ABL Group ASA: Initiation of share buyback program

3 March 2026 – ABL Group ASA (or the "Company", ticker: "ABL") has decided to initiate a share buyback program of up to 300,000 of its own shares, representing approximately 0.2% of the outstanding share capital in the Company.

The buyback program will be conducted in accordance with the authorization granted to the Board of Directors at the Annual General Meeting on 28 May 2025.

Under the share buyback program, shares may be acquired for a total maximum amount of NOK 5,000,000 and for a maximum of 300,000 shares.

The number of shares acquired per day shall not exceed 25% of the average daily trading volume in the 20 trading days preceding the relevant purchase date.

The repurchase will be conducted in the period from 3 March 2026 until the date the maximum number of shares have been repurchased. If the repurchase is not completed before the 2026 Annual General Meeting (expected on or about 27 May 2026), the repurchase shall be temporarily paused and may later continue, subject to the Board’s renewed approval, in accordance with a new authorization to repurchase shares expected to be granted to the Board of Directors by the 2026 Annual General Meeting.

This means that repurchase of shares may be continued after the date of the 2026 Annual General Meeting, until the earlier of the date the maximum number of shares have been acquired and 30 June 2026.

The purpose of the share buyback program is to meet near-term contractual obligations on past M&A transactions and to fulfil obligations in connection with employee share programs.

Any shares purchased will be held in treasury until used for the above purposes.

The buyback program will be managed by Arctic Securities AS, which will make its trading decisions in relation to the acquisition of shares independently of, and uninfluenced by, the Company.

The transactions will be conducted in accordance with the Market Abuse Regulation (EU) No 596/2014, Commission Delegated Regulation (EU) 2016/1052 and Euronext Oslo Børs’ Guidelines for buyback programs and stabilization dated February 2021.

ENDS

For further information, please contact:

Stuart Jackson, Chief Financial Officer Email: stuart.jackson@abl-group.com

Haakon Brandrud, Director of Strategy and Corporate Development Email: haakon.brandrud@abl-group.com

This information is published in accordance with the requirements set out in Article 5 of the Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

About ABL Group 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 and gas sectors. The group has offices in 44 countries worldwide and operates under four main brands: ABL, OWC, Longitude and AGR.