Standard Supply AS — Director's Dealing 2022

Nov 7, 2022

Mandatory notification of trade – Share lending S.D. Standard ETC PLC

Mandatory notification of trade – Share lending S.D. Standard ETC PLC

Reference is made to the stock exchange announcement by Standard Supply AS (the "Company") on 6 November 2022 regarding completion of a private placement through issuance of new shares (the "Private Placement"). To arrange for settlement of the Private Placement, the Company has entered into a share lending agreement (the "Share Lending Agreement") with Clarksons Securities AS (the "Settlement Agreement") and S.D. Standard ETC PLC ("SDSD").

Pursuant to the Share Lending Agreement and for the purpose stated above, SDSD will lend out 44,085,106 new shares to the Settlement Agent. The share loan will be settled by re-delivery from the Settlement Agent of newly issued shares in the Company.

SDSD is a close associate of Chairman Martin Nes, and the share lending is therefore a notifiable transaction pursuant to the Market Abuse Regulation article 19. Further details about the transaction are available in the attached form.

For further information, please contact:

Espen Landmark Fjermestad, CEO of Standard Supply AS: Tel: +47 952 04 493