Reference is made to the stock exchange announcement from HAV Group ASA ("HAV"
or the "Company") of 26 November 2021 regarding the initiation of a repurchase
program of up to 3,500,000 own shares. The repurchase program can be implemented
in the period up to 1 May 2022.

The following repurchases have been made in accordance with the "safe harbor"
rules, which includes a limitation of 25% of the average daily volume traded in
the last 20 trading days:

Date	         Volume             Average price             Total cost
	                            (NOK)	              (NOK)
01.12.21          4.095	            15.1551	               62.060,13
02.12.21          8.000             15.3488                   122.790,40
03.12.21          7.000             15.7390                   110.173,00
06.12.21          8.905             15.7820                   140.538,71
07.12.21         10.000             15.4056                   154.056,00
08.12.21         10.000             15.2800                   152.800,00
09.12.21          8.000             15.2050                   121.640,00     

Total previously 
published
repurchases under 
the program	      -                   -                            -            
  

Total repurchases 
under the 	
program	         56.000             15.4296                   864.058,24

A detailed overview of all completed transactions under the repurchase program
carried out during the above time period is attached hereto and available at
www.newsweb.no.

Following the completion of the above transactions, HAV owns 56.000 own shares
in the Company, corresponding to 0.16% of HAV's share capital.

For further information, please contact:
Gunnar Larsen, CEO
Tel: +47 90 10 56 94
Email: gunnar.larsen@havgroup.no 

This information is published in accordance with the Market Abuse Regulation
(EU) 596/2014 Article 5, as supplemented by delegated Commission Regulation (EU)
2016/1052, and is subject to disclosure requirements in accordance with the
Securities Trading Act § 5-12.

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© Oslo Bors ASA, source Oslo Stock Exchange