Soiltech

Share Issue/Capital Change • Jan 13, 2026

Completed block sale of existing shares in Soiltech ASA

Completed block sale of existing shares in Soiltech ASA

13.1.2026 22:48:35 CET | Soiltech ASA | Additional regulated information

required to be disclosed under the laws of a member state

Soiltech ASA (OSE: STECH)

Sandnes, Norway, 13. January 2026

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE

OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, HONG KONG,

SOUTH AFRICA OR IN ANY JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR

DISTRIBUTION WOULD BE UNLAWFUL.

THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN

OFFER TO BUY SECURITIES IN ANY JURISDICTION, INCLUDING THE UNITED STATES,

CANADA, AUSTRALIA, JAPAN, HONG KONG OR SOUTH AFRICA.

Certain key personnel (the "Sellers") in Soiltech ASA (the "Company") have

executed a block sale of existing shares in the Company (the "Offering") through

a club deal in the pre-sounding phase of the Offering.

The Sellers have successfully sold 319,665 shares in the Company (the "Offer

Shares"), which is equal to approx. 3.9% of the Company's shares outstanding, at

a price of NOK 72.00 per Offer Share, generating total gross proceeds of approx.

NOK 23 million.

The notification of allocation in the Offering is expected to be communicated on

or about 14 January 2026 (T) before 09:00 CET. The settlement in the Offering is

expected to take place on or about 16 January 2026 on a delivery versus payment

basis (normal DVP T+2). The Offer Shares will be tradeable on Euronext Expand

Oslo (main regulated list on the Oslo Stock Exchange) from T.

The Sellers will exercise 447,440 options outstanding in the Company (the

"Option Exercise") post the Offering which has a total exercise cost of NOK

16,640,400 (the "Exercise Cost"). The majority of the net proceeds from the

Offering to the Sellers will be used to finance the Sellers' Exercise Cost in

connection with the Option Exercise. The majority of the Sellers will, through

the Option Exercise, adjusted for the Offering, increase their exposure to the

Company (net positive).

The following key personnel in the Company are the Sellers in the Offering:

* Knatten I AS - a company closely related to Jan Erik Tveteraas (CEO): owns

605,325 shares / 47,440 options to be exercised / 32,765 shares to be sold /

net 14,675 new shares.

* Røvde AS - a company closely related to Erik Røvde (VP Operations): owns

5,097 shares / 100,000 options to be exercised / 52,000 shares to be sold /

net 48,000 new shares.

* Tove Vestlie (CFO): owns 18,000 shares / 100,000 options to be exercised /

37,000 shares to be sold / net 63,000 new shares.

* Patrick Åsland (VP Technology & Newbuilds): 40,000 options to be exercised /

39,800 shares to be sold / net 200 new shares.

* Bente Skogen (VP People & Organisation): 35,000 options to be exercised /

34,800 shares to be sold / net 200 new shares.

* Else Karin Vådeland (VP HSSEQ & Sustainability): 15,000 options to be

exercised / 14,800 shares to be sold / net 200 new shares.

* Olaf Skrivervik (Board Member): owns 5,000 shares / 10,000 options to be

exercised / 8,500 shares to be sold / net 1,500 new shares.

* Daniel Roberts (Director Middle East): 100,000 options to be exercised /

100,000 shares to be sold / net 0 new shares.

The Company will receive NOK 16,640,400 of the net proceeds from the Offering,

which equals the Exercise Cost in the Option Exercise, and in return the Company

will issue 447,440 new shares to the Sellers through the Option Exercise. The

Sellers will receive the remaining portion of the net proceeds from the

Offering.

The Sellers have entered into a 3-month customary lock-up with the Manager

following the completion of the Offering for the shares the Sellers hold in the

Company which are not sold as part of the Offering.

The DVP settlement in the Offering is facilitated by a share lending agreement

between the Manager, the Company, and Knatten I AS. The share lending agreement

will be settled with new shares in the Company to be issued in connection with

the Option Exercise.

Pareto Securities AS acted as manager in the Offering (the "Manager").

Important notices:

This announcement is not and does not form a part of any offer to sell, or a

solicitation of an offer to purchase, any securities of the Company. The

distribution of this announcement and other information may be restricted by law

in certain jurisdictions. Copies of this announcement are not being made and may

not be distributed or sent into any jurisdiction in which such distribution

would be unlawful or would require registration or other measures. Persons into

whose possession this announcement or such other information should come are

required to inform themselves about and to observe any such restrictions.

