Saga Pure ASA – Mandatory notification of trades – Acceptances under Mandatory Offer

Reference is made to the stock exchange notice dated 11 April 2025 regarding the commencement of the acceptance period for the mandatory offer by Tycoon Industrier AS ("Tycoon" or the "Offeror") for shares in Saga Pure ASA ("Saga Pure" or the "Company") not owned by the Offeror, at an offer price of NOK 1.33 per share in Saga Pure (the "Offer Price") (the "Mandatory Offer").

The Offeror is a close associate of the Company's Board Member Øystein Stray Spetalen and is therefore required to disclose acceptances received under the Mandatory Offer on an ongoing basis.

El Investment AS, a company controlled by CEO in Saga Pure Espen Lundaas, have accepted the mandatory offer for all the 2,300,000 shares owned by El Investment AS.

Tore Jakob Berg, CFO in Saga Pure, have accepted the mandatory offer for all his 566,979 shares.

Please see the attached notifications of trading for information on acceptances received by the Offeror on 8 May 2025.

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.