Date on which the terms and conditions of the preferential rights issue were
announced: 3 December 2020


Last day including right: 17 December 2020



Ex-date: 18 December 2020



Record Date: 21 December 2020



Date of approval: 17 December 2020



Maximum number of new shares: 800,000,000



Subscription price: Minimum NOK 5 and maximum NOK 40 (following a reverse split
in the ratio of 100:1)



Ratio preferential rights: To be determined in the future, in the event the
board elects to proceed with the rights issue



Subscription ratio: To be determined in the future, in the event the board
elects to proceed with the rights issue



Manager: To be engaged by the board in the event the board elects to proceed
with the rights issue



Will the rights be listed - yes/no: Yes



ISIN for the preferential rights: To be announced



Other information (optional): The board of directors may in its discretion elect
not to proceed with the rights issue.





Fornebu, 3 December 2020

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