Regulatory press release

ACR: Disclosure of significant shareholding Axactor ASA

Reference is made to the announcement published on 28 April 2026 by Axactor ASA
(«The Company») regarding the successful placement of a Private Placement of EUR
200 million. Kistefos AS and its sister company, Kistefos Investment AS
("Kistefos"), have participated in the Private Placement, which was approved by
an extraordinary general meeting in the Company today on the 20th of May 2025.
Upon receipt of the new shares, Kistefos will hold a total of 56,537,106 shares
in the Company, equivalent to 7.36% of the outstanding shares following
completion of the Private Placement. The shares will be settled in forward
contracts.
ward\
contracts.\