Reference is made to the announcement by the Company on 16. November 2022
regarding a completed private placement in the Company, and further reference is
made to the description in the announcement relating to the share lending
agreement pursuant to which Sundt AS has agreed to the lending of shares in
connection with the private placement.   

As a result of the share lending, Sundt AS discloses the following information
pursuant to Section 4-2 of the Norwegian Securities Trading Act and the
Securities Trading Act Regulations: 

On 17 November 2022, following allocation in the private placement, execution of
the share loan and the subsequent temporary disposal of 45,000,000 shares in the
Company, Sundt AS' holdings of shares went from 75,007,977 shares to 37,938,149
shares which represents 3.40% of the share capital based on 1,117,335,282 shares
in issue following tranche 1 of the private placement.

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