Reference is made to the stock exchange release by ABL Group ASA (“ABL Group” or the “Company”) published on 9 September 2025 regarding a share capital increase following the exercise of share options.

The issuance of 2,332,500 new shares has been registered with the Norwegian Register of Business Enterprises. Following registration, the share capital of ABL Group is NOK 13,342,536.70 divided into 133,425,367 shares, each share having a par value of NOK 0.1.

The CEO of ABL Group ASA, Reuben Segal, will be presenting at the Pareto Securities’ Energy Conference at 11:15 CET today. The presentation used is attached here and can be found on our Reports and Presentations page.

ABL Group ASA (the Company) has been notified of the following transactions by primary insiders:

Gross Management AS, controlled by Chairman of the Board Glen Ole Rødland, has purchased 300,000 shares at NOK 8.60 per share. Following the share purchase, Gross Management AS holds 15,567,351 shares in the Company.

Bjørn Stray, observer to the Board of Directors, has purchased 150,000 shares at NOK 8.60 per share.
Following the share purchase, Mr Stray holds 6,518,743 shares in the Company.

Katherine Phillips, Chief Transformation Officer, has purchased 15,000 shares at NOK 8.60 per share.
Following the share purchase, Ms Phillips holds 15,000 shares in the Company.

RV Ahilan, Chief Energy Transition Officer, has sold 100,000 shares at NOK 8.60 per share and purchased 150,000 shares at NOK 8,60 per share (through investment account in Hargreaves Lansdown (UK)). Following the share purchase, Mr Ahilan holds 1,037,705 shares in the Company.

Please see attached primary insider notification forms pursuant to the requirements of the Market Abuse Regulation.

This information is subject to the disclosure requirements pursuant to MAR Article 19 and Section 5-12 of the Norwegian Securities Trading Act.

Oslo, Norway, 9 September 2025: Reference is made to the stock exchange notice issued by ABL Group ASA (“ABL Group” or the “Company”) on 21 August 2025 regarding potential exercise of employee share options as part of the Company’s previous long-term incentive plan (“LTIP”).

Participants in ABL Group’s share option program have, on 9 September 2025, exercised a total of 2,332,500 options issued as part of the LTIP 2020 program at an exercise price of NOK 4.68.

Each option gives the right to receive one share in the Company. For more information on the LTIP and outstanding share options, please see the Company’s Annual Report as well as the notice to the Annual General Meeting 2025.

Following the exercise, the Board of Directors, pursuant to authorisation granted at the Company’s Annual General Meeting, has decided to increase the Company’s share capital by NOK 233,250.00 by issuing 2,332,500 new shares of par value NOK 0.1. Subsequent to the transaction, ABL Group’s share capital will be NOK 13,342,536.70 divided into 133,425,367 shares, each share having a par value of NOK 0.1 and carrying one vote in the Company’s general meeting.

The following options are exercised by primary insiders:

• 100,000 options are exercised by RV Ahilan, Chief Energy Transition Officer. Following the transaction, Ahilan will own 987,705 shares in the Company.

Ahilan and certain other option holders have transferred their rights to receive shares resulting from the exercised options to a third party. Following a sale of shares, these option holders will receive the net proceeds after deduction of the exercise price and accrued tax. The sales amount will be finally determined on the basis of the price subsequently obtained by the third party in the market. The results of the sales process for primary insiders will be announced in a separate stock exchange notice when known.

Please see attached primary insider notification form pursuant to the requirements of the Market Abuse Regulation.
This information is subject to the disclosure requirements pursuant to MAR Article 19 and Section 5-12 of the Norwegian Securities Trading Act.

After the exercise, the following employee share options remain outstanding from the Company’s previous incentive plan:

• 740,000 vested share options expiring 11 April 2026, with exercise price NOK 10.69.

For more information about the Company’s current employee incentive programs, please refer to the Company’s remuneration report or the stock exchange notice issued by the Company on 8 May 2025.

Oslo, Norway, 21 August 2025:

Between 2019 and 2022, ABL Group ASA (the “Company” or “ABL Group”) granted employee share options as part of the Company’s long-term incentive plan (“LTIP”). Each option gives the right to receive one share in the Company. For more information on the LTIP and outstanding share options, please see the Company’s Annual Report.

The Company has today opened an exercise window in which option holders may exercise vested share options. The exercise window closes on 8 September 2025, and any exercises will take effect only at the end of the window.

The following share options vested in 2023 and may be exercised during the current window:

• 2,372,500 share options, held by 39 option holders, each with an exercise price of NOK 4.68. If not exercised, these options expire shortly after the end of the current window.

Following the conclusion of this exercise window, 740,000 employee share options will remain outstanding, each with an exercise price of NOK 10.69. These options will expire in April 2026.