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Regulatory press release

Axactor ASA: Mandatory Notification of Trade by Primary Insider

Axactor
Oslo, 17 February 2025

Karl Mamelund, Chief Investment Officer in Axactor ASA, has today acquired
80,000 shares in the Company at an average price of 4,11 per share. After this
transaction Karl Mamelund controls 276 858 shares in the Company.

Please refer to the attached notification of transactions for further details.

This information is subject to the disclosure requirements in Regulation EU
596/2014 article 19 number 3 and the Norwegian Securities Trading Act section
5-12.
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