Saga Pure ASA: Last day of the acceptance period for the subsequent offer to buy back own shares

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN ANY JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER MEASURES.

(Oslo, Norway, 1 July 2026)

Reference is made to the stock exchange notice published by Saga Pure ASA (SAGA) (the "Company") on 18 June 2026 regarding the launch of a subsequent offer to buy back up to 46,285,127 existing shares in the Company (the "Subsequent Offer") at a price of NOK 1.60 per share (the "Offer Price").

The acceptance period for the Subsequent Offer (the "Acceptance Period") will expire today, on 1 July 2026, at 16:30 CEST.

Shareholders wishing to accept the Subsequent Offer by selling all or part of their holding of shares in the Company at the Offer Price may submit their acceptances (the "Acceptance") by submitting the electronic acceptance form (the "Acceptance Form") available on the Manager's (as defined below) website prior to expiry of the Acceptance Period (https://www.arctic.com/offerings), alternatively by contacting the Manager at +47 971 83 609.

The Acceptance is irrevocable and cannot be amended or withdrawn, in whole or in part, once submitted.

The Company reserves the right, at its sole discretion, to amend, terminate or withdraw the Subsequent Offer at any time prior to its completion. Completion of the Subsequent Offer is subject to approval by the Board.

Arctic Securities AS (the "Manager") acts as sole bookrunner in connection with the Subsequent Offer.

For further information, please contact:

Henrik A. Christensen, Chairperson

+47 909 67 683

Important note

The Subsequent Offer contemplated herein and the distribution of this announcement and other information in connection with the Subsequent Offer may be restricted by law in certain jurisdictions, and the Subsequent Offer is not made in any jurisdiction in which this would be unlawful, require registration or other measures. The Company accepts no responsibility for any violation by any person of such restrictions. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe any such restrictions. This announcement is not an offer document and, as such, does not constitute an offer or the solicitation of an offer to subscribe to, acquire or sell shares in the Company. This announcement contains forward-looking statements. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding the Subsequent Offer, are forward-looking statements that involve risks and uncertainties. There can be no assurances that such statements will prove to be accurate, and actual results could differ materially from those anticipated in such statements.