Bouvet ASA - Purchase of Own Shares for Employee Share Program

Bouvet ASA has today engaged a third party to carry out repurchases of the Company's own shares for use in the Company's employee share program.

The share repurchase program comprises the purchase of up to 1,000,000 shares, with an aggregate purchase amount of up to NOK 70,000,000. As of today, the Company holds 437,585 treasury shares. The share repurchase program is time limited, and the share purchases will be carried out in defined periods during the period from 3 March 2026 to 1 October 2026.

Share repurchases in the period up to the Annual General Meeting on 13 May 2026 are based on the authorization granted by the Annual General Meeting held on 7 May 2025 and registered with the Norwegian Register of Business Enterprises. Any share repurchases after the Annual General Meeting in 2026 are conditional upon a new authorization being granted. If no such authorization is granted, the existing authorization will remain valid until 30 June 2026.

The shares will be purchased on Oslo Børs. The share repurchase program will be carried out in accordance with applicable safe harbour conditions, including the Norwegian Securities Trading Act, Commission Delegated Regulation (EU) 2016/1052, and Oslo Børs' guidelines for share repurchase programs and price stabilization (February 2021).

Contact person: Steffen Garder, CFO | Tel: +47 930 99 940 | E mail: steffen.garder@bouvet.no

This information has been submitted pursuant to the Securities Trading Act § 5-12 and MAR Article 17. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-03-03 06:00 CET.