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January 15, 2024

For further information, please contact:

Investors and financial media

Stuart Jackson, CFO, ABL Group ASA
Telephone: +971 4 3793612

Other media enquiries

Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05
Email: endre.johansen@corpcom.no

About ABL Group ASA

ABL Group (OSE: ABL Group ASA – ticker code “ABL”) is a leading independent global consultancy delivering energy, marine, engineering and digital solutions to drive safety and sustainability in renewables, maritime and oil & gas sectors. The group has offices in 39 countries worldwide and operates under four brands: ABL, OWC, Longitude and AGR.

ABL Group ASA: Share capital increase registered

Oslo, Norway, 15 January 2024: Reference is made to the stock exchange release
by ABL Group (“ABL Group” or the “Company”) published on 8 January 2024
regarding a share capital increase following the exercise of share options.

The issuance of 4,127,500 new shares has been registered with the Norwegian
Register of Business Enterprises. Following registration, the share capital of
ABL Group is NOK 12,747,786.70 divided into 127,477,867 shares, each share
having a par value of NOK 0.1.