S.D. Standard ETC — M&A Activity 2025

Mar 6, 2025

SDSD – Mandatory notification of trade- adjustment of mandatory offer obligation

SDSD – Mandatory notification of trade- adjustment of mandatory offer obligation

S.D. Standard ETC (the "Company") has been informed that Saga Pure ASA ("Saga Pure") has on 6 March acquired 31,247,123 shares in the Company at an average share price of NOK 1.90, with the highest share price being NOK 1.90. Saga Pure is a close associate to Martin Nes, Chairman of the Company's Board of Directors and to Espen Lundaas, a consultant to the Company. Further information about the transaction pursuant to the EU Market Abuse Regulation article 19 is attached to this notice.

As a result of the above, the price per share under the mandatory offer obligation of Saga Pure, as announced 4 March, will be increased to NOK 1.90.

Following the acquisition, Saga Pure and Ferncliff Listed DAI hold a total of 221,043,389 shares in SDSD, where Saga Pure holds 65,125,280 shares and Ferncliff Listed DAI holds 155,918,109 shares, corresponding to a consolidated ownership of approximately 42.1% of the total outstanding shares in SDSD.

For further information, please contact:

Chief Financial Officer, Christos Neokleous at +357 99 53 1193

This information is subject to the disclosure requirements pursuant to article 19 of the EU Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Espen Lundaas, Consultant, at the time and date provided.