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Scatec ASA

Major Shareholding Notification Jan 20, 2021

3737_mrq_2021-01-20_98ee2cf2-0ab2-469b-a1c1-efa53bd6028b.pdf

Major Shareholding Notification

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12 Throgmorton Avenue London EC2N 2DL Tel 020 7743 3000 Fax 020 7743 1000 www.blackrock.com

20th January 2021

Scatec ASA P.O. box 4156 0217 Oslo Norway [email protected]

Dear Sir/Madam,

Disclosure of Significant Shareholding under the Norwegian Securities Trading Act

On 19th January 2021 BlackRock, Inc acquired 50,320 shares and voting rights in Scatec ASA, resulting in a shareholding of 15,838,648 (10.00%) shares and voting rights.

The chain of controlled undertakings through which the shares and voting rights are effectively held is attached at Appendix A.

In the event of any queries, please contact the Regulatory Thresholds Reporting Team via [email protected] or on 020 7743 3650.

Yours faithfully,

For the BlackRock Group

Jana Blumenstein Director Portfolio Compliance Disclosures Phone: 020 7743 3650

12 Throgmorton Avenue London EC2N 2DL Tel 020 7743 3000 Fax 020 7743 1000 www.blackrock.com

Appendix A

Chain of controlling companies
Company Number of shares
and voting rights
Percentage of shares
and voting rights
BlackRock (Netherlands) B.V. 24,617 0.02%
BlackRock Advisors (UK) Limited 6,082,326 3.84%
BlackRock Advisors, LLC 15,835 0.01%
BlackRock Asset Management Canada Limited 35,210 0.02%
BlackRock Financial Management, Inc. 9,325 0.01%
BlackRock Fund Advisors 6,844,617 4.32%
BlackRock Institutional Trust Company, National 936,773 0.59%
Association
BlackRock Investment Management (Australia) 7,614 0.00%
Limited
BlackRock Investment Management, LLC 14,517 0.01%
BlackRock Investment Management (UK) Limited 1,476,385 0.93%
BlackRock Japan Co., Ltd. 21,959 0.01%
BlackRock Asset Management Deutschland AG 356,045 0.22%
BlackRock International Limited 13,425 0.01%
TOTAL 15,838,648 10.00%

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