Magnora ASA: Minutes of Annual General Meeting 2026 and changes in the Board of Directors

12.5.2026 15:31:02 CEST | Magnora ASA | Additional regulated information required to be disclosed under the laws of a member state

The Annual General Meeting (AGM) of Magnora ASA was held on 12 May 2026. All proposals in the notice of the AGM were adopted.

The new Board of Directos has strong competence and network to support Magnora ASA' further development and growth, especially the data center business. As announced 29 April, Magnora plans for an IPO of this business, to become the only publicly listed European pure data center company.

The Board now consists of the following persons who all have a strong background from executive positions within operations, technology, and finance: - John Hamilton (chairman, previously ordinary member), CEO of Panoro Energy ASA. - Jean-François Berche (new), CTO at GreenScale, previously at DTCP, Microsoft (incl. OpenAI), and Amazon Web Services. - Lars Schedin (new), CEO of Granode Materials, previously CEO and co-founder of EcoDataCenter. - Hilde Ådland (re-elected) , Vice President of Facilities Excellence at Vår Energi ASA. - Hilde Hukkelberg (new), Managing Director at Innovation Norway in London, previously e.g. built the Tech Executive Accelerator.

The company would like to express its sincere gratitude to Mr. Torstein Sanness for his significant contributions, leadership, and commitment as chairman of the Board over many years.

The minutes of the AGM are attached and are also available on www.magnoraasa.com - http://www.magnoraasa.com/.

DISCLOSURE REGULATION

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

CONTACTS

* Erik Sneve, CEO, email: es at magnoraasa.com * John Hamilton, Chairman of the Board, email: hamilton.john at outlook.com

ABOUT MAGNORA ASA

Magnora ASA (OSE: MGN) is a developer of data center, wind, solar, and battery projects, as well as a data center operator. Magnora has operations in Europe and Africa through the portfolio companies Magnora Data Center AS, Magnora Data Center AB, Storespeed AS, Hafslund Magnora Sol AS, Magnora Offshore Wind AS, Magnora Germany, Magnora Italy Srl., Magnora Solar PV UK, Magnora South Africa, and AGV. Magnora also has earn-out revenues related to the former portfolio companies Helios Nordic Energy and Evolar. Magnora is listed on the main list of the Oslo Stock Exchange under the ticker MGN.

ATTACHMENTS

Download announcement as PDF.pdf - https://kommunikasjon.ntb.no/ir-files/17847805/18899684/10033/Download%20announc ement%20as%20PDF.pdf

Minutes of AGM in Magnora ASA 12 May 2026.pdf - https://kommunikasjon.ntb.no/ir-files/17847805/18899684/10001/Minutes%20of%20AGM %20in%20Magnora%20ASA%2012%20May%202026.pdf