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Regulatory press release

AFG: Approved annual accounts 2022

AF Gruppen
The Board of Directors of AF Gruppen ASA has on March 30, 2023, approved the
annual accounts for 2022. Profit before tax was NOK 1,400 million. Tax expense
was NOK 248 million and annual profit was NOK 1,151 million.

Due to the group's strong financial position, The Board of Directors will as
previously communicated propose to the General Meeting a dividend payment of NOK
6.50 per share for the first half-year.
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