NRC Group — Major Shareholding Notification 2019

Mar 21, 2019

NRC Group ASA - Shares purchased by primary insiders in 2019 Share Program

NRC Group ASA - Shares purchased by primary insiders in 2019 Share Program

The following primary insiders in NRC Group ASA (the "Company") has today

applied to purchase shares in the Company in connection with the ongoing 2019

share program for employees in the Company and its subsidiaries in Norway,

Sweden and Finland (the "Program") in which employees have been offered the

opportunity to purchase shares in the Company at a 20% discount for a total

amount of either NOK 12,000, NOK 20,000 or NOK 32,000:

CEO, Øivind Horpestad, has applied to purchase shares in the Program for NOK

32,000.

Prior to purchase of shares in the Program, Mr. Horpestad owns 1.829.688 shares

of which 500.000 shares are on future contract and 100.000 options in the

Company. The shares are held by Gimle Invest AS, a company wholly owned by

Øivind Horpestad.

CFO, Dag Fladby, has applied to purchase shares in the Program for NOK 32,000.

Prior to purchase of shares in the Program, Mr. Fladby owns 21,282 shares and

92,448 options in the Company.

MD of NRC Norge, Hans Olav Storkås, has applied to purchase shares in the

Program for NOK 32,000.

Prior to purchase of shares in the Program, Mr. Storkås owns 21,500 shares and

5,000 options in the Company.

MD of NRC Finland, Harri Lukkarinen, has applied to purchase shares in the

Program for NOK 32,000.

Prior to purchase of shares in the Program, Mr. Lukkarinen has no shares or

options in the Company.

Head of Finance, Rolf Berge, has applied to purchase shares in the Program for

NOK 32,000.

Prior to purchase of shares in the Program, Mr. Berge owns 10,701 shares and no

options in the Company. 10,000 of the shares are held by Loreåsen Holding AS, a

company controlled by Mr. Berge.

The purchase price per share before the discount will be equal to the Company's

share price at close of trade on the Oslo Stock Exchange on the last trading day

prior to delivery of the shares. The purchase price per share and allocation of

shares under the Program, including the number of shares purchased by the

primary insiders and their updated shareholdings, will be announced at the date

of completion and delivery of shares in the Program, which is aimed to take

place on or about the beginning of April 2019.

This information is subject to the disclosure requirements pursuant to Section 5

-12 the Norwegian Securities Trading Act.