Selvaag Bolig ASA

Director's Dealing • Dec 2, 2022

Selvaag Bolig ASA: Mandatory notification of trades by primary insiders

A total of 33 Selvaag Bolig employees have purchased 767 163 shares through the company's share-saving programme and purchase programme for selected senior executives. The shares had a purchase price of NOK 29.94 per share

A total of 76 employees were offered the opportunity to buy shares worth up to NOK 200 000 through the company's share-saving programme. The offer included a discount of 20 per cent on the shares as well as financing assistance. The lock-up period is two years.

Five senior executives were offered the opportunity to acquire shares worth up to one year's salary through the company's share purchase programme. The offer included a discount of 30 per cent. The lock-up period is three years.

The subscription period ran from 28 November – 2 December. The price per share is the stock market price (volume-weighted average price for the final 10 days of stock exchange trading before the programme opened).

For detailed information about the share programmes reference is made to page 37 of the 2021 annual report.

The transaction was completed on 2 December.

The shares will be transferred from the company's holding of own shares. Subsequent to the purchase Selvaag Bolig holds 44 770 own shares.

The following primary insiders have purchased shares:

Share purchase programme (tree year lock up period and 30 per cent discount)

Sverre Molvik, CEO, purchased 182 477 shares and now holds 492 814 shares. Øystein Klungland, COO, purchased 182 477 shares and now holds 487 582 shares. Christopher Brunvoll, CFO, purchased 102 569 shares and now holds 169 708 shares. Kristoffer Gregersen, Vice president Communications, Sustainability and Corporate strategy, purchased 83 534 shares and now holds 217 785 shares. Line Lian Mjell, Vice president Market, purchased 77 762 shares and now holds 95 938 shares.

Share-saving programme (two year lock up period and 20 per cent discount)

Patrik Eriksson, director (elected by the employees), purchased 4 173 shares and now holds 5 173 shares.

Line Wegger, deputy director (elected by the employees), purchased 2 086 shares and now holds 7 020 shares.

Ingar Bolkesjø, deputy director (elected by the employees), purchased 8 347 shares and now holds 13 194 shares.

Magnus Kristiansen, deputy director (elected by the employees), purchased 8 347 shares and now holds 33 636 shares.

About Us

Selvaag Bolig ASA is a residential property developer controlling the entire value chain from acquisition of land to sale of homes. The company has several thousand homes under development at any given time, and focuses on the growth areas in and around Greater Oslo, Bergen, Stavanger, Trondheim and Stockholm. Selvaag Bolig represents a continuation of Selvaag's 70-year history and experience, and offers a broad variety of property types. The company is headquartered at Ullern in Oslo.

www.selvaagboligasa.no/en

This release was distributed by Kristoffer Gregersen, EVP communications and sustainability, Selvaag Bolig ASA.

For further information:

Sverre Molvik, CEO Telephone: +47 40 10 05 85, e-mail: smo@selvaagbolig.no

Christopher Brunvoll, CFO Telephone: +47 98 82 92 22, e-mail: chbr@selvaagbolig.no

Kristoffer Gregersen, EVP communications, sustainability and corporate strategy, Telephone: +47 95 77 55 93, e-mail: kgr@selvaagbolig.no

This information has been submitted pursuant to the Securities Trading Act § 5-12 and MAR Article 19 no. 3. The information was submitted for publication at 2022-12-02 18:44 CET.

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