Moreld ASA: Launch of share buy-back programme

Stavanger, 5 November 2026: The Board of Directors of Moreld ASA ("Moreld" or the "Company") has resolved to launch a share buy-back programme (the "Programme"), pursuant to the authorisation granted by the annual general meeting on 19 May 2026.

The purpose of the Programme is to reduce the Company's share capital. Shares acquired under the Programme will be proposed cancelled at a subsequent general meeting.

Under the Programme, the Company may acquire up to 5,000,000 shares, representing approximately 2.8 % of the outstanding shares, for a maximum total amount of NOK 100 million. The Programme will commence on 5 November 2026 and end no later than 30 June 2027, when the authorisation expires. The Company is not obliged to acquire any shares under the Programme and may terminate it early.

The Programme will be carried out in accordance with Regulation (EU) No 596/2014 (MAR) Article 5 and Commission Delegated Regulation (EU) No 2016/1052.

Moreld has engaged SB1 Markets AS to manage and carry out the share repurchases in the market, and SB1 Markets AS will make its trading decisions independently of the Company.

As of the date of this announcement, the Company holds 2,674,406 treasury shares, out of a total of 179,555,119 shares issued.

Contact: Trond Rosnes, CFO, tel. +47 404 14 494

This information is made public by the Company pursuant to MAR and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.