Soiltech — Capital/Financing Update 2025

Mar 31, 2025

Correction – Share Capital Increase Registered

Correction – Share Capital Increase Registered

Soiltech ASA (OSE: STECH)

Sandnes, Norway, 31 March 2025

Reference is made to the stock exchange announcement dated 28 March 2025 regarding a registered share capital increase.

The details of the share capital, number of shares, and nominal value provided in the announcement is correct. The company's share capital is1 038 933,61, divided into 7 991 797 shares, each with a nominal value of NOK 0.13.

However, due to an oversight, a prior share capital increase that was registered in the Norwegian Register of Business Enterprises on 9 December 2024 was not announced. Today’s announcement is made to ensure full transparency.

The following options were exercised in 2024 and registered on 9 December 2024 in the Norwegian Register of Business Enterprises:

On 30 October 2024, option holder Oluf Bergsvik exercised 28,710 options at a strike price of NOK 11. These options were granted on 2 April 2012. Following the exercise, his remaining number of options is 28,710, as correctly stated in the announcement dated 28 March 2025.

On 12 November 2024, option holder Eric Skjæveland exercised 1,000 options at a strike price of NOK 35. These options were granted on 20 March 2020. After this exercise, 34,000 options remain.

The Company apologizes for any inconvenience caused.

This information is subject to the disclosure requirements pursuant to Article 19 of the EU Market Abuse Regulation and is notifiable pursuant to Section 5-12 of the Securities Trading Act

For more information, contact:

Tove Vestlie, CFO Telephone: (+47) 90 69 06 48

Jan Erik Tveteraas, CEO Telephone: (+47) 95 21 49 25