Saga Pure — M&A Activity 2025

May 12, 2025

SAGA PURE ASA - acquisition of vallhall - final settlement

SAGA PURE ASA - acquisition of vallhall - final settlement

Reference is made to the stock exchange notice dated 26 November 2024 regarding

the entry into of an agreement by Saga Pure ASA (the "Company") with Tycoon

Industrier AS ("Tycoon") to purchase the shares and units held by Tycoon in the

companies Valhall Fotballhall AS, Vallhall Fotballhall Drift AS and Vallhall

Fotballhall KS (together, the "Target Companies") (the "Vallhall Agreement").

The purchase price payable by the Company under the Vallhall Agreement was

subject to adjustments based on the Target Companies' annual accounts for the

financial year 2024. The relevant annual accounts have now been finally approved

and final adjustments under the Vallhall Agreement have been made between the

parties, with the final result that the purchase price payable by the Company

was increased with approximately NOK 460,000., to a total purchase price of MNOK

52.4.

For further information please contact: CFO Tore Jakob Berg, +47 93 48 02 02

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

-12 the Norwegian Securities Trading Act.