Oslo, 27 October 2021

Terje Mjøs Holding AS, a company directly controlled by a member of the Board of
Directors of Axactor SE, Terje Mjøs, has on 27 October 2021 purchased 100,000
shares in the Company at an average price of 8.05 per share. After this
transaction Mr Terje Mjøs and Terje Mjøs Holding AS controls 300,000 shares in
the Company.

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