Oslo Børs has decided to place Polarcus Limited, ISIN KYG7153K1085, in the
Penalty Bench, cf. section 2.10.3 (1) of Oslo Rule Book II - Issuer Rules. This
is due to the issuer being in breach of section 4.3.1 (1) of Oslo Rule Book II
regarding the deadline for publication of the annual report.

Oslo Børs can allocate securities to the Penalty Bench if an issuer fails to
comply with the Rules.

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