Itera ASA: Results of offer to buy back shares

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER MEASURES.

Itera ASA: Results of offer to buy back shares

Reference is made to the stock exchange release of Itera ASA (“Itera” or the "Company") dated 18 March 2026 at 08:16 hours CET concerning an offer to buy back shares in connection with the Company's employee option and share purchase program (the "Offer"). The Offer expired on 19 March 2026 at 15:00 hours CET.

The Company’s board of directors has resolved to buy back 800,000 shares, as set out in the Offer, at a price of NOK 7.80 per share (the “Purchase Price”). The price was determined through a bookbuilding process.

The trade date for the shares will be today 20 March 2026 (T) and settlement will take place on 24 March 2026 (T+2).

As a result of the buy back, the Company owns 1,272,596 own shares, corresponding to 1.5% of the share capital and voting rights in the Company.

For further information, please contact: Bent Hammer, CFO +47 982 15 497

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