FJORD DEFENCE GROUP ASA DFENS TOTAL NUMBER OF VOTING RIGHTS AND CAPITAL

Fjord Defence Group ASA – New share capital registered

27. May 2026 kl. 14:26

Oslo, 27 May 2026

Reference is made to the stock exchange announcement made by Fjord Defence Group ASA (the "Company") on 20 May 2026 at 23:04 CEST regarding inter alia the board of directors' resolution to increase the Company's share capital with NOK 45,488,368.80 by the issuance of 5,415,282 new shares in the Company in a private placement successfully placed the same day, 20 May 2026 (the "Private Placement").

The share capital increase pertaining to the issuance of shares in the Private Placement has been registered with the Norwegian Register of Business Enterprises:

 Share capital (new): NOK 580,867,274.40  Total number of shares (new): 69,150,866 shares  Par value of each share: NOK 8.40

Settlement of the shares allocated to investors in the Private Placement took place on 26 May 2026 on a delivery-versus-payment (DVP) basis, with existing shares in the Company admitted to trading on Euronext Oslo Børs facilitated by a share lending agreement between the Company, the managers in the Private Placement and certain large existing shareholders in the Company. The new shares in the Private Placement will be issued to the Pareto Securities AS, acting as settlement agent on behalf of the managers in the Private Placement, for the purpose of settling the share loan.

A separate stock exchange announcement will be made upon registration of the share capital increase pertaining to the issuance of the Consideration Shares, which are conditional upon completion of the Acquisition (capitalized terms as defined in the Company's announcement made on 20 May 2026 at 23:04 CEST).

For further information, please contact: Jon Asbjørn Bø, CEO jab@fjorddefence.com +47 930 86 932

ABOUT FJORD DEFENCE GROUP ASA

Fjord Defence Group ASA ("DFENS") is a Norwegian "compounder" listed on Euronext Oslo Børs seeking to acquire and develop fast-growing, profitable, and well-run companies in the defence industry. The company has a buy & build strategy, with focus on acquiring established, profitable businesses within the defence, security and related segments. More information on www.fjorddefencegroup.com.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and Euronext Oslo Rulebook II – Issuer Rules.