Saga Pure — M&A Activity 2025

Apr 28, 2025

Saga Pure ASA - Mandatory notification of trade - Acceptances under Mandatory Offer

Saga Pure ASA - Mandatory notification of trade - Acceptances under Mandatory Offer

Reference is made to the stock exchange notice dated 11 April 2025 regarding the

commencement of the acceptance period for the mandatory offer by Tycoon

Industrier AS ("Tycoon" or the "Offeror") for shares in Saga Pure ASA ("Saga

Pure" or the "Company") not owned by the Offeror, at an offer price of NOK 1.33

per share in Saga Pure (the "Offer Price") (the "Mandatory Offer").

The Offeror is a close associate of the Company's Board Member Øystein Stray

Spetalen and is therefore required to disclose acceptances received under the

Mandatory Offer on an ongoing basis.

Please see the attached notification of trading for information on acceptances

received by the Offeror on 28 April 2025.

For further information, please contact:

Espen Lundaas, CEO, +47 924 31 417

Tore Jakob Berg, CFO, +47 934 80 202

This information is subject to the disclosure requirements under the EU Market

Abuse Regulation art. 19 and Section 5-12 of the Norwegian Securities Trading

Act.