Aker ASA: Required Announcement of Transaction

Aker Horizons Share Distribution and Merger Announcement

• Dividend Distribution: Aker Horizons ASA has announced the successful completion of conditions for distributing shares in Aker Horizons Holding AS (AKHH) as a dividend in-kind to its shareholders. This distribution is part of a planned merger with AKH HoldCo AS, a wholly owned subsidiary of Aker ASA.

• Merger Consideration: Shareholders of Aker Horizons (excluding AKH HoldCo AS) will receive a merger consideration of NOK 0.267963 in cash and 0.001898 shares in Aker ASA for each share they own in Aker Horizons.

Insider Share Allocations

• Primary Insiders' Shares: Key insiders and their close associates will receive Consideration Shares as part of the merger. Notable allocations include:
  • Erøy AS (associated with Øyvind Eriksen, CEO) will receive 542 shares.
  • Svein Oskar Stoknes (CFO) will receive 63 shares.
  • Aker Solutions ASA (also associated with Øyvind Eriksen) will receive 1,435 shares.
  • Fredrik Berge (Head of Investor Relations) will receive 5 shares.
  • Edith Synnøve Bjerkan (deputy employee-elected director) will receive 1 share.

Regulatory Compliance

• Disclosure Requirements: The information is disclosed in accordance with Article 19 of Regulation EU 596/2014 (EU Market Abuse Regulation) and Section 5-12 of the Norwegian Securities Trading Act. Further details can be found in the attached PDMR forms.

Contact Information

• Media and Investor Relations:
  • Media inquiries can be directed to Atle Kigen at +47 90 78 48 78 or atle.kigen@akerasa.com.
  • Investor inquiries can be directed to Fredrik Berge at +47 45 03 20 90 or fredrik.berge@akerasa.com.