Mandatory disclosure of large shareholding
Reference is made to the announcement made by Axactor ASA (“Axactor” or the “Company”) on 28 April 2026 regarding the successful completion of a private placement of new shares (the “Private Placement”) where F NPL Investment Holdings Fund III (subfund of Fortress ICAV) (“Holdings Fund III”) was allocated 235,703,836 shares in Axactor, subject to the passing of requisite resolutions by the Company’s extraordinary general meeting.
Holdings Fund III is owned by certain funds collectively referred to as “Fortress European NPL & Asset Recovery Fund III” or the “Fund”). The general partner of the Fund is Fortress European NPL & Asset Recovery III GP LLC (the “GP”). The GP has full power and authority to manage and control the Fund, including the property, assets, affairs and business thereof. The Fund has entered into a management agreement with Fortress European NPL & Asset Recovery III Advisors LLC which is wholly owned by FIG LLC, a registered investment advisor regulated by the U.S. Securities & Exchange Commission. FIG LLC is controlled by Fortress Investment Group LLC which in turn is ultimately controlled by FIG Buyer GP, LLC (“Fortress”).
Fortress does not, directly or indirectly, own any Axactor shares prior to completion of the Private Placement and will hence indirectly hold 235,703,836 shares in Axactor, corresponding to an ownership interest of approximately 30.68% of the 768,209,293 shares and votes in the Company that will be outstanding following registration of the share capital increase pertaining to the Private Placement in the Norwegian Register of Business Enterprises.
This information is subject to the disclosure requirements pursuant to sections 4-2 of the Norwegian Securities Trading Act.