The securities referred to in this announcement have not been and will not be

registered under the U.S. Securities Act of 1933, as amended (the "Securities

Act"), and accordingly may not be offered or sold in the United States absent

registration or an applicable exemption from the registration requirements of

the Securities Act and in accordance with applicable U.S. state securities laws.

The Company does not intend to register any part of the offering or its

securities in the United States or to conduct a public offering of securities in

the United States.

In any EEA Member State, this communication is only addressed to and is only

directed at qualified investors in that Member State within the meaning of the

Prospectus Regulation, i.e., only to investors who can receive the offer without

an approved prospectus in such EEA Member State. The expression "Prospectus

Regulation" means Regulation (EU) 2017/1129 as amended together with any

applicable implementing measures in any Member State.

This communication is only being distributed to and is only directed at persons

in the United Kingdom that are "qualified investors" within the meaning of the

Prospectus Regulation as it forms part of English law by virtue of the European

Union (Withdrawal) Act 2018 and that are (i) investment professionals falling

within Article 19(5) of the Financial Services and Markets Act 2000 (Financial

Promotion) Order 2005, as amended (the "Order") or (ii) high net worth entities,

and other persons to whom this announcement may lawfully be communicated,

falling within Article 49(2)(a) to (d) of the Order (all such persons together

being referred to as "relevant persons"). This communication must not be acted

on or relied on by persons who are not relevant persons. Any investment or

investment activity to which this communication relates is available only for

relevant persons and will be engaged in only with relevant persons. Persons

distributing this communication must satisfy themselves that it is lawful to do

so.

Matters discussed in this announcement may constitute forward-looking

statements. Forward-looking statements are statements that are not historical

facts and may be identified by words such as "believe", "expect", "anticipate",

"strategy", "intends", "estimate", "will", "may", "continue", "should" and

similar expressions. The forward-looking statements in this release are based

upon various assumptions, many of which are based, in turn, upon further

assumptions. Although the Seller believes that these assumptions were reasonable

when made, these assumptions are inherently subject to significant known and

unknown risks, uncertainties, contingencies and other important factors which

are difficult or impossible to predict and are beyond their control.

By their nature, forward-looking statements are subject to numerous factors,

risks and uncertainties that could cause actual outcomes and results to be

materially different from those projected. Readers are cautioned not to place

undue reliance on these forward-looking statements. Except for any ongoing

obligation to disclose material information as required by the applicable law,

the Seller does not have any intention or obligation to publicly update or

revise any forward-looking statements after they distributes this announcement,

whether to reflect any future events or circumstances or otherwise.

Neither the Manager nor any of its respective affiliates make any representation

as to the accuracy or completeness of this announcement and none of them accepts

any responsibility for the contents of this announcement or any matters referred

to herein.

The Manager is acting for the Seller only in connection with the Offering and no

one else, and will not be responsible to anyone other than the Seller for

providing the protections offered to clients nor for providing advice in

relation to the Offering, the contents of this announcement or any transaction,

arrangement or other matter referred to in this announcement.

This announcement is for information purposes only and is not to be relied upon

in substitution for the exercise of independent judgment. It is not intended as

investment advice and under no circumstances is it to be used or considered as

an offer to sell, or a solicitation of an offer to buy any securities or a

recommendation to buy or sell any securities in the Company. Neither the Manager

nor any of its respective affiliates accepts any liability arising from the use

of this announcement.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section

5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Jan Erik Tveteraas, CEO, Soiltech ASA, +47 95 21 49 25,

jan.erik.tveteraas@soiltech.no

* Tove Vestlie, CFO / Investor Relations, Soiltech ASA, +47 90 69 06 48,

tove.vestlie@soiltech.no

ABOUT SOILTECH ASA

Soiltech is an innovative technology company specializing in the treatment,

recycling and sustainable handling of contaminated water and solid waste on

site. Our technologies enable cost savings and lower CO2 emissions through waste

reduction, waste recovery and reuse. Soiltech operates world-wide and is

headquartered in Norway.

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17849399/18773004/6690/Download%20announce

ment%20as%20PDF.pdf