Headline: Axactor ASA –Extraordinary General Meeting held

An extraordinary general meeting of Axactor ASA (the "Company") was held today as a virtual meeting. All items on the agenda, including the matters pertaining to the private placement that was successfully placed on 28 April 2026, were approved in accordance with the proposals set out in the notice. As a result the allocation of Offer Shares to shareholders other than Geveran and Fortress are now unconditional and the shares are tradeable.

The prospectus for the listing of the shares issued as part of the Private Placement and the offering and listing of the shares in the subsequent offering is expected to be approved tomorrow, 21 May 2026. A separate announcement will be made with key dates relating to the subsequent offering when the prospectus has been approved.

The minutes of the meeting, including appendices, are attached to this notice and will also be made available on the Company's website at www.axactor.com.

For further information, please contact: Vibeke Ly, Chief of Staff, Axactor Tel: +47 911 79 195 E-mail: vibeke.ly@axactor.com

To learn more about Axactor, visit www.axactor.com.