRock Asset Management Canada Limited	Below 5%

BlackRock, Inc.
BlackRock Saturn Subco, LLC
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock International Holdings, Inc.
BR Jersey International Holdings L.P.
BlackRock Holdco 3, LLC
BlackRock Cayman 1 LP
BlackRock Cayman West Bay Finco Limited
BlackRock Cayman West Bay IV Limited
BlackRock Group Limited
BlackRock Finance Europe Limited
BlackRock Advisors (UK) Limited	Below 5%

Annex: Notification of major holdings (only to be filed with the NOR-FSA)

A: Identity of the person subject to the notification obligation
Full name (including legal form for legal entities) BlackRock, Inc.
Contact address (registered office for legal entities) c/o 12 Throgmorton Avenue, London, EC2N 2DL, U.K.
E-Mail [email protected]
Phone number / Fax number +44 (0) 20 7743 3650 / +44 (0) 20 7668 4045
Other useful information (at least a contact person for legal persons) Jana Blumenstein

B: Identity of the notifier, if applicable
Full name Jana Blumenstein
Contact address 12 Throgmorton Avenue, London, EC2N 2DL, U.K.
E-Mail [email protected]
Phone number / Fax number +44 (0) 20 7743 3650 / +44 (0) 20 7668 4045
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)

C: Additional information: