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Zalaris

Director's Dealing • May 18, 2022

3795_dirs_2022-05-18_a67431e7-b508-43b3-84ca-8962e0a422a2.html

Director's Dealing

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Mandatory notification of trade

Oslo, Norway, 18 May 2022

On 16th May 2022, due to an internal rebalancing, entities connected to primary insider Kenth Eriksson, a member of the board of Zalaris ASA, re-allocated Zalaris ASA shares. Athanase Industrial Partners Fund II sold 3 055 shares at NOK 39.8385 and Athanase Industrial Partners II KB bought 3 055 shares at NOK 39.8385. After the transaction entities connected to Kenth Eriksson hold in aggregate 2 230 275 shares representing 10.08% of the shares outstanding. The entities, Athanase Industrial Partners II KB, Athanase Industrial Partners Fund II and Athanase Tech AB own 723 384, 79 885 and 1 427 006 shares respectively.

Please refer to the attached notifications of trading for further details.

Contact:

Gunnar Manum, CFO

Mobil: +47 95 17 91 90

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.