Reference is made to the stock exchange announcement from ABL Group ASA (the “Company”) on 22 January 2024 regarding exercise of warrants.

The share capital increase as a result of the exercise of warrants has now been registered in the Norwegian Register of Business Enterprises, and the Company’s share capital has been increased with NOK 100,000.

Following registration of the share capital increase, the Company has an issued share capital of NOK 12,847,786.70 divided on 128,477,867 shares each with a par value of NOK 0.10.

Shares issued on the basis of the warrants will be subject to a lock-up period of 6 months from the date of issue. After the expiry of such period, there shall be no restriction on the transferability of such shares.

As part of the consideration under the agreement from 2020 where ABL Group ASA (the “Company”) acquired 100 percent of the shares in LOC Group, the Company issued warrants at its Extraordinary General Meeting held on 14 December 2020, giving certain funds managed by Bridgepoint Advisers II Limited the right to subscribe for new shares in the Company, subject to certain exercise conditions. In line with the exercise conditions, Bridgepoint has exercised its last 1 million warrants, so that the remaining number of warrants is zero. The 1 million new shares subscribed for at a subscription price of NOK 0.10 per share, will be submitted for registration in the Norwegian Register of Business Enterprises as soon as possible.

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.

Oslo, Norway, 8 January 2024: Reference is made to the stock exchange notice issued by ABL Group ASA (“ABL Group” or the “Company”) on 8 January 2024 regarding exercise of employee share options as part of the Company’s long-term incentive plan (“LTIP”).

Pursuant to the sales process conducted by a third party these primary insiders have sold the following number of shares:

• RV Ahilan, Chief Energy Transition Officer, net sold 10,000 shares at a price of NOK 12.00 per share. Following the transaction, Ahilan will own 887,705 shares and 100,000 share options in the Company.

The following primary insiders have purchased shares:

• Stuart Jackson, Chief Financial Officer, purchased 65,000 shares at a price of NOK 12.00 per share. Following the transaction, Jackson will own 65,000 shares in the Company.
• Eiketangen AS, a related party of Synne Syrrist, board member of ABL Group, purchased 20,000 shares at a price of NOK 12.00 per share. Following the transaction, Syrrist and her close associates will own 20,000 shares in the Company.

Further details of the primary insider transactions pursuant to the market abuse regulation article 19 are attached.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Oslo, Norway, 8 January 2024: Reference is made to the stock exchange notice
issued by ABL Group ASA (“ABL Group” or the “Company”) on 14 December 2023
regarding vesting of employee share options as part of the Company’s long-term
incentive plan (“LTIP”).

Participants in ABL Group’s share option program have on 8 January 2024
exercised a total of 4,127,500 options distributed as follows:

• 180,000 options issued as part of the LTIP 2019 program at an exercise price
  of NOK 3.09; and
• 3,947,500 options issued as part of the LTIP 2020 program at an exercise price
  of NOK 5.26.

Each option gives a 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 2023.

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 412,750.00 by issuing 4,127,500 new shares, of
par value NOK 0.1. Subsequent to the transaction and the registration of the new
shares in the Norwegian Register of Business Enterprises, ABL Group’s share
capital will be NOK 12,747,786.70 divided into 127,477,867 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:

• 135,000 options are exercised by David Wells, board member. Following the
  transaction, Wells and his close associates will own 1,208,051 shares in the
  Company.
• 135,000 options are exercised by Svein Staalen, General Counsel. Following the
  transaction, Staalen will own 337,864 shares in the Company.
• 100,000 options are exercised by Will Cleverly, CEO of OWC. Following the
  transaction, Cleverly will own 278,931 shares in the Company.
• 160,000 options are exercised by RV Ahilan, Chief Energy Transition Officer.
  Following the transaction, Ahilan will own 897,705 shares and 100,000 share
  options 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 Ahilan will be announced in a
separate stock exchange notice when known.

Primary insider notifications pursuant to the market abuse regulation article 19
are attached.

A total of 5,047,500 vested options were not exercised and will be extended by 1
year. After the exercise, the following employee share options remain
outstanding:

• 450,000 vested share options expiring 11 March 2025, with exercise price NOK
  3.09;
• 4,597,500 vested share options expiring 14 September 2025, with exercise price
  NOK 5.26; and
• 848,000 share options, vesting 11 July 2025 and expiring 11 April 2026, with
  exercise price NOK 12.03.

Oslo, 14 December 2023

With reference to the stock exchange notice by ABL Group ASA (the “Company” or “ABL Group”) dated 4 May 2021, in which it was announced that ABL Group had granted employee share options as part of the Company’s long-term incentive plan (“LTIP”). The vesting date for these options is today, 14 December 2023.

The following share options have vested today:
8,545,000 share options, held by 121 option holders, with an exercise price of NOK 5.26.

In addition, the following share options have previously vested and been extended:
630,000 share options, held by 13 option holders, with an exercise price of NOK 3.09.

The Company has today opened an exercise window in which option holders may exercise the above share options. The exercise window closes on 8 January 2024 and any exercises will take effect only at the end of the window. Option holders who choose not to exercise during the current window will have their options extended for 1 year and will have the opportunity to exercise these in later exercise windows as decided by the Board of Directors.

Following today’s vesting of employee share options, there are 848,000 unvested employee share options outstanding, vesting on 11 July 2025 at an average exercise price of NOK 12.03.

For more information on the LTIP and outstanding share options, please see the Company’s Annual Report.