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Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

Regulatory press release

Magnora ASA: Grant of share options

Magnora
12.5.2026 19:37:37 CEST | Magnora ASA | Additional regulated information
required to be disclosed under the laws of a member state

Members of the Board of Directors of Magnora ASA have been granted a total of
220,000 share options today 12 May, following approval by the Annual General
Meeting the same day of share option grants referring to Magnora guidelines.

All the share options have strike price of NOK 24.04 (average daily closing
share price last 3 months) and vesting period of 3 years, each option gives the
right to acquire one share in the company, and the options expire 5 years from
vesting date.

For each member of the Board granted such options, the number of options
granted, resulting number of options held, shares owned and/or controlled, and
corresponding owner share (%) are as follows:

John Hamilton, chairman of the Board
Share options granted: 100,000. Total share options held: 140,000. Shares
owned/controlled: 63,837 (0.09%).

Lars Schedin, Board member
Share options granted: 60,000. Total share options held: 60,000. Shares
owned/controlled: 25,000 (0.03%).

Hilde Ådland, Board member
Share options granted: 60,000. Total share options held: 60,000. Shares
owned/controlled: 62,445 (0.09%).

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Erik Sneve, CEO, email: es at magnoraasa.com

ABOUT MAGNORA ASA

Magnora ASA (OSE: MGN) is a developer of data center, wind, solar, and battery
projects, as well as a data center operator. Magnora has operations in Europe
and Africa through the portfolio companies Magnora Data Center AS, Magnora Data
Center AB, Storespeed AS, Hafslund Magnora Sol AS, Magnora Offshore Wind AS,
Magnora Germany, Magnora Italy Srl., Magnora Solar PV UK, Magnora South Africa,
and AGV. Magnora also has earn-out revenues related to the former portfolio
companies Helios Nordic Energy and Evolar. Magnora is listed on the main list of
the Oslo Stock Exchange under the ticker MGN.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847805/18901870/10099/Download%20announc
ement%20as%20PDF.pdf
ikasjon.ntb.no/ir-files/17847805/18901870/10099/Download%20announc\
ement%20as%20PDF.pdf\