Saga Pure ASA - Mandatory notification of trade

Reference is made to the stock exchange notice of 27 August 2025 regarding the successful completion of a private placement, raising gross proceeds of NOK 121.5 million, equivalent to approx. USD 12 million, through the conditional allocation of 90,000,000 new shares, each at a subscription price of NOK 1.35 (the Private Placement).

To arrange for delivery versus payment (DVP) settlement in the Private Placement, Saga Pure ASA has entered into a share lending agreement (the Share Lending Agreement) with Arctic Securities AS (the Settlement Agent) and Tycoon Industrier AS. Pursuant to the Share Lending Agreement, and on the terms as detailed therein, Tycoon Industrier AS has today lend out 7,335,137 existing shares to the Settlement Agent. The share loan will be settled by re-delivery from the Settlement Agent of new shares following registration of the share capital increase pertaining to the Private Placement.

Tycoon Industrier AS is a close associate of Øystein Stray Spetalen, who is a person discharging managerial responsibilities (as defined by the EU Market Abuse Regulation) of Saga Pure ASA. PDMR form attached.

For further information, please contact:

Espen Lundaas, CEO, +47 924 31 417

Tore Jakob Berg, CFO, +47 934 80 202

This information is subject to the disclosure requirements under the EU Market Abuse Regulation art. 19 and Section 5-12 of the Norwegian Securities Trading Act